NEW YORK, Jan 4, 2026, 16:44 ET — Market closed
- Broadcom ended Friday up 0.44% as chip stocks opened 2026 on a firm note.
- Investors are balancing AI-driven demand with margin pressure flagged last quarter.
- Next checkpoints include U.S. data this week and Broadcom’s March earnings report.
Broadcom Inc (AVGO.O) shares rose 0.44% on Friday to close at $347.62, giving the chip-and-software maker a modest lift after markets reopened for the first session of 2026. Broadcom’s shares have traded between a 52-week low of $138.10 and a high of $414.61. Broadcom Investors
The move matters because Broadcom sits in two parts of the tech cycle that investors are repricing: custom AI chips and enterprise infrastructure software. Its custom processors — often called ASICs, or application-specific integrated circuits — are designed for one workload and are used by big cloud customers building their own AI systems.
It also matters because early January trading…
