OpenAI and Broadcom Collaborate on AI Chip Development Amid Market Gains
OpenAI has partnered with Broadcom to develop its first in-house AI processors, planning to deploy 10 gigawatts of custom chips starting in late 2026, as part of its efforts to secure advanced computing power amid surging AI demand. This move follows recent chip deals with AMD and Nvidia, highlighting the industry's push for custom AI hardware to reduce reliance on Nvidia's processors. Broadcom's stock surged over 7% on the news, reflecting its growing role in the AI chip market.