Broadcom stock price steadies into Monday after Wolfe upgrade and fresh VMware channel shake-up
New York, February 1, 2026, 17:40 EST — Market closed
Key points:
- Broadcom shares edged up 0.17% Friday, standing out as the Nasdaq fell.
- Wolfe Research raised its rating on the stock, highlighting a surge in Alphabet’s in-house AI chip production.
- Separately, a report on stricter terms for VMware cloud partners thrust the software company back into the spotlight.
Broadcom shares closed Friday at $331.30, up 0.17%, before slipping a bit in after-hours trading as U.S. markets wrapped up the week. (Investing)
The stock’s direction now seems to depend more on how the market views AI spending and enterprise software—narratives that have driven most of the momentum lately—than on Broadcom…
