Broadcom Stock News

Broadcom Inc. closed a deal with OpenAI earlier this week for 10GW, bringing its total hyperscaler customers to five: Google, Meta, ByteDance, OpenAI and mystery customer no.5. Based on the assumption that three-hyperscaler customers translate to $60-$90B SAM, our new estimates for AVGO are for a potential SAM of $110B-$140B. Broadcom's AI position is relatively bulletproof with exposure to AI ...

Broadcom (AVGO 4.15%) has been one of the biggest beneficiaries of the increasing effectiveness of artificial intelligence.

Broadcom and two other semiconductor companies look like good bets ahead of earnings, according to Oppenheimer analysts.

Der ChatGPT-Schöpfer OpenAI kennt kein Halten und verkündet einen Deal nach dem anderen rund um KI-Chips. Nun steht Broadcom im Fokus.

Semiconductor company Broadcom (AVGO -3.52%) has emerged as the second-largest supplier of artificial intelligence accelerators, albeit a distant second to Nvidia (NVDA -4.33%). But Broadcom recently announced a partnership with OpenAI that could bolster its market presence.

Broadcom (AVGO -3.52%) is playing a key role in supplying data centers with custom chips and networking products. Strong revenue and free-cash-flow growth have pushed the stock to new highs this year, with shares up 54% year to date through market close Oct. 13.

Broadcom seem to be betting on outdoing Nvidia and AMD on pricing and power — but expectations look overhyped, an analyst says, and he sees an AI correction coming.

Broadcom secures a transformative multiyear AI infrastructure deal with OpenAI, the world's most important company amid the generative AI revolution. The deal is not a one-off project but a multi-year commitment running through 2029. Broadcom will not just be selling chips to OpenAI but will provide the complete networking backbone.