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Benzinga
Benzinga
Business
Priya Nigam

Broadcom Bets Big On AI: Possible New Partnership With OpenAI Sparks Rally

Broadcom OpenAI AVGO INC Cody Acree Harlan Sur James Schneider John Vinh Kevin Cassidy Vivek Arya
Konskie,,Poland,-,January,03,,2024:,Broadcom,Inc,Company,Logo

Broadcom Inc (NASDAQ:AVGO) shares rallied in early trading on Friday on media reports of its possible partnership with OpenAI, which is gearing up to mass-produce its first proprietary AI chip.

AVGO stock is at important technical levels. Check out the latest moves here.

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