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Technology 7 January 2026

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 on Wednesday after a pricing term sheet showed the chipmaker locked in terms for a $4.5 billion, four-part senior notes sale. Coupons run from 4.3% due 2031 to 5.7% due 2056, with spreads of 60 to 88 basis points — 0.60 to 0.88 percentage point — over Treasuries. Broadcom estimated net proceeds of about $4.47 billion and said it plans to use the money for general corporate purposes and debt repayment, with closing set for Jan. 13.
China tells tech firms to pause Nvidia H200 orders — Beijing weighs homegrown AI chips

China tells tech firms to pause Nvidia H200 orders — Beijing weighs homegrown AI chips

Chinese authorities have told some tech firms to stop placing new orders for Nvidia’s H200 artificial-intelligence chips this week, the Information reported, as Beijing weighs whether to let the processors into the country. The move appears aimed at stopping companies from rushing to stockpile U.S. chips before officials settle on rules, and could be followed by a push to buy domestic AI processors instead, the report said. “China is committed to basing its national development on its own strengths,” Liu Pengyu, a spokesperson for the Chinese Embassy in the United States, said. Reuters
Micron stock in focus as $100B New York “megafab” groundbreaking gets a date

Micron stock in focus as $100B New York “megafab” groundbreaking gets a date

Micron Technology said on Wednesday it will break ground on its planned New York megafab on Jan. 16, kicking off what it calls a $100 billion project that would be the largest U.S. semiconductor manufacturing facility, with up to four fabs. Shares were down 0.1% at $342.97 in early Nasdaq trade. “Breaking ground at Micron’s New York megafab is a pivotal moment for Micron and the United States,” Chief Executive Sanjay Mehrotra said. GlobeNewswire
American Airlines stock steadies premarket as free Wi‑Fi plan lands and UBS lifts target

American Airlines stock steadies premarket as free Wi‑Fi plan lands and UBS lifts target

American Airlines Group Inc shares were little changed in premarket trade on Wednesday after the carrier flagged a push to make in-flight internet free for loyalty-program members. The stock was up about 0.1% at $15.68, after closing down 1.01% at $15.67 on Tuesday. It traded between $15.60 and $16.16 in the prior session, with about 84.7 million shares changing hands. StockAnalysis
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Today’s highest-ranked model selections.

#1 STRONG BUY

Xylem

NYSE: XYL 95 / 100
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AerCap

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#3 BUY ON WEAKNESS

Visa

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Chevron

NYSE: CVX 87 / 100
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UPS

NYSE: UPS 84 / 100
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