Broadcom stock slides after report China told firms to drop VMware, other foreign cyber tools
New York, January 14, 2026, 10:37 EST — Regular session. Broadcom shares dropped 4.1% to $340.03 in early trading Wednesday following a Reuters report that Chinese regulators instructed local firms to halt use of cybersecurity software from about a dozen U.S. and Israeli companies, including VMware, which is owned by Broadcom. (Reuters) This shift is significant as Broadcom has increasingly focused on software since acquiring VMware, tying the stock more closely to geopolitical tensions whenever China crops up in the news. The report comes amid fresh U.S.-China tech clashes affecting everything from semiconductors to enterprise software. (Reuters) Risk appetite is