Broadcom closed at a record on Tuesday after news from two of the biggest names in tech gave its shares a boost.

Eight months after announcing a custom chip deal, OpenAI and Broadcom are revealing their first joint project: Jalapeño. The companies are calling it an "Intelligence Processor" and describe it as the ...

Broadcom and OpenAI have joined forces on a new custom AI chip. Jalapeño, as the processor is called, was designed for peak efficiency when running ChatGPT and other large language models (LLMs).

Broadcom is benefiting as hyperscalers shift toward custom AI chips and networking solutions. AI semiconductor revenue hit $10.8 billion, up 143% year over year in fiscal 2026’s second quarter.

Tesco’s latest filing in its legal dispute with Broadcom over contractual obligations for VMware software and support shows that the supermarket giant is actively moving off Broadcom software. The ...

The sell-off in Broadcom stock has brought its valuation down to a forward price-to-earnings (P/E) ratio of around 19.5 times fiscal 2027 analyst estimates. That's cheap for a stock that is riding two ...

Broadcom (AVGO) and OpenAI (OPENAI) revealed the fruits of its partnership today with Jalapeño, a new chip designed specifically to run inference for large language models. Broadcom shares inched up 0 ...

Amazon deciding to sell its AI chips is another bullish signal for the entire ASIC market, where Broadcom is a leader. The company's work in this field is powering strong financial results. In the ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. OpenAI has unveiled "Jalapeño," its first custom AI chip, developed in partnership with ...

Broadcom had to pay €2,143 (US $2,526) in court costs, and, more importantly, provide maintenance updates and upgrades, bug and security fixes and technical assistance for VMware products falling ...

Broadcom is downgraded to Hold/Avoid as its ~$2T mCap and 35.4x forward P/E fully price in aggressive AI revenue targets. AVGO’s dual-engine model—custom AI silicon and high-margin VMware ...

OpenAI Group PBC today revealed a custom chip called Jalapeño that it will use to power its large language models. The processor is the fruit of a collaboration with Broadcom Inc., which is no ...