Broadcom’s stock is soaring on a new OpenAI deal. Here’s what to know.

Broadcom’s stock is soaring on a new OpenAI deal. Here’s what to know.



Published:

OpenAI continues to strike big new deals for computing power, this time with Broadcom Inc.

The new arrangement, which will see OpenAI design and deploy 10 gigawatts of custom artificial-intelligence chips alongside Broadcom

AVGO, follows recently announced deals between the ChatGPT creator and both Nvidia Corp. NVDA and Advanced Micro Devices Inc. AMD



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