On January 1, 2026, Broadcom Inc. (AVGO) closed at $346.10, reflecting a 1.1% decline amid a broader U.S. market downturn to finish 2025. The decline mirrored trends in the semiconductor sector, with the iShares Semiconductor ETF down 1.2% and Nvidia slipping by 0.5%. Investors are eyeing upcoming January catalysts, including the U.S. jobs report on January 9 and the Federal Reserve’s meeting on January 27-28. Despite the fall, Broadcom’s strong year-end position in AI infrastructure remains vital, especially following its partnership with OpenAI for custom AI processors. Looking ahead, Broadcom forecasts first-quarter 2026 revenue of about $19.1 billion, alongside an increased dividend of $0.65 per share, payable December 31. Traders are keenly observing AI demand and profitability indicators, particularly related to custom chip programs, as the markets approach the next quarterly report on March 4.
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