Broadcom stock (AVGO) on pause for Presidents Day: what could move the price next
Broadcom shares fell 1.81% to $325.17 Friday, underperforming the Philadelphia Semiconductor Index’s 0.66% gain. U.S. markets are closed Monday for Presidents Day and reopen Tuesday. Broadcom reports fiscal Q1 results March 4, with investors watching for updates on AI chip demand and margins. Nvidia reports Feb. 25, potentially influencing sentiment ahead of Broadcom’s release.