Broadcom stock holds steady after-hours as AVGO rolls out a 6G chip — what to watch next
Broadcom closed at $333.99, up 0.1%, and held steady after hours following the launch of its BroadPeak 6G-ready radio chip for massive MIMO base stations. The company said the chip cuts power use by up to 40% and is shipping to early-access customers. Investors are watching for Friday’s PCE inflation report and Broadcom’s earnings update in early March. U.S. stocks ended lower, with tech shares under pressure.