New York, Jan 12, 2026, 09:36 EST — Regular session
- Broadcom shares jumped roughly 4% in early trading, buoyed by gains across the semiconductor sector.
- Tuesday’s U.S. inflation figures might shake up rate expectations that have been pushing tech valuations higher.
- After last week’s dip, Cathie Wood’s ARK revealed a new stake in Broadcom.
Shares of Broadcom Inc surged 3.7% to $344.97 during early trading in New York on Monday, pushing further gains for the chipmaker.
The shift happens as investors brace for Tuesday’s U.S. consumer price index report for December, set for 8:30 a.m. ET. That data has the power to rattle Treasury yields and ripple through high-growth tech stocks.
Markets are grappling with new doubts over the Fed’s independence after Chair Jerome Powell revealed the Justice Department issued subpoenas warning of a possible criminal indictment linked to his earlier Senate testimony. At the same time, major banks are dialing back expectations for Fed rate cuts, Reuters reported.
Semiconductor ETFs gained ground, with the iShares Semiconductor ETF and VanEck Semiconductor ETF each rising roughly 3%. The S&P 500-linked SPY and the Nasdaq-focused QQQ also moved higher in early trading.
Big chip names showed mixed moves. Nvidia barely budged, while AMD slipped roughly 0.7%.
Broadcom grabbed attention when ARK Invest’s ARK Next Generation Internet ETF revealed a fresh stake, picking up 31,573 shares worth roughly $10.5 million, according to Barron’s. (ARK runs exchange-traded funds, which trade like stocks but contain baskets of assets.)
Traders are keeping an eye on Taiwan Semiconductor Manufacturing Co this week. The leading advanced chip foundry reports earnings Thursday and is expected to provide updated guidance. “The main driver is the explosive growth of the AI server accelerator manufacturing market,” IDC’s Galen Zeng told Reuters. Reuters
Broadcom faces a familiar landscape: steady demand for networking and custom data center chips, alongside its growing software segment following the VMware acquisition. The company recently informed investors it plans to raise its quarterly dividend by 10%, to $0.65 per share in fiscal 2026.
Still, the situation works both ways. A hotter-than-expected CPI reading, a surge in yields, or cautious comments on chip demand could quickly dampen risk appetite. Chip stocks have shown they can swing sharply when rate outlooks change.
Coming up, Tuesday’s CPI drops at 8:30 a.m. ET. Then Thursday brings TSMC’s results and outlook, a key gauge for AI-driven chip demand.
