Broadcom shares fell after the chip maker said it was raising $4.5 billion through a senior note sale.
The stock was down 5% to $337.05 late Wednesday morning. Shares have gained 50% in the past year.
The company said Tuesday after the market closed that it would sell the notes, with maturity dates in 2031, 2033, 2036 and 2056, to a group of underwriters led by Bank of America and JPMorgan.
It said it would use the proceeds to repay debt and for other general corporate purposes.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
January 14, 2026 10:56 ET (15:56 GMT)
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