Macquarie Asset Administration, an funding administration firm, launched its “Macquarie Massive Cap Development Fund” investor letter for the third quarter of 2025. A replica of the letter will be downloaded right here. Fairness indexes once more posted document beneficial properties within the third quarter of 2025, with AI-themed shares main the market. AI Shares led round 75% of the market returns within the quarter. Nevertheless, the fund delivered constructive returns within the quarter, however lagged behind the Russell 1000 Development Index benchmark. The fund’s underperformance was pushed by an unfavorable market surroundings and a number of other missteps. For extra info on the fund’s greatest picks in 2025, please test its prime 5 holdings.
In its third-quarter 2025 investor letter, Macquarie Massive Cap Development Fund highlighted shares comparable to Superior Micro Units, Inc. (NASDAQ: AMD). Superior Micro Units, Inc. (NASDAQ:AMD) is a semiconductor firm that operates via Information Heart, Consumer, Gaming, and Embedded segments. The one-month return of Superior Micro Units, Inc. (NASDAQ:AMD) was 37.03%, and its shares gained 39.68% of their worth over the past 52 weeks. On October 14, 2025, Superior Micro Units, Inc. (NASDAQ:AMD) inventory closed at $218.09 per share, with a market capitalization of $353.926 billion.
Macquarie Massive Cap Development Fund acknowledged the next relating to Superior Micro Units, Inc. (NASDAQ:AMD) in its third quarter 2025 investor letter:
“Superior Micro Units, Inc. (NASDAQ:AMD), a US semiconductor firm, was additionally added to the portfolio. The whole addressable marketplace for AI chips is huge and in want of a second provider to enhance NVIDIA. We consider AMD is now positioned to produce a aggressive, and probably superior, chip for inference on a value/efficiency foundation. Moreover, its next-generation chip for AI coaching needs to be a viable choice to complement NVIDIA provide.”
Superior Micro Units, Inc. (NASDAQ:AMD) isn’t on our record of 30 Most Fashionable Shares Amongst Hedge Funds. In keeping with our database, 113 hedge fund portfolios held Superior Micro Units, Inc. (NASDAQ:AMD) on the finish of the second quarter, up from 97 within the earlier quarter. Superior Micro Units, Inc. (NASDAQ:AMD) achieved a document second-quarter income of $7.7 billion, marking a 32% enhance in comparison with the earlier yr, and generated over $1 billion in free money move. Whereas we acknowledge the potential of Superior Micro Units, Inc. (NASDAQ:AMD) as an funding, we consider sure AI shares provide larger upside potential and carry much less draw back threat. Should you’re searching for a particularly undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring pattern, see our free report on the greatest short-term AI inventory.
