AVGO
NASDAQ · Semiconductors
Broadcom Inc.
$392.13
-19.22 (-4.67%)
AVGO News30 articles
Marvell's S&P 500 Debut Ends Lower Despite AI-Driven Rally
Marvell Technology shares dropped 0.9% in their S&P 500 debut, closing at $307.86, despite a 262% YTD rally driven by AI infrastructure demand. Analysts' price targets remain below the current level.
Chip ETF Inflows Surge as AI Trade Broadens Beyond Nvidia
The VanEck Semiconductor ETF (SMH) attracted $6.93 billion in net inflows on Monday, marking a shift in the AI chip trade as investors moved from leveraged Nvidia bets to broader semiconductor exposure.
Broadcom's Google AI Deal Gains JPMorgan Backing Amid Stock Dip
Broadcom shares slid to $396.72 as JPMorgan defended its Google AI chip contract, but concerns over customer concentration and a broader AI stock reset persist.
Pelosi Family Maintains Large AI and Tech Holdings Despite Recent Sales
House filings show Pelosi family retains major positions in top tech stocks despite recent large sales, as semiconductor gains boost Nasdaq.
Nvidia Rises Ahead of Holiday; Micron Earnings Test AI Rally
Nvidia closed 2.95% higher at $210.69 before the holiday, as chip stocks lifted the Nasdaq. Focus now shifts to Micron's earnings and Nvidia's annual meeting for AI demand cues.
Broadcom Stock Rebounds Amid AI Chip Debate, Debt Buyback
Broadcom shares rebounded 4.7% to $411.35, recovering from a post-earnings selloff, as the market digests AI chip growth, missed revenue estimates, and a $3 billion debt buyback.
Marvell Technology Set to Join S&P 500 After Strong Rally and KeyBanc Upgrade
Marvell Technology (MRVL) jumps 7.27% to $310.58 ahead of its S&P 500 entry on June 22, boosted by a KeyBanc upgrade to $385 and news of over five million photonic ICs shipped for AI data centers.
Teradyne to Join Nasdaq-100 After AI-Driven Weekly Surge
Teradyne surged 7.19% to $437.92 ahead of its Nasdaq-100 inclusion, capping an 8.6% weekly gain driven by AI-linked test demand and index fund buying.
Astera Labs Surges Ahead of Nasdaq-100 Debut, Valuation Raises Questions
Astera Labs shares surged to a record $417.07 ahead of its Nasdaq-100 inclusion, but the stock trades far above the average analyst target of $244.97.
Marvell Technology Surges on AI Networking Demand and S&P 500 Inclusion
Marvell Technology shares jumped 7.27% to $310.58 following a KeyBanc price target increase and a Tower Semiconductor photonics milestone, with the upcoming S&P 500 inclusion driving investor interest.
Cisco Bounces Back on AI Infrastructure Optimism Ahead of Juneteenth Holiday
Cisco shares climbed 1.88% to $119.54, snapping a four-day losing streak, driven by AI infrastructure optimism ahead of the Juneteenth market holiday.
Micron Stock Surges as Analysts Boost Price Targets on AI Memory Demand
Micron shares jumped 3.3% to $1,054.62, lifting market cap near $1.20 trillion, as analysts hiked targets to $1,500 on strong AI memory demand ahead of June 24 earnings.
Dow Clings to Record Highs as Fed Decision Looms
The Dow Jones Industrial Average gained 169.86 points to 52,169.53, staying near record highs, while the broader market showed mixed results ahead of the Federal Reserve's policy announcement.
Wall Street Mixed as Market Awaits Fed Decision Under New Chair Warsh
U.S. stocks closed mixed Wednesday as the market awaited the Federal Reserve's rate decision under new Chair Kevin Warsh. Chip stocks rebounded, but stronger-than-expected retail sales raised inflation concerns.
G7 Leaders Debate AI Model Access Amid OpenAI's $1T IPO Plan and Rising China Competition
G7 leaders debate AI model access as OpenAI files for a $1T IPO. Anthropic restricts models, China boosts local AI, and cybersecurity deals surge.
US Chip Policy Tightens as SandboxAQ Gets $500M, Intel 18A-P Enters Risk Production
US chip policy tightens with a $500M SandboxAQ award and Intel's 18A-P risk production, while AI startups challenge Nvidia and export controls on China lag.
Marvell Technology Shares Rebound Ahead of S&P 500 Inclusion Amid AI Chip Demand
Marvell Technology shares rose 2.6% premarket ahead of its S&P 500 debut on June 22, recovering from a 9.8% drop. The chipmaker's AI-driven revenue growth and insider sales are key factors.
Nvidia's $25B Bond Sale Triggers Stock Dip Amid AI Spending Concerns
Nvidia shares dropped 2.37% to $207.41 after the company upsized its first bond sale in five years to $25 billion, amid $85 billion in demand, shifting focus from AI growth to funding needs.
Dow Hits New Record as Tech Selloff Weighs on S&P 500 and Nasdaq
Dow Jones Industrial Average reached a second straight record close at 51,999.67, while S&P 500 and Nasdaq declined as tech stocks slumped, led by a 5.7% drop in the Philadelphia semiconductor index.
Tech Rally Powers QQQ Surge as US-Iran Deal Eases Oil, Inflation Worries
QQQ gained 3.1% as US-Iran deal lowered oil prices, easing inflation and rate-hike fears. Micron and Nvidia led a tech rally, with TQQQ surging 9.2%.
AI Stocks Face Fed Scrutiny as Oracle's Capex Plan Rattles Investors
Oracle's 12% plunge on $70B AI capex and $23.7B cash flow deficit underscores investor anxiety as Fed decision looms, pressuring high-valuation AI stocks like Nvidia, AMD, and Broadcom.
Citi Upgrade and SK Hynix Nasdaq Plans Lift AI Chip Sector
AMD jumped 4.7% after a Citi upgrade, while SK Hynix's potential Nasdaq listing spotlighted AI memory. Nvidia was flat, and Broadcom fell despite record AI revenue.
SpaceX IPO and Fed Meeting Weigh on Big Tech Stocks
Hedge funds sold major tech stocks ahead of SpaceX's IPO, pushing the Magnificent Seven ETF down 2.4%. The Fed's upcoming meeting and rate outlook are also in focus.
Wall Street Surges: Dow Jumps 930 Points on Tech Rebound and Geopolitical Easing
U.S. stocks posted their strongest session in months on Thursday, with the Dow soaring 930 points, driven by a tech rebound and easing geopolitical risks. Chip stocks led gains, while Adobe dropped after CFO departure.
AI Infrastructure Boom: Top Stocks to Watch in 2026
AI infrastructure is a hot new market focus, with Nvidia, Broadcom, Applied Materials, Intel, and Oracle leading the way. Each stock offers unique opportunities and risks.
Oracle's $95 Billion Capex Plan Sparks AI Funding Anxiety, Semis Slide
Oracle's $95 billion capex plan and $40 billion financing spooked investors, sending the PHLX Semiconductor Index down 3.57% as AI optimism gave way to funding anxiety.
Micron Drops Again as AI Memory Rally Faces Headwinds
Micron shares fell 4.7% amid a broad selloff in AI chip stocks, even as the company named Bechtel for its New York memory-fab project. The market now looks to the June 24 earnings report for validation.
Marvell Stock Bounces as S&P 500 Entry Nears, AI Rally Faces Valuation Test
Marvell shares rebounded 3.16% premarket after a 5.35% drop, as investors weigh the upcoming S&P 500 inclusion against valuation concerns following a 261% yearlong AI-driven rally.
Nvidia's 3.7% Drop Sparks AI Sector Rout Amid Rate and China Fears
Nvidia's 3.7% decline to $200.42 triggered a wider AI and semiconductor selloff, as markets fret over higher rates, inflation, and China curbs despite record sales.
Tech Selloff Deepens: AI Spending, Inflation, Geopolitics Unnerve Markets
The S&P 500 tech sector entered correction territory as AI-linked stocks like Oracle and Super Micro Computer tumbled on spending and capital raising, with inflation and geopolitical tensions adding to market jitters.