New York, Feb 9, 2026, 16:13 (ET) — Trading after the bell.
- Broadcom shares climbed roughly 3.3% in after-hours action, following a choppy session.
- Big Tech’s AI spending is back in focus, with investors sizing up what that could spell for chip demand.
- Broadcom is scheduled to release its fiscal first-quarter results after the closing bell on March 4.
Broadcom Inc. shares finished the day bouncing between $327.22 and $352.30, then jumped 3.3% in after-hours trading to close at $343.83 on Monday.
Investors shifted money back into AI hardware names, snapping up shares after technology stocks took a hit on doubts about returns from large-scale AI investments. By 2026, Big Tech is projected to pour roughly $650 billion into the AI race—fueling a tug-of-war in the market between hopes for surging demand and worries about squeezed margins.
Debt markets are showing signs of joining the mix. Alphabet is prepping a U.S. bond sale in the ballpark of $15 billion, as its spending ticks up to keep pace with AI-related demand. The offering attracted strong investor interest, Reuters said, citing Bloomberg News.
Stocks were showing more signs of a bounce than a fundamental shift. “On the stocks front, it seems to be the traditional buy-the-dip by retail investors,” said Oliver Pursche, senior vice president and advisor at Wealthspire Advisors, in comments to Reuters. Reuters
Broadcom moved higher, riding the momentum in chip stocks. Nvidia picked up 2.4%, AMD climbed 3.6%, and the iShares Semiconductor ETF gained 1.2% late in the session.
Broadcom grabbed some notice with its latest move into enterprise networking silicon, specifically for AI-ready campus environments. “As enterprises increasingly rely on AI for critical operations and security, the demand for a robust, intelligent, and secure network infrastructure has never been greater,” Mark Gonikberg, senior vice president and general manager of Broadcom’s Wireless and Broadband Communications Division, told TechRadar in coverage of Broadcom’s new Wi‑Fi 8 chipsets. TechRadar
Exactly how much the AI surge will translate into lasting demand for bespoke chips and networking hardware is still a moving target for analysts. Wedbush’s Dan Ives, cited by Benzinga via Finviz, is projecting that capital outlays from Big Tech will hit somewhere between $550 billion and $600 billion in 2026. That’s a jump from roughly $380 billion the year before.
But the trade isn’t without its bruises. Back in December, Broadcom cautioned that as AI starts to make up a larger share, gross margin would likely slip. Over at Summit Insights, an analyst flagged future margin pressure and customer concentration as main sticking points after the latest results.
Broadcom’s next big moment is just ahead, with fiscal first-quarter earnings and guidance set for release after the bell Wednesday, March 4, according to a PR Newswire statement. The company’s conference call kicks off at 5:00 p.m. ET.
For now, chip stocks remain sensitive to macro numbers—traders have their eyes on Wednesday’s U.S. jobs report, and then the consumer price index due Friday. Kiplinger flagged Wells Fargo economists, who want “a cleaner read on inflation,” but also noted that earnings reports dropping alongside key data could keep the action choppy. kiplinger.com
