Broadcom Secures Major Wins With OpenAI, Google, Meta As It Targets $150B AI Market
AVGOBroadcom(AVGO) Benzinga·2024-08-22 20:26

Broadcom Inc. AVGO is stepping into a new chapter in its AI journey, securing significant victories with two major AI ASIC programs. JPMorgan’s Harlan Sur highlights that Broadcom has "recently won OpenAI's first and second generation AI ASIC programs," positioning it as OpenAI's fourth major AI ASIC partner. Alongside this, Broadcom has also added a fifth major AI ASIC customer, both expected to ramp up in 2026, further solidifying its leadership in the AI space.Why Broadcom? The Power Of Advanced Chip Des ...