Broadcom stock jumps early as AI chip trade steadies to start 2026
NEW YORK, Jan 2, 2026, 09:40 ET — Regular session Broadcom Inc shares rose 2.8% to $355.71 in early trading on Friday, with the stock ranging from $351.80 to $356.97. The S&P 500 and Dow were each up about 0.3% as Wall Street began the first regular session of 2026. Google The move matters because Broadcom has become a bellwether for investor appetite for the AI infrastructure buildout, supplying networking chips and custom AI processors for large data-center customers. It also owns VMware, a major enterprise software platform that ties its fortunes to corporate IT spending. The first session of