Today: 23 May 2026
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NASDAQ:AVGO 4 January 2026 - 10 January 2026

Broadcom stock jumps after Mizuho lifts target; CPI week sets up next test for AVGO

Broadcom stock jumps after Mizuho lifts target; CPI week sets up next test for AVGO

Broadcom shares jumped 3.7% to $344.97 Friday, lifting the PHLX Semiconductor Index to a record. Mizuho raised its price target on Broadcom to $480, citing “attractive valuations.” Cathie Wood’s ARK Invest bought 31,573 shares, while Broadcom’s legal chief sold 30,000 shares. The stock remains 17% below its 52-week high after a December warning on profit margins.
Dow and S&P 500 hit fresh record closes as chip rally shrugs off tariff noise

Dow and S&P 500 hit fresh record closes as chip rally shrugs off tariff noise

U.S. stocks closed at record highs Friday, with the S&P 500 finishing up 0.65% and the Dow up 0.48%, led by gains in chipmakers. The PHLX semiconductor index jumped 2.7% to a record after Meta agreed to buy power from Vistra’s nuclear plants. Investors trimmed bets on near-term Fed rate cuts after December payrolls rose by 50,000 and unemployment dipped to 4.4%. Markets watched for a Supreme Court ruling on tariffs.
S&P 500 hits record, chip stocks jump — jobs report and Trump tariff case set up next market move

S&P 500 hits record, chip stocks jump — jobs report and Trump tariff case set up next market move

The S&P 500 closed at a record 6,966.28 on Friday, led by chip stocks after a weaker-than-expected U.S. jobs report. Nonfarm payrolls rose by 50,000 in December, missing forecasts, while the unemployment rate dipped to 4.4%. The dollar index gained 0.26% and the two-year Treasury yield rose to 3.538%. Housing stocks jumped after Trump ordered $200 billion in mortgage bond purchases.
AMD stock dips after hours as focus shifts from CES to the next catalysts

AMD stock dips after hours as focus shifts from CES to the next catalysts

AMD shares fell 0.7% to $203.17 in after-hours trading Friday, despite the PHLX semiconductor index hitting a record as the S&P 500 closed at an all-time high. The stock moved between $202.88 and $207.27 during the session, with about 24.1 million shares traded. Investors are awaiting AMD’s upcoming results and U.S. inflation data due January 13.
Texas Instruments stock ticks up as chipmakers rally — what could move TXN next

Texas Instruments stock ticks up as chipmakers rally — what could move TXN next

Texas Instruments shares rose 1% to $190.24 Friday as chipmakers rallied, with the Philadelphia Semiconductor Index up 2.6% and the S&P 500 hitting a record. U.S. nonfarm payrolls increased by 50,000 in December, while unemployment dipped to 4.4%. Taiwan Semiconductor reported a 20% jump in Q4 revenue, beating forecasts. Texas Instruments will report Q4 earnings on Jan. 27.
Broadcom stock drops in late trade as AI nerves bite; $4.5 billion bond sale, Wi‑Fi 8 CES push in view

Broadcom stock drops in late trade as AI nerves bite; $4.5 billion bond sale, Wi‑Fi 8 CES push in view

Broadcom shares fell 3.2% to $332.48 in after-hours trading Thursday, tracking a broader tech decline. The company priced $4.5 billion in senior notes for debt repayment and general purposes. Broadcom also unveiled a Wi‑Fi 8 platform at CES, with consumer products expected by late 2026. Investors are watching Friday’s U.S. payrolls report and demand for AI-related chips.
Broadcom stock (AVGO) slides as Nvidia’s China chip payment demand ripples through AI semiconductors

Broadcom stock (AVGO) slides as Nvidia’s China chip payment demand ripples through AI semiconductors

Broadcom shares fell 3.1% to $332.85 in morning trading Thursday, underperforming chip stocks after a Reuters report said Nvidia is demanding full upfront payment for H200 chips in China. Nvidia dropped 1.5%, AMD 1.7%, and Intel 2.9%. Investors are cautious ahead of Friday’s U.S. nonfarm payrolls report.
Broadcom stock price forecast: AVGO tests $350 after $4.5B bond pricing and Wi‑Fi 8 launch

Broadcom stock price forecast: AVGO tests $350 after $4.5B bond pricing and Wi‑Fi 8 launch

Broadcom shares rose 0.9% to $346.8 after the company priced a $4.5 billion, four-part senior notes sale for debt repayment, with closing set for Jan. 13. The chipmaker also launched new Wi‑Fi 8 chips targeting AI tasks in home networks. Traders are watching support in the mid-$340s and a possible $350 retest ahead of the next earnings update.
Broadcom stock today: AVGO in focus after bond pricing details land and Wi‑Fi 8 chips debut

Broadcom stock today: AVGO in focus after bond pricing details land and Wi‑Fi 8 chips debut

Broadcom shares rose 0.1% to $343.77 after it filed details of a $4.5 billion senior notes offering, with settlement expected January 13. At CES, Broadcom launched a Wi‑Fi 8 platform built on its BCM4918 chip, though the standard is not due for finalization until 2028. Investors remain focused on how Broadcom’s AI-related sales mix will affect margins ahead of fiscal Q1 results on February 1.
Semiconductor stocks today: Nvidia holds up premarket as SanDisk, Micron cool after CES spike

Semiconductor stocks today: Nvidia holds up premarket as SanDisk, Micron cool after CES spike

Nvidia rose 0.3% in premarket trading Wednesday, while SanDisk and Micron slipped after Tuesday’s surge. The PHLX semiconductor index hit a record high, up 2.75% on the day. Nasdaq 100 futures fell 0.22% ahead of key labor data. Samsung is expected to report a 160% jump in Q4 operating profit Thursday.
Broadcom stock drops as chip ETFs rise; traders parse CES AI cues and Friday jobs report

Broadcom stock drops as chip ETFs rise; traders parse CES AI cues and Friday jobs report

Broadcom shares fell 2% to $340.71 Monday, underperforming chip ETFs that closed higher. The stock swung from an early high near $355 to a low around $336. Investors watched CES headlines and weak U.S. factory data for signals on AI demand and rates. Broadcom’s next earnings are due in early March; the U.S. jobs report arrives Friday.
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Stock Market Today

  • Berkshire Hathaway (BRK.B) Valuation Examined Amid Undervaluation Claims
    May 22, 2026, 10:01 PM EDT. Berkshire Hathaway (BRK.B) closed at US$486.38 after a 4.5% gain in the past month, despite a 2.4% decline over three months. The stock trades about 36.5% below an intrinsic value estimate of US$669,764.35, fueling a narrative that it is significantly undervalued. This estimate factors in optimistic revenue growth, strong profit margins, and elevated price-to-earnings (P/E) multiples typical of faster-growing sectors. However, analysts caution that these assumptions risk being overly bullish, as any earnings setbacks or shifts in market sentiment could diminish the stock's premium valuation outlook. Berkshire's longer-term shareholder returns - 51.7% over three years and 68.0% over five years - underline sustained momentum, but investors are advised to critically assess this mix of optimism amid potential risks.

Latest articles

Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

23 May 2026
The Dow closed at a record 50,579.70 on Friday, while the S&P 500 notched its eighth straight weekly gain. After-hours trading saw SPY, QQQ, DIA, and IWM all move lower. U.S. markets will be closed Monday for Memorial Day. Investors await Thursday’s inflation data.
IREN Stock Pauses as Nvidia Rally Cools Before Holiday

IREN Stock Pauses as Nvidia Rally Cools Before Holiday

23 May 2026
IREN shares fell 2.1% to $56.83 Friday, ending a two-day rally but closing the week up 7.4%. The stock’s moves follow a $3.4 billion AI cloud deal with Nvidia and a $3 billion convertible note offering. March-quarter revenue dropped to $144.8 million, with a net loss of $247.8 million. U.S. markets close Monday for Memorial Day; trading resumes Tuesday.
AXT stock reaches record; investors weigh risk to rally

AXT stock reaches record; investors weigh risk to rally

23 May 2026
AXT shares jumped 16.37% to $140.83 on Friday, hitting a 52-week high and trading above all recent analyst targets. The surge followed strong demand for AI-linked optical networking hardware and a sharp rise in indium phosphide orders. First-quarter revenue climbed to $26.9 million, with gross margin turning positive. Management forecast Q2 profitability and a backlog over $100 million.
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