Broadcom Inc

AVGO: XNAS (USA)
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Broadcom: Latest in OpenAI's Deal Spree Adds More Fuel to Broadcom's AI Growth

On Oct. 13, Broadcom and OpenAI announced a partnership for sales of custom AI accelerators and Ethernet networking chips to support 10 gigawatts of data center capacity. Broadcom expects deployment to start in the second half of 2026 and run through 2029. Broadcom shares rose 10% intraday.

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