Broadcom stock rebounds as 2026 opens, with Benchmark bulls clashing with Trefis bear case
NEW YORK, Jan 2, 2026, 10:53 ET Broadcom shares rose about 3% on Friday, tracking a broader rebound in technology stocks as U.S. markets made a firmer start to 2026. Reuters The chip-and-software maker has become a bellwether for the custom artificial-intelligence chip trade, as investors try to gauge whether surging AI orders can translate into durable profits. Broadcom has said it has a $73 billion AI backlog to ship over the next 18 months and expects AI semiconductor revenue to double to $8.2 billion in its fiscal first quarter, while warning gross margin will slip about 100 basis points,