Broadcom Stock Slides on Slower-Than-Expected Anthropic Orders

The share price of Broadcom (AVGO), a leading semiconductor firm, fell to $318, followed by RBC’s top analyst Srini Pajjuri downgrading her rating for the firm. She decreased the target price from $370 to $340, and signalled to ‘hold’ the shares. The downgrades highlight the fear of Anthropic’s TPU ramp-up ending by mid-2027. Broadcom’s revenue … Read more

Broadcom Rebounds as Nvidia Outlook Lifts Chip Stocks

Broadcom Rebounds as Nvidia Outlook Lifts Chip Stocks

Broadcom (AVGO) stock rebounded 2.1% to close at $332.31 on February 25, 2026. It again reignited another 0.4% in after-hours trading, reaching $333.52, following a strong outlook from Nvidia, which lifted the sentiment across the AI chip sector.  NVIDIA’s Forecast Sparks Sector Rebound Broadcom, with its high-end networking gear and custom silicon powering the majority … Read more