Report says “ChatGPT” sold all Broadcom shares and shifted funds to Chewy

A market post circulating on finance news outlets says ChatGPT recently sold all of its Broadcom Inc. holdings and reallocated the money into Chewy, Inc., citing an AI finance project run by University of Florida finance students and researchers known as AI Finance Labs. The claim, reported by Yahoo Finance, frames the move as part of an AI-driven trading exercise rather than a decision by a human manager or Broadcom itself.

Broadcom trades on the Nasdaq under the ticker AVGO. Chewy trades on the New York Stock Exchange under the ticker CHWY. According to the Yahoo-republished account, the AI portfolio made a clean switch, exiting Broadcom completely and initiating or increasing exposure to Chewy.

The Yahoo Finance item does not disclose the number of Broadcom shares sold, the average sale price, or whether the sale was executed in multiple orders. It also does not specify whether the Chewy purchase was made all at once or over several transactions, nor does it provide the purchase price or the resulting position size.

AI Finance Labs’ framing matters because it positions the activity as an automated or semi-automated portfolio approach, not as corporate action. In other words, the claim points to an experiment or strategy tracked by the project, rather than to changes in Broadcom’s capital allocation, guidance, or business plans.

Broadcom is a large enterprise-technology and semiconductor company whose business spans custom silicon and infrastructure components as well as software. Chewy, by contrast, is an e-commerce-focused retailer serving pet owners, with revenue tied to online orders for food, supplies, and related products.

At the same time, the reported pivot can be read as a reminder that AI-associated trading narratives are often driven by model outputs and portfolio rules. When such claims gain traction, they can influence how retail investors talk about AI as a market participant, even when the trades are small, experimental, or not tied to institutional flows.

What remains unclear in the published post is the rationale behind the switch. The Yahoo-republished write-up, as summarized in the available material, does not include the specific factors that led to the sell decision for Broadcom or the buy decision for Chewy, such as valuation, momentum, fundamentals, or risk constraints.

For investors and observers, the practical question is whether the reported activity is part of a continuing strategy with disclosed methodology, or a one-off reallocation. The next item to watch would be whether AI Finance Labs publishes ongoing portfolio updates with position sizes, transaction dates, and the rules governing buys and sells.

Until those details are provided, the claim should be treated as an account of an AI portfolio exercise rather than evidence of a substantive change in Broadcom or Chewy operations.