New York, January 21, 2026, 09:34 EST — Regular session
- Broadcom shares up about 0.3% early Wednesday after a 5.4% slide in the prior session
- Markets remain jittery after Trump’s Greenland-linked tariff threat rattled Wall Street
- Traders are watching Trump’s Davos remarks and a packed U.S. data-and-earnings calendar
Broadcom Inc (AVGO) shares rose about 0.3% to $333.55 in early Wednesday trade, trying to steady after a rough prior session. The stock has traded between $333.32 and $335.70 so far on the day.
The move comes after Wall Street’s sharpest daily drop in about three months, when President Donald Trump revived tariff threats toward Europe tied to his push for U.S. control of Greenland. He said additional 10% import tariffs could start on Feb. 1 and rise to 25% from June 1 unless a deal is reached, according to a post on Truth Social. The S&P 500 fell 2.06% and the Nasdaq dropped 2.39%, and Jamie Cox of Harris Financial Group said he wasn’t ready to call it the start of a market correction.
Traders now look to Trump’s keynote at the World Economic Forum in Davos later Wednesday, and the CBOE Volatility Index — the market’s “fear gauge” — was around 20.8. “The market is nervous about what Trump may say,” said Gina Martin Adams, chief market strategist at HB Wealth. U.S. GDP, PMI business surveys and the Personal Consumption Expenditures (PCE) price index — the Fed’s preferred inflation gauge — are due later this week, along with earnings from Intel and Procter & Gamble. Reuters
On Tuesday, Broadcom opened at $344.10 and fell as low as $331.80 before ending at $332.60, with about 32.2 million shares traded, according to Yahoo Finance historical data.
Broadcom sells semiconductors used in networking and data centers and also owns VMware, which ties it to both cloud spending and corporate software budgets.
That mix can make the stock a proxy for risk appetite. When money pulls back from big tech, AVGO tends to get dragged with it, even when there is no fresh company headline.
The problem is speed. Trade policy can change the mood in a hurry, and semiconductors sit at the center of long supply chains and global demand.
But the risk cuts both ways. If tariff threats harden into policy, chip and hardware names can stay pinned as customers and suppliers rethink costs; if the tone softens, a relief bounce can come just as fast.
For now, AVGO traders are watching whether the stock can hold above Tuesday’s lows, and whether broader tech stabilizes after the shock.
Next catalyst is Trump’s Davos appearance later on Jan. 21 — a few minutes of remarks that could reset risk appetite, one way or the other.
