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Apple seals $30B Broadcom pact to mass-produce US-made chips as Cook winds down
technology1 day ago

Apple seals $30B Broadcom pact to mass-produce US-made chips as Cook winds down

Tim Cook announced a multi-year, over-$30 billion deal with Broadcom to produce more than 15 billion US-made chips through 2031, expanding Broadcom’s Fort Collins, Colorado facility and reinforcing domestic chip supply as Apple leans into its American Manufacturing Program amid rising memory costs and iPhone supply constraints. Cook, who will step down on Sept. 1, 2026 to become executive chairman, hands the reins to John Ternus, signaling a shift toward securing critical wireless silicon for Apple’s devices and future AI-driven chips.

via 24/7 Wall St.|
#apple#broadcom#semiconductors
Apple bets $30B on U.S.-made Broadcom chip design
business1 day ago

Apple bets $30B on U.S.-made Broadcom chip design

Apple announced a $30 billion plan to design Broadcom-made wireless chips in the United States, part of a broader push to onshore more of its supply chain. The deal will enable the production of about 15 million chips in the U.S., and Broadcom will invest $1.5 billion to expand and modernize its Fort Collins, Colorado facilities. The move diversifies Apple’s chip sourcing away from Taiwanese makers amid tariff pressures and the AI boom, supporting domestic chip production under its American Manufacturing Program while aiming to shield customers from price increases.

via CNN|
#apple#broadcom#business
Apple and Broadcom strike a $30B chip deal to boost US manufacturing
technology3 days ago

Apple and Broadcom strike a $30B chip deal to boost US manufacturing

Apple announced a multi-year deal with Broadcom valued at more than $30 billion to design and manufacture custom silicon components and wireless connectivity technologies for Apple devices, with more than 15 billion chips to be produced in the United States under Apple’s American Manufacturing Program and a $1.5 billion investment to modernize Broadcom’s Fort Collins, Colorado facilities, signaling a ramp-up in U.S. chip production.

via Yahoo Finance|
#american-manufacturing-program#apple#broadcom
Memory Giant SK Hynix’s Nasdaq Raise Ignites AI-Chip Demand Rally
business4 days ago

Memory Giant SK Hynix’s Nasdaq Raise Ignites AI-Chip Demand Rally

SK Hynix plans to raise about $28 billion on the Nasdaq via ADRs, the second-largest stock sale in history, to fund memory-fab expansions in South Korea and to buy ASML EUV lithography machines, signaling a strong AI-capex cycle. The news helped lift chip-related stocks even as leadership names like NVIDIA and Broadcom forecast robust AI/data-center demand and Applied Materials lifted its 2026 equipment-growth outlook to over 30%. Micron and other memory players benefited from AI-driven memory demand, though some analysts warn of froth in the sector as the AI hardware buildout continues.

via 24/7 Wall St.|
#applied-materials#asml#broadcom
Broadcom and Apple extend 2031 chip-supply pact
technology4 days ago

Broadcom and Apple extend 2031 chip-supply pact

Broadcom said it will extend its partnership with Apple through 2031 to design and supply custom chips, strengthening Apple’s access to wireless and RF components and boosting supply-chain resilience; Apple accounts for about 20% of Broadcom’s revenue, and the deal builds on a 2023 multibillion-dollar agreement for 5G radio-frequency components amid growing demand for advanced chips.

via Yahoo Finance|
#5g#apple#broadcom
OpenAI and Broadcom unveil Jalapeño, a data-center chip for scalable LLM inference
technology16 days ago

OpenAI and Broadcom unveil Jalapeño, a data-center chip for scalable LLM inference

OpenAI and Broadcom introduced Jalapeño, a purpose-built ASIC designed from scratch for large-language-model inference in data centers, with early testing claiming substantially better performance per watt; development took nine months and is part of a broader effort to own more of the AI stack and reduce reliance on Nvidia, with deployments planned by year-end as the silicon race heats up.

via Ars Technica|
#broadcom#inference#jalapeno
OpenAI and Broadcom's Jalapeño: First Joint AI Chip for Faster LLM Inference
technology16 days ago

OpenAI and Broadcom's Jalapeño: First Joint AI Chip for Faster LLM Inference

OpenAI and Broadcom unveiled Jalapeño, their first jointly built AI accelerator designed for running OpenAI's large language models with notably better performance per watt; developed in nine months and slated for late-2026 data-center deployment, marking OpenAI's first foray into hardware manufacturing and signaling a multi-generation compute platform to speed and scale AI.

via Engadget|
#ai-accelerator#broadcom#jalapeno
OpenAI, Broadcom unveil Jalapeño: OpenAI's in-house chip to speed AI inference
technology16 days ago

OpenAI, Broadcom unveil Jalapeño: OpenAI's in-house chip to speed AI inference

OpenAI and Broadcom announced Jalapeño, their first custom AI chip designed for inference to accelerate chatbot queries and compete with Nvidia’s Blackwell and Google’s TPUs. Built with Broadcom’s design input and Celestica assembling servers, the chip is manufactured by TSMC and is intended for deployment by year-end as part of a multi-generation chip plan; OpenAI has already tested it with GPT‑5.3‑Codex‑Spark, highlighting broader industry moves toward in-house AI silicon amid high memory-demand pressures that affect margins.

via Reuters|
#ai#broadcom#chip
Druckenmiller Bets on AI Infrastructure: Broadcom, Micron and Seagate
business16 days ago

Druckenmiller Bets on AI Infrastructure: Broadcom, Micron and Seagate

Stanley Druckenmiller’s Duquesne Family Office disclosed positions in three AI‑infrastructure semiconductor names—Broadcom (AVGO), Micron (MU), and Seagate (STX)—as thematic exposures rather than core holdings. The AI build‑out thesis spans custom silicon, memory, and high‑capacity storage, with Broadcom seen as the most defensible long‑term, Seagate offering a margin story but limited valuation cushion after a sharp run, and Micron demonstrating strong earnings power but requiring patience on price targets.

via Yahoo Finance|
#ai-infrastructure#broadcom#business
Dip-Buy Window Opens for Nvidia, AMD, Broadcom Amid AI Chip Selloff
business26 days ago

Dip-Buy Window Opens for Nvidia, AMD, Broadcom Amid AI Chip Selloff

24/7 Wall St. flags a buying opportunity in Nvidia (NVDA), AMD (AMD) and Broadcom (AVGO) as the AI-chip rally cools and these leaders pull back from recent highs. NVDA trades around $200 (about 26% below its 52-week high) with a consensus target near $298 and strong Q1 FY27 data plus Q2 revenue guidance near $91B. AMD sits near $452 after a pullback, with Q1 revenue of $10.25B and Q2 revenue guidance ~ $11.2B anchored by the MI450/Meta deal. Broadcom trades around $372, with AI-revenue of $10.8B in the latest quarter and a bullish Q3 revenue outlook. The piece emphasizes that the AI infrastructure story remains intact, but notes risks from export controls and potential shifts in China data-center demand.

via 24/7 Wall St.|
#ai#amd#broadcom
Analysts Fire Off Top Questions as Broadcom Posts Q1 Beat
business1 month ago

Analysts Fire Off Top Questions as Broadcom Posts Q1 Beat

Broadcom topped Q1 expectations with revenue of $22.19B and adjusted EPS of $2.44, driven by AI semiconductors (AI revenue $10.8B, up 143% YoY). Gross margin slipped about 32 basis points as AI-chip mix grew, while operating margin was 48.6%. The company guided Q2 revenue to about $29.4B. In the call, top analysts pressed on AI backlog, the Google agreement, margin dynamics, wafer/HBM supply, and 2027 gigawatt targets, with CEO Hock Tan and CFO Kirsten Spears providing clarifications. Shares fell as investors digest the mix shift and margin outlook, alongside VMware software adoption and capacity considerations.

via Yahoo Finance|
#ai-semiconductors#analyst-questions#avgo
Private capital backs Anthropic’s Broadcom-backed AI compute expansion
business1 month ago

Private capital backs Anthropic’s Broadcom-backed AI compute expansion

Apollo Global Management and Blackstone are financing a $35 billion expansion of Anthropic's AI computing capacity using Broadcom's custom chips, starting with 1 gigawatt of capacity to be deployed at Fluidstack sites mid-2026 and targeting more than 20 GW for leading AI labs by 2028 (including OpenAI); Apollo leads the initial tranche alongside Blackstone's Credit & Insurance unit, in a deal that reinforces Broadcom's AI chip push and ties Anthropic to Google-assisted capacity (about 3.5 GW) as part of a broader private‑capital funding drive to scale AI infrastructure.

via Reuters|
#ai-computing#anthropic#apollo-global-management