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NASDAQ:AVGO 17 June 2026 - 7 July 2026

S&P 500 gains narrow after hours as Rivian (NASDAQ:RIVN) drops, Fiserv (NASDAQ:FISV) rises

S&P 500 gains narrow after hours as Rivian (NASDAQ:RIVN) drops, Fiserv (NASDAQ:FISV) rises

U.S. stocks climbed Monday, but futures were more muted after the bell. The S&P 500 closed up 0.72% at 7,537.43, Nasdaq added 1.12% to 26,121.16, and the Dow rose 0.29% to 53,055.91. Shares of Broadcom Inc jumped 3.7% after the company and Apple Inc extended their custom-chip agreement through 2031. Even so, S&P 500 decliners led advancers by 1.3-to-1.
Broadcom shares jump on OpenAI move, margin outlook still in focus for AVGO

Broadcom (NASDAQ:AVGO) climbs after Apple (NASDAQ:AAPL) supply deal eases 2031 revenue risk

Broadcom Inc. traded higher in premarket on Monday after saying it will extend its chip partnership with Apple Inc. through 2031. The new deal makes Broadcom more of a long-term supplier to Apple, aiming at contract length instead of just another AI-chip move. Broadcom will supply a range of custom chips to Apple, which makes up around 20% of Broadcom’s yearly sales, analysts told Reuters.
OpenAI proposal could hand $42.6 billion in AI equity to U.S. government

OpenAI proposal could hand $42.6 billion in AI equity to U.S. government

OpenAI has reportedly offered the U.S. government a 5% stake, which at the company’s latest $852 billion valuation would value the holding at $42.6 billion. That potential piece would be bigger than most recent direct government stakes in U.S. companies and could be key for IPO buyers to watch. OpenAI in March said it closed $122 billion in committed capital.
AI shares June 2026: memory and power plays go different ways

AI shares June 2026: memory and power plays go different ways

U.S. AI stocks closed out June showing a more defined split than earlier in the month. On one side were suppliers with signed AI orders. On the other, big spenders and software names trading at high multiples. NVIDIA, Broadcom, Micron Technology and Vertiv gave investors new operating numbers tied to their AI business. Microsoft, Alphabet, Amazon.com and Meta Platforms remained key to demand, but the market focus moved in June to how the spending gets funded and what kind of payback investors can expect.
NVIDIA Stock Price Slides 3% Despite Amazon Chip Deal as Oil, Rate Fears Hit AI Trade

Nvidia Stock Drops as 362-Kilowatt Rack Puts Investor Risk in Focus

Nvidia shares dropped 3.6% to around $201.10 late Tuesday, pushing the chipmaker’s valuation under $5 trillion. A product detail from Monday is likely more important for investors though. Rolling out Nvidia’s next systems could hinge not just on processor demand but on power and cooling requirements.
Korea Slides 10%, Nasdaq Futures Down 2.7% as Chip Stocks Sink Worldwide

Korea Slides 10%, Nasdaq Futures Down 2.7% as Chip Stocks Sink Worldwide

Semiconductor stocks around the world fell sharply Tuesday, with South Korea’s KOSPI down 9.99%. Chipmakers in Europe dropped too, and Nasdaq 100 futures shed 2.7% ahead of the Wall Street open. “Former generals … appear to have lost momentum,” said Chris Weston, head of research at Pepperstone.
SMH ETF flows point to AI chip trade moving away from Nvidia

SMH ETF flows point to AI chip trade moving away from Nvidia

The VanEck Semiconductor ETF saw nearly $7 billion pour in on Monday, the biggest sign yet of investors looking beyond just Nvidia and into a basket of chip suppliers. That flow is making its mark. Semiconductor stocks climbed on the day, while the big tech names dragged the Nasdaq lower.
Pelosi family positions in AI, Big Tech grab attention after new trades

Pelosi family positions in AI, Big Tech grab attention after new trades

Pelos family filings show they continue to hold major positions in leading U.S. tech and AI infrastructure stocks, despite selling a large amount of Apple, Nvidia and Amazon back in December. The House filings show these holdings are listed as spouse-owned, not owned directly by Nancy Pelosi.
AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Wall Street mixed with Fed in focus, chip stocks bounce

Dow edges higher, Nasdaq and S&P 500 slip; market stays in tight range U.S. stocks closed mixed Wednesday. The Dow Jones Industrial Average added 0.33% to 52,169.53, while the S&P 500 eased 0.07% to 7,506.27 and the Nasdaq Composite dipped 0.15% to 26,337.77, according to LSEG data on Reuters. Market action stayed narrow, with neither a clear selloff nor a full risk-on move.