The Latest Breaking News from Broadcom

Following the Broadcom-OpenAI Deal, Wall Street Says AVGO Stock Still Could Gain 40% From Here

With the announcement of the first custom AI chip from OpenAI, Wedbush has another reason to be bullish on Broadcom.

Barchart · Jul 1

OpenAI is copying Apple’s biggest competitive advantage — and Nvidia should be paying attention

OpenAI's custom AI chip is less about challenging Nvidia today and more about following Apple's successful strategy of controlling the entire technology stack

TechRadar · Jun 30

JPMorgan Stands by Sky-High Broadcom Target as Shares Slide

Broadcom shares are feeling the heat after its latest earnings report, but one of Wall Street's top banks sees the stock moving $100 above past highs.

MarketBeat · Jun 29

Goldman Sachs Predicts 3 Stocks to Benefit Most From $757B AI’s Capex Supercycle

These three stocks give investors three distinct ways to participate in one of the largest technology investment cycles of the decade.

Barchart · Jun 26

OpenAI spices things up with Jalapeno chips: Why the Sam Altman-led AI startup is building its own processors

OpenAI said it designed the chip from scratch in nine months. Broadcom handled silicon implementation, networking, and connectivity, while Celestica developed the physical computing hardware of the chip, including its circuit board, hardware frame, and system integration.

The Economic Times · Jun 26

OpenAI just made its biggest move against Nvidia — and it could make ChatGPT cheaper to run

OpenAI has unveiled its first custom AI chip, designed to make ChatGPT faster, more efficient and less dependent on Nvidia hardware.

Tom’s Guide · Jun 25

OpenAI Makes Custom AI Chip Debut With Jalapeño As Part of Broadcom Deal

OpenAI on Wednesday unveiled its first custom-designed artificial intelligence chip, marking a major milestone in the company's effort to gain greater control over the hardware powering ChatGPT and its growing portfolio of AI products.

International Business Times · Jun 24

Broadcom and OpenAI unveil custom-built Jalapeño inference processor — OpenAI's first chip is a massive reticle-sized ASIC built in an ultra-fast nine-month development cycle

Broadcom and OpenAI reveal their Jalapeño custom-built inference ASIC that allegedly beats existing leading-edge in terms of performance-per-watt.

Tom’s Hardware · Jun 24

Broadcom Raises Tender Offer for Its Senior Notes to $3 Billion. What This Means for AVGO Stock.

The offer will purchase senior notes up to 2038.

Barchart · Jun 24

Broadcom and OpenAI debut Jalapeño Intelligence Processor, plot an Apple-like move to 'build the full stack'

The AI arms race just got a little bit spicier as Broadcom and OpenAI target Nvidia.

TechRadar · Jun 24