AVGO ▲ +3.0% - Broadcom Inc. $AVGO CEO SAYS THE COMPANY CAN LOCK IN CHIP SUPPLY FOR 2027 Hock Tan says Broadcom is in the process of locking in 2028 supply, and that capital allocation is likely to focus on increased dividends and stock buybacks, per the Goldman Sachs conference. Broadcom shares rose 3.0% after CEO Hock Tan said the company is securing chip supply through 2027 and plans to return capital to shareholders through increased dividends and buybacks. The dual confidence signal—both on supply chain security and capital allocation priorities—likely encouraged investors that the chipmaker has visibility into production capacity while committing to shareholder returns. 08-SEP-2026 04:06 PM ET