Broadcom stock (AVGO): what moves it and when to watch
Broadcom reports in a different month from most big tech. So its earnings night is a lone spotlight on AI chip demand in the quiet weeks between seasons.
This page explains how the stock tends to move. It isn't a recommendation to buy or sell it.
At a glance
| Item | Broadcom (AVGO) |
|---|---|
| What it is | A chip and software company: networking chips, custom AI chips for big cloud firms, wireless and broadband chips, plus VMware software |
| Where it trades | Nasdaq, ticker AVGO |
| Indexes it's in | S&P 500 and Nasdaq-100. Not in the Dow |
| Earnings | 4 times a year, after the close, usually early-to-mid March, June, September and December |
| What moves it most | AI chip sales, guidance, big cloud firms' spending, software growth |
| How it tends to move | Fast for its size. AI news can bring big moves |
| Regular hours | 9:30 am–4:00 pm ET, plus pre-market and after-hours sessions |
What the company does
Broadcom makes chips that move data. Its networking chips connect the servers inside big data centers. It also designs custom AI chips for a few very large tech companies.
The other half is software. Broadcom bought VMware in November 2023. VMware's software lets companies run many virtual computers on one machine.
What moves it
- AI chip sales. How much it sells in custom AI chips and AI networking. This is the line most traders read first in the Earnings report.
- Guidance. Its forecast for AI sales next quarter often moves the stock more than the past quarter.
- Big customers' spending. When large cloud and AI firms raise or cut data center plans, AVGO feels it.
- Software. Growth and margins from VMware.
- Chip group mood. It often moves with Nvidia, AMD and the rest of the chip group.
- Rates. Like other big growth names, it can react when long-term yields jump.
When it's busiest
- 9:30–10:30 am ET: the open.
- 3:00–4:00 pm ET: the close.
- Earnings night: after 4:00 pm ET. Broadcom's year ends around the start of November, so its reports land in March, June, September and December, often in weeks with fewer other big reports.
- Nvidia earnings night: Nvidia's report often moves AVGO too.
US stock hours stay 9:30 am–4:00 pm ET all year. Extended-hours times depend on your broker.
Its personality
- Big moves for a giant. It's one of the largest US companies, yet AI news can move it like a smaller stock.
- Moves with the chip pack. A down day for chips is rarely an up day for AVGO.
- Split in 2024. It did a 10-for-1 Stock split in July 2024. Charts are adjusted, but old notes may show prices 10 times higher.
- Pays a dividend. Unlike many chip companies, it pays a quarterly Dividend.
Reading it with our method
Start on the daily chart. Mark the last places price turned around and find the direction. Check the Nasdaq futures too, so you know what the bigger market is doing.
On your entry chart, only a candle body closing past a level counts. AI headlines leave plenty of tails.
Stop first, size second. Example: your stop is $9 away and your plan risks $90. That's $90 ÷ $9 = 10 shares. Use the position size calculator. A math example, not a promise. Losses are always possible, and earnings gaps can skip stops.
Common mistakes
- Missing its odd earnings calendar. It doesn't report with the rest of big tech. Check the date.
- Thinking it's only a chip stock. The software side can change the picture.
- Holding full size into Nvidia's report. A rival's numbers can move it.
- Using pre-split levels. Re-mark your levels on today's chart. See support and resistance.
Questions
When does Broadcom report earnings?
Four times a year, after the US market closes, usually in early-to-mid March, June, September and December. Its fiscal year ends around the start of November. Check Broadcom's investor site for exact dates.
What does Broadcom make?
Chips for networking, wireless, broadband and storage, custom AI chips for large tech companies, and software, mainly VMware.
Did Broadcom split its stock?
Yes. Broadcom did a 10-for-1 stock split in July 2024.
Is Broadcom in the Dow Jones?
No. Broadcom is in the S&P 500 and the Nasdaq-100, but not the Dow.
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