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

Broadcom shares have lost nearly 20% since early June on what can only be described as a sub-optimal quarter. Could Wednesday's unveiling of Jalapeno, a new custom chip co-designed with OpenAI, put ...

Broadcom has traded in a range of $244 to $495 over the past 52 weeks. Over that period, the stock has rallied 63%. But after management's third-quarter guidance failed to clear elevated investor ...

Broadcom does a lot of different things as a company, but what's most exciting for investors is its ASICs -- application-specific integrated circuits. These are chips that are designed with one ...

OpenAI and Broadcom AVGO publicly announced OpenAI’s new custom AI compute chip, dubbed Jalapeno. This follows a public partnership announcement in the fall of 2025, in which the firms agreed to ...

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 (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 ...

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 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.

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

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 ...