Broadcom’s stock is soaring on a new OpenAI deal. Why Wall Street is so upbeat.

An analyst sees ‘big upside’ ahead for Broadcom’s financials as the company’s arrangement with OpenAI could only be the ...

Big bank earnings, Broadcom's OpenAI chip deal, record-high car prices and more in Morning Squawk

BlackRock and Wells Fargo also surpassed analyst expectations, while Citi posted stronger revenue than Wall Street projected.

Broadcom's 10GW AI Deal With OpenAI Could Generate Up To $300 Billion Revenue, Analysts Highlight Growth From Custom Silicon And Networking Solutions

Broadcom (AVGO) and OpenAI launch multi-year partnership to deploy 10GW of custom AI silicon and rack-level systems, positioning AVGO to optimize performance and scale next-gen tech.

Greg Brockman says OpenAI's tech found chip optimizations that would've taken humans weeks

Greg Brockman says OpenAI used its own AI to design chips with Broadcom, finding optimizations that human designers would've ...
Network World

OpenAI–Broadcom alliance signals a shift to open infrastructure for AI

The collaboration combines custom silicon and open networking, potentially reducing reliance on Nvidia and reshaping ...

Why Broadcom Stock Skyrocketed Monday Morning

Shares of Broadcom ( AVGO 9.56%) surged higher on Monday, jumping as much as 10.6%. As of 12:38 p.m. ET, the stock was still ...