Broadcom closes up 9.88% following the announcement of its custom chip deal with OpenAI; its stock is up over 50% in 2025 after more than doubling in 2024 — Broadcom and OpenAI have made their partnership official. — The two companies said…
The partnership, which the companies said would launch next year, would provide 10 gigawatts in computing power, requiring roughly the energy equivalent needed to power a major city.
OpenAI has officially partnered with semiconductor giant Broadcom to co-develop custom AI chips designed to supercharge its next generation of large language models. It’s a strategic move that goes far beyond just making results appear…
An analyst sees ‘big upside’ ahead for Broadcom’s financials as the company’s arrangement with OpenAI could only be the beginning of a relationship between the two.
The collaboration will see Broadcom develop and deploy OpenAI-designed processors beginning in the second half of 2026, with full rollout expected by 2029.