Broadcom stock hits six-month low, then rebounds on VMware deal
The gist
Broadcom closed at $321.68 on Oct 23, a six-month low, then rose about 3% on Oct 26.
The slide reflects worries over AI spending; its Q4 results are due Dec 10.
How it unfolded
- Apr 22, 2026AVGO peaked at $422.65.
- Aug 2, 2026Broadcom closed fiscal Q3 2026 with revenue up 86% year over year to $29.6 billion and AI semiconductor revenue up 221% to $16.7 billion.
- Oct 7, 2026AVGO traded at $376.51.