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-0.000653157942704474 -0.00221769906127538 0.00136707476379983 0.00358477382507521 0.00647082054865266 0.00647082054865266 0.00647082054865266 0.00647082054865266
Stock impact report

Broadcom Deepens AI Role With OpenAI Deal And Hyperscaler ASIC Focus [Yahoo! Finance]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: Yahoo! Finance
Broadcom (NasdaqGS:AVGO) has agreed to supply OpenAI with custom AI accelerator ASICs equivalent to 10 gigawatts of compute capacity over four years. The company is expanding its role as a custom AI chip provider to major hyperscalers under a multi year, high volume ASIC supply agreement. This deepens Broadcom's position in global AI infrastructure as demand for purpose built AI compute continues to build. Broadcom, best known for its networking, wireless and infrastructure semiconductors, is now firmly positioning itself as an AI chip partner for large cloud and internet platforms. The OpenAI agreement adds to its custom ASIC work with hyperscalers and sits alongside its existing data center, networking and software businesses. For you as an investor, the key angle is Broadcom's increasing exposure to AI compute and data center build outs, alongside its established infrastructure franchise. The OpenAI deal signals that hyperscalers are using Broadcom for tailored silicon at Show less Read more
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