Broadcom

AVGO

Market cap $1.66T

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 GPU build-out via the networking business and its own custom ASIC.

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.

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.

OpenAI's new deal with Broadcom fuels AI expansion, highlighting tech ETFs like IYW as a safer way to ride the AI wave amid market uncertainty.

AVGO shares soar after sealing a major AI accelerator deal with OpenAI, underscoring its growing dominance in next-gen chip development.

Broadcom Inc (NASDAQ:AVGO) has long been seen as a steady cash generator with a reliable dividend. But the buzz around its OpenAI tie-up signals something bigger.

Broadcom (NASDAQ:AVGO) and OpenAI have launched a multi-year partnership to deploy 10 gigawatts of custom artificial intelligence silicon and rack-level systems, integrating compute Application-Specific Integrated Circuits (ASICs) along with Broadcom's Ethernet, Peripheral Component Interconnect Express (PCIe) and optical connectivity solutions. The deal expands beyond compute chips to networking silicon and server racks, positioning Broadcom to optimize performance and scale next-generation technologies.