OpenAI & Broadcom AI Chip Announcement $AVGO

24 Jun 2026 13:01AVGO US Indexes US Stocks
  • OpenAI and Broadcom unveil an LLM-optimized intelligence processor
  • OpenAI and Broadcom unveil an AI chip designed to run models faster and cheaper
  • OpenAI's new chip shows 50% cost savings, according to Broadcom CEO
  • Broadcom expects to deploy the OpenAI chip faster than previously forecast
  • OpenAI & Broadcom unveil LLM-optimized intelligence processor for AI workloads