New York, January 24, 2026, 10:06 (EST) — Market closed.
- Shares of Broadcom ended Friday 1.7% lower, closing at $320.05 after fluctuating between $314.19 and $326.90 during the session
- After Intel’s weak outlook, chip sentiment turned choppy as investors prepared for a Fed decision and a packed earnings week
- A Fidelity settlement involving access to Broadcom’s VMware software has reignited concerns over contract disputes
Shares of Broadcom Inc (AVGO.O) slipped 1.7% to finish at $320.05 on Friday, on volume around 30.3 million. The stock swung between a low of $314.19 and a high of $326.90 during the session.
Why it matters now: Broadcom is at the heart of the AI trade debate—investors are scrutinizing if data center spending is finally translating into profits. Rate expectations continue to sway tech valuations. Yung-Yu Ma, chief investment strategist at PNC Financial Services Group, described the recent market swings as a “short but steep…
