The deal capped a flurry of pacts between OpenAI and the world’s biggest AI chip suppliers, including Nvidia and Advanced Micro Devices. All of them involve OpenAI spending billions of dollars on data centers stocked with hundreds of thousands of chips. Broadcom’s stock rose 9.9% Monday following news of its deal.

Broadcom Inc. expands AI reach with a new OpenAI deal, boosting sales potential to $140B. Click for this updated look at AVGO stock prospects.

So, OpenAI has signed yet another megabucks deal, this time with Broadcom and involving 10 gigawatts of what's described as OpenAI designed "custom AI acceler

Broadcom AI innovation with OpenAI partnership and new networking chip Thor Ultra competes against Nvidia chips and AMD accelerators and network innovation.

BlackRock and Wells Fargo also surpassed analyst expectations, while Citi posted stronger revenue than Wall Street projected. Don't miss BlackRock CEO Larry Fink on CNBC's "Squawk on the Street" at 9:30 a.m. ET.

The collaboration combines custom silicon and open networking, potentially reducing reliance on Nvidia and reshaping next-generation AI data centers.

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

OpenAI has partnered with Broadcom to co-develop custom AI hardware, with 10GW of chips set to be deployed by 2029. In a statement, OpenAI said that the systems the duo are planning to develop will include AI accelerators and Ethernet solutions, with deployment targeted to start in the second half of 2026.