Platinum Asset Management released its Q3 2025 investor letter for the Platinum International Technology Fund, showing a 6% increase in the third quarter due to strong performance from AI-oriented holdings. The fund holds around 30% of its stake in AI infrastructure stocks and is positioned to benefit from significant investment in the AI build-out.

In its investor letter, Platinum International Technology Fund highlighted Intuitive Surgical, Inc. (NASDAQ:ISRG), a company that manufactures products for minimally invasive care. ISRG’s one-month return was -1.78% and shares gained 5.34% over the last 52 weeks. On December 16, 2025, ISRG stock closed at $554.58 per share with a market capitalization of $198.804 billion.

Platinum International Technology Fund increased its position in Intuitive Surgical, Inc. (NASDAQ:ISRG) from 1.5% to 3%. The stock experienced a decline due to a small systems placement miss and competition from lower-priced recycled Da Vinci surgical instruments. However, the fund believes in ISRG’s quality, safety, and reliability, and is optimistic about its future.

Intuitive Surgical, Inc. (NASDAQ:ISRG) is not among the 30 Most Popular Stocks Among Hedge Funds. While 99 hedge fund portfolios held ISRG at the end of the third quarter, down from 107 in the previous quarter, some AI stocks are seen as offering greater upside potential with less downside risk. For those seeking an undervalued AI stock benefiting from current trends, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: Here’s Why Platinum International Technology Fund Increased Its Stake in Intuitive Surgical (ISRG)