OpenAI has reportedly enlisted Broadcom's help for the design of its first in-house AI chip. OpenAI is aiming to diversify its use of hardware and reduce reliance on third-party providers.

Broadcom excels in cutting-edge connectivity chips but shows limited growth, making its 37x forward PE ratio seem high for its performance. The VMWare acquisition boosted AVGO's revenue, but core ...

Broadcom Inc. today will use its Explore conference in Barcelona to announce a range of updates to its VMware Cloud Foundation platform, introducing new services and partnerships to support ...

Broadcom (NASDAQ: AVGO) is a popular pick in the artificial intelligence (AI) investing world. However, it's not as clear-cut as investing in Nvidia or Palantir, as both of these companies derive ...

Broadcom Inc. shares gained as much as 4% after Reuters reported that OpenAI is working with the company on a new artificial intelligence chip. OpenAI is using Broadcom and contract manufacturer ...

Broadcom shares closed up 4.2% to $179.24 in New York trading on Tuesday. Even before the latest gain, they were up 54% this year. TSMC’s US-traded shares closed more than 1% higher.

Shares of Broadcom (AVGO) are rising after Reuters reported that the company is working with OpenAI on a new AI chip. Market Domination Hosts Julie Hyman and Josh Lipton report more on the story ...

Broadcom shares have been on a bullish run, up 350% in two years, and recently hit new all-time highs. The stock is positioned to benefit from AI and enterprise demand, with revenue expected to ...

After closing a $69 billion deal to buy virtualization technology company VMware a year ago, Broadcom wasted no time ushering in big changes to the ways customers and partners buy and sell VMware ...

Broadcom has a massive product lineup. Without VMware, Broadcom's results wouldn't look nearly as impressive. The stock trades at a hefty price tag despite its slow growth. Broadcom's product line ...

Broadcom (NASDAQ: AVGO) stock is jumping in Tuesday's trading following news of a new artificial intelligence (AI) chip project. The company's share price was up 3.8% as of 3 p.m. ET. Reuters ...

OpenAI is working with Broadcom Inc. to develop a new artificial intelligence chip specifically focused on running AI models after they’ve been trained, according to two people familiar with the ...