Broadcom Gains on Report That It’s Discussing Chip With OpenAI
Broadcom headquarters in San Jose, California.
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Broadcom Inc. shares gained almost 3% on Thursday after the Information reported that it has discussed making an artificial intelligence chip for OpenAI, potentially vaulting it further into Nvidia Corp.’s territory.
OpenAI, maker of the ChatGPT chatbot, broached the idea with Broadcom as part of the startup’s wider discussions with chip designers, the news outlet said. The effort also has included OpenAI hiring former Google employees who worked on that company’s Tensor processor.