Why Broadcom stock slid today: $4.5 billion bond sale, AI nerves and jobs data ahead
NEW YORK, Jan 8, 2026, 6:08 PM EST — After-hours Broadcom Inc (AVGO.O) shares were down 3.2% at $332.48 in after-hours trading on Thursday, extending a late-day slide in chip stocks. Nvidia (NVDA.O) fell about 2.1% and Advanced Micro Devices (AMD.O) dropped 2.5%. The move matters because Broadcom sits near the center of the market’s AI trade — custom chips, networking gear and software that runs data centers. “AI is still hot, but it has become a ‘show me’ sector,” Art Hogan, chief market strategist at B. Riley Wealth, said, pointing to investor pressure for returns on capex, or capital