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Adam Eckert

UNBELIEVABLE: Broadcom stock soars on ai accelerator deal with openai | History Defined

Broadcom OpenAI AVGO

Sunnyvale,,Ca - usa,-,March,1,,2014:,Broadcom,Facility,In,Silicon

Broadcom Inc (NASDAQ:AVGO) shares are trading higher Monday after the company and OpenAI announced a collaboration to deploy custom AI accelerators.

What To Know: Broadcom and OpenAI will work together to co-develop 10 gigawatts of OpenAI-designed accelerators. The racks will be scaled entirely with Ethernet and other connectivity solutions from Broadcom in an effort to meet surging global demand for AI.

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