With the AI market growing at an expected rate of 30-40% per year, Broadcom’s recent wins with OpenAI and the fifth major ...

Broadcom has reportedly been selected by OpenAI to provide new AI ASIC chips. In addition to deals with OpenAI, Meta Platforms, Alphabet, and ByteDance, the company is said to have a fifth AI ASIC ...

Could the rise of custom ASICs crowd out demand for Nvidia? In its recent earnings release, Broadcom CEO Hock Tan offered ...

Broadcom (NASDAQ: AVGO) investors got a reality check last week following the release of the company's fiscal 2024 ...

Chipmaker Broadcom raised its forecast for fiscal 2024 artificial intelligence revenue, citing higher demand for networking ...

When Oracle (ORCL) posted strong quarterly results, it lifted artificial intelligence technology suppliers. Oracle shares added 14.3% last week. The week before, Broadcom (AVGO) fell to around $135 ...

Business Spotlight: OpenAI Could Be New AI Chip Customer Citi analysts said they believe Broadcom has secured Microsoft-backed (MSFT) OpenAI as a new AI custom chip customer and could announce the ...

This figure is quite believable, seeing as many of Broadcom Inc.’s (NASDAQ:AVGO) customers are famous tech players like Alphabet, Meta, and OpenAI. A total of 130 hedge funds were long Broadcom ...

Broadcom wins multi-generational AI ASIC programs with OpenAI and a fifth major customer, targeting 2026 ramp-up. The company’s 2nm/3nm tech and strong partnerships with Google and Meta set the ...

According to Sur, Broadcom has been selected by OpenAI to deliver first-generation and second-generation ASIC AI chips. The news comes on the heels of reports and announcements that the ...