When OpenAI and chip designer Broadcom announced last fall that they would make custom artificial intelligence chips together ...
Broadcom Inc AVGO shares slid on Thursday after a report said its AI chip partnership with OpenAI ran into an $18 billion ...
Broadcom’s stock dropped 2% following a report in The Information about an $18 billion financing snag in the chipmaker’s custom AI processor deal with OpenAI. Shares have partly recovered since then.
The move: Broadcom stock jumped 4% on Tuesday, extending a week of gains. The chip maker has been battling high volatility since 2026 began and is currently down 7% year-to-date. Why: Broadcom's ...