NEW YORK, Feb 24, 2026, 16:26 EST — After-hours
- AVGO slipped 0.7% after hours, with traders bracing for results coming March 4
- UBS stuck with its Buy rating and maintained that $475 price target, citing renewal risk tied to VMware contracts.
- Margins and the appetite for AI chips are in focus for investors, with tech stocks rallying across the board.
Shares of Broadcom Inc (AVGO.O) slipped 0.7% to $325.49 after the bell on Tuesday.
Broadcom is set to release its first-quarter fiscal 2026 numbers after markets close March 4, followed by a 5 p.m. ET conference call. Wall Street will be tracking demand trends for the company’s data-center chips and paying close attention to how software growth linked to VMware is shaping up. (Investing News Network (INN))
Wall Street shook off a sharp selloff driven by AI jitters, bouncing back as tech shares powered the recovery. “Today we’re seeing a little bit of a buy on the dip,” said Matthew Keator,…