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OpenAI Picked Broadcom for Its First Custom AI Chip. The Race for Number Two Just Got Dangerous.

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Core Development: OpenAI Picked Broadcom for Its First Custom AI Chip. The Race for Number Two Just Got Dangerous.
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AVGO is already designing OpenAI's third-generation XPU, with Hock Tan projecting $115 billion in AI revenue for 2027 and $230 billion in 2028.

Samsung's role in OpenAI's next-gen chips remains unspecified, whether in memory, fabrication, or design, and only a design mandate for Jalapeno's successor would truly threaten Broadcom.

AVGO trades at 19 times forward earnings against a $533 analyst consensus price target, backed by 45 Buy or Strong Buy ratings versus just 4 Holds.

Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Broadcom didn't make the cut. Enter your email to see the names that beat AVGO. The report is free. Enter your email and see if any of your stocks made the cut.

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Official Publisher Attribution: This report is aggregated from Yahoo Finance. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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