After releasing its last earnings report, shares of custom artificial intelligence (AI) chip designer Broadcom (NASDAQ: AVGO) have been range-bound. The stock dropped from over $400 to around $340 over just a few days in mid-December of 2025.
Shares recovered to around $355 in mid-January, only to drop to under $310 by early February. With a little more than a week until Broadcom releases the first earnings report of its fiscal year (FY) 2026, shares are hovering around $330.
