By BigGo Finance
Publication Date: 2026-09-23 18:25:00
Broadcom Inc. (AVGO) shares slipped in premarket trading Wednesday after a report said Chinese regulators are surveying the chipmaker’s networking hardware across state-controlled data centers, a review that could loosen its grip on one of the world’s largest technology markets.
The stock fell 0.3% before the opening bell, interrupting a five-session winning streak that had lifted shares roughly 8% and pushed them into positive territory for 2026. The move followed a Financial Times report that China’s State-owned Assets Supervision and Administration Commission, known as Sasac, has in recent weeks been tallying the number of Broadcom switches deployed in data centers run by state-owned enterprises.
The survey is part of Beijing’s broader “domestic chips for domestic use” campaign aimed at expanding the role of Chinese semiconductors and AI infrastructure across the public sector. Early findings indicate Broadcom switches could account for as much as 90% of the networking hardware…
