Broadcom stock (AVGO) slips after hours as VMware federal deal lands in a choppy tape

Broadcom stock (AVGO) slips after hours as VMware federal deal lands in a choppy tape

By Khadija Saeed
Publication Date: 2026-01-22 22:10:00

New York, January 22, 2026, 16:46 (ET) — After-hours

  • After-hours, Broadcom shares slipped roughly 1%, lagging behind the broader U.S. market gains
  • The U.S. GSA rolled out a OneGov buying agreement, slashing prices on select VMware products by as much as 64%
  • Oracle announced plans to transition the Oracle Cloud VMware Solution to a BYOL model beginning in March

Broadcom Inc. shares slipped roughly 1% in after-hours trading Thursday, erasing earlier gains and ending a choppy session lower. The stock last traded down $3.43, or 1%, at $325.49, after fluctuating between $336.93 and $324.84.

This shift is crucial as Broadcom finds itself caught between two major bets: the surge in AI data-center expansions boosting chip sales, and VMware’s steady software revenue stream. Investors are scrambling to figure out which force will dominate this quarter.

The U.S. General Services Administration announced a new OneGov agreement with Broadcom, offering discounts…