Broadcom Stock Pops 9 on OpenAI Custom Chip Deal, Adding to Nvidia and AMD Agreements
Broadcom's stock has surged 90% this year, driven by booming AI demand and a record-breaking $10 billion order for custom AI chips from OpenAI. The deal, announced in September, is widely believed to be one of the largest in the industry, and has sparked a frenzy of interest in the company's stock. ...