AVGO Broadcom
What matters nowUpdated 8 h ago
- The latest development is a Wall Street Journal report on October 7 that Broadcom is working to arrange more than $50 billion of financing tied to custom AI chips it is building with OpenAI, with Apollo and Blackstone among the lenders approached; the talks are early, the size could change, and neither company has commented 1. Broadcom also said on October 8 that it will show its Tomahawk 6, Jericho 4 and co-packaged optics products at the OCP Global Summit in San Jose from October 12 to 15 2.
- AVGO fell 3.9% to $362.48 on October 8 in a semiconductor and AI-infrastructure selloff in which Intel fell 5.8% and Oracle 5.4%, with no Broadcom-specific cause confirmed, and on October 12 the shares reversed from a $380 resistance zone toward $350 on reported Microsoft Maia 300 and Chinese DRAM news that is not confirmed company news 3. The pooled 24/7 venue price is $350.42, down 0.95% from the previous close of $353.79.
- In fiscal Q3 2026 (ended August 2) revenue was $29.6 billion, up 86% year over year, with AI semiconductor revenue of $16.7 billion, up 221%, and management guided fiscal Q4 AI revenue to $21.7 billion; gross margin was 68.8% and operating margin 48.0%, and the stock trades at 44.7 times trailing earnings, 18.8 times sales and 39.3 times EV/EBITDA with a 2.36% free cash flow yield. Insiders sold 1.44 million shares worth about $533.7 million across nine sales over the last 180 days, two of them planned, against one 1,000-share buy worth about $0.37 million.
- A Financial Times report on September 23 said China's State-owned Assets Supervision and Administration Commission has been surveying how much Broadcom networking gear sits in state-controlled data centers, with preliminary results suggesting Broadcom switches could make up nearly 90% of that equipment and possible informal guidance to scale back; the report is not a formal ban and Broadcom did not comment 4.
- Next is fiscal Q4 2026 earnings, estimated for December 10, 2026 but not yet confirmed, with the September CPI release on October 14 at 12:30 UTC and PPI and retail sales on October 15, and Polymarket gives Broadcom a 0.1% chance of being the world's largest company by market cap on October 31, 2026.
Investinglive (citing The Wall Street Journal) · Oct 7
Broadcom press release (via Finviz) · Oct 8
FX Leaders · Oct 12
The Standard (citing Financial Times) · Sep 23
Valuation & fundamentalsFull financials →
TTM through 2026-08-02 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →
Every venue
| Venue | Price | vs pool | 24h vol | Open int. | Funding 8h |
|---|---|---|---|---|---|
| binance perp AVGOUSDT · just now | 359.03 | 0.00% | $35.8M | $27.3M | 0.0000% |
| bitget perp AVGOUSDT · just now | 358.87 | −0.04% | $6.6M | $5.4M | 0.0029% |
| hyperliquid perp xyz:AVGO · just now | 358.67 | −0.10% | $5.5M | $13.0M | 0.0050% |
| okx perp AVGO-USDT-SWAP · just now | 359.03 | 0.00% | $5.0M | $6.2M | 0.0000% |
| bybit perp AVGOUSDT · just now | 358.88 | −0.04% | $2.2M | $4.8M | 0.0000% |
| aster perp AVGOUSDT · just now | 356.74 | −0.64% | $97.2K | $482.0K | 0.0000% |
| hyperliquid perp para:AVGO · just now | 357.77 | −0.35% | $29.2K | $508.7K | -0.1208% |
Pooled price = volume-weighted median of venues within 2% of each other. Venue markets for stocks, indices and gold are 24/7 perpetual contracts; they track but are not the official exchange price.
Open interest, 120 days
US$ millions, all venues
Funding, 120 days
Annualised %, OI-weighted. Positive: longs pay shorts.
NewsAll news →
Broadcom shares slip from $380 toward $350 on Microsoft chip and China reports
Broadcom shares reversed from a $380 resistance zone and moved toward $350 on October 12, 2026, trading around $357 at the time of the FX Leaders report.
Broadcom to show Tomahawk 6, Jericho 4 and co-packaged optics at OCP Global Summit
Broadcom said on October 8, 2026 that it will show its AI networking portfolio at the OCP Global Summit, running October 12 to 15, 2026, in San Jose.
WSJ reports Broadcom is arranging over $50 billion of financing for OpenAI custom chips
The Wall Street Journal reported on October 7, 2026 that Broadcom is working to arrange more than $50 billion of financing tied to custom AI chips it is building with OpenAI, under OpenAI's Nexus program.
Marvell stock rises about 6% on investor day targets, outpacing Broadcom
Marvell shares rose about 6% on Tuesday, October 6, the day of its Investor Day, while rival Broadcom rose about 4%.
China's SASAC reportedly reviews Broadcom switch use in state-backed data centers
The Financial Times reported on September 23, 2026 that China's State-owned Assets Supervision and Administration Commission has been surveying how much Broadcom networking gear is installed in state-controlled data centers.
Chip stocks sink as AI slowdown calls hit Broadcom and Nvidia; semis gauge down 5.9%
On September 14, 2026 a rout in large chip stocks, including Nvidia and Broadcom, pushed a semiconductor gauge down 5.9%.
Citi keeps Broadcom at Buy, lifts target to $515 and FY2027 AI view to $115B
Citi reaffirmed its Buy rating on Broadcom and raised its price target to $515 from $500 after the fiscal Q3 report.
Broadcom Q3 FY2026 revenue $29.6B; Q4 revenue outlook about $34.8B
Broadcom reported fiscal third-quarter 2026 results on September 2, 2026, for the quarter ended August 2.
Apple expands Broadcom deal to more than $30B for US-made chips
Apple said on July 8, 2026 that its multiyear agreement with Broadcom is expected to exceed $30 billion and lead to more than 15 billion US-made chips.
Broadcom and Apple extend custom silicon collaboration through 2031
Broadcom filed a Form 8-K on July 6, 2026 saying it and Apple have expanded their long-standing technology collaboration through 2031.
Chief legal officer Mark Brazeal sells 25,000 Broadcom shares at $387
Mark Brazeal, Broadcom's Chief Legal and Corporate Affairs Officer, sold 25,000 shares at $387 on June 25, 2026, according to a Form 4 filed with the SEC.
Amie Thuener becomes Broadcom CFO as Kirsten Spears steps down
The CFO handover announced in April took effect on June 12, 2026.
AMD falls about 6.5% on June 5 as Broadcom's guidance cools AI chip hopes
AMD shares fell about 6.5% in the morning session on Friday, June 5, 2026, to about $483, after Broadcom's guidance reset expectations for how fast hyperscalers will spend on AI chips.
Broadcom shares fall about 14% after AI guidance disappoints
Broadcom shares dropped in the session after the fiscal Q2 report, a move one press report put at about 14%.
Broadcom reports fiscal Q2 2026 results: revenue $22.19B, up 48% from a year earlier
Broadcom filed a Form 8-K with the SEC on Jun 3, 2026, 4:21 PM ET, reporting an event dated Jun 3, 2026.