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The Latest Breaking News from Broadcom

OpenAI unveils custom chip it designed with Broadcom to boost its AI infrastructure

OpenAI has unveiled its first custom AI chip, Jalapeno, developed with Broadcom to boost its infrastructure. This move aims to overcome computing power shortages and reduce reliance on Nvidia's GPUs. Designed for AI inference, the chip is comparable to Nvidia's and Google's offerings. OpenAI plans to deploy Jalapeno by year-end,…

The Economic Times

This Tiny AI Memory Stock Is Taking on Samsung, Google, and Nvidia

This Tiny AI Memory Stock Is Taking on Samsung, Google, and Nvidia

Netlist stock surged after widening its patent dispute with Samsung and adding several major AI and server companies to a new ITC complaint.

Exclusive: Upscale AI wants to be the next Cisco—and it just raised another $190 million

Exclusive: Upscale AI wants to be the next Cisco—and it just raised another $190 million

The AI networking startup has now raised $500 million in under 18 months as investors bet the next infrastructure giant will emerge from the race to connect the world's AI chips.

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Architect Labs raises $24 million to take on Broadcom, Marvell custom chip business

The company plans to target chip companies to help accelerate the design process but also software companies ⁠that could use custom chips to make their applications run faster or more efficiently, Architect co-founder Ebrahim Hussain said in an interview with Reuters.

The Economic Times

VMware: Broadcom's Second Biggest Business Set to Accelerate

Broadcom's AI chip business is growing at an extraordinarily fast pace, but another large part of the company's business is getting ready to accelerate.

Tesco UK supermarket chain removes 40,000 servers from VMware infrastructure — mass exodus continues due to Broadcom's aggressive subscription model

Tesco UK supermarket chain moves 40,000 servers off of VMWare infrastructure — mass exodus continues thanks to Broadcom's pricing shenanigans

Tom’s Hardware

Architect Labs raises $24 million to take on Broadcom, Marvell custom chip business

Architect Labs has secured $24 million in seed funding. The company will leverage artificial intelligence to accelerate and simplify the design of custom chips. This innovation aims to reduce the current two-year timeline and multi-million dollar costs associated with chip development. Architect Labs plans to assist both chip manufacturers and…

The Economic Times

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JPMorgan Analysts Say Broadcom Stock Is a 'Buy.' What to Know.

JPMorgan issued a largely bullish note on Broadcom stock. Here’s why analyst Harlan Sur recommends buying AVGO shares at current levels.

Tesco dumps thousands of servers off VMware, blames 'abusive conduct' from Broadcom

Tesco dumps thousands of servers off VMware, blames 'abusive conduct' from Broadcom

Broadcom's "abusive conduct" has landed it in hot water as it faces legal action from Tesco and the loss of 40,000 licenses.

Dow Falls 507 Points as Fed Chair Warsh Speaks of Price Stability: Stock Market Today

Dow Falls 507 Points as Fed Chair Warsh Speaks of Price Stability: Stock Market Today

Stocks slide as interest rates remain the same and Fed Chair Kevin Warsh starts writing a shorter song for the biggest central bank in the world.

HPE will let VMware users get a free year's license via its own tools

HPE will let VMware users get a free year's license via its own tools

HPE is offering Morpheus VM Essentials free for the first year, with a $1 migration add-on, to get customers away from VMware.

US stocks rise after oil prices ease and SpaceX soars in its debut on Wall Street

U.S. stocks are rising after oil prices fell again, and SpaceX soared in its highly anticipated debut on Wall Street

US stocks rise as oil falls and Wall Street waits for SpaceX's debut

U.S. stocks are rising after oil prices fell again and as Wall Street waits for the highly anticipated debut of SpaceX coming later in the day

The Best Semiconductor ETFs: How You Can Mine the AI Gold Rush

The Best Semiconductor ETFs: How You Can Mine the AI Gold Rush

The best semiconductor ETFs hold the chipmakers benefitting from historically high spending by artificial intelligence hyperscalers and data center builders.

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US stocks drift as oil falls and Wall Street waits for SpaceX's debut

U.S. stocks are drifting after oil prices fell again and as Wall Street waits for the highly anticipated debut of SpaceX coming later in the day

Tom’s Hardware

Republican lawmakers urge federal agency to block imports of infringing TSMC chips as patent ruling nears — five asserted U.S. patents come from United Microelectronics Corporation

Four Republican members of Congress have urged the U.S. ITC to block imports of foreign-made chips found to infringe U.S. patents

These 3 Semiconductor Stocks Just Got a Bullish Nod From Citi. Buy the Dip.

Citi highlighted Broadcom (AVGO), Texas Instruments (TXN), and Applied Materials (AMAT) as attractive buys following the recent semiconductor sector selloff triggered by Broadcom’s Q2 results.

Cathie Wood Is Buying the Dip in Broadcom Stock

Visionary pioneer Cathie Wood is dip-buying Broadcom after its quarterly results.

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As Shares Fall, Analyst Are Boosting their Broadcom Price Targets

While Broadcom's latest earnings disappointed markets; Wall Street analysts held steadfast, increasing their price targets amid the large drop in shares.

A knee-jerk reaction or something more? Nvidia's market cap dropped by almost $330 billion in 24 hours as the AI giant reeled from Broadcom's poor guidance

Nvidia saw its market cap tank by $330 billion after Broadcom delivered guidance that many AI investors considered disappointing amid lofty expectations.

The Economic Times

Nvidia, Broadcom, Micron stocks crash: Why are tech shares down today?

Nvidia, Micron, Broadcom stocks: There has been high volatility in the tech sector in the Wall Street.

The Economic Times

Why did the Nasdaq 100 crash more than 550 points today? US stock market Dow Jones, S&P 500 and Nasdaq plunge into deep red as AI's biggest winners become the market's biggest losers

US stock market crash today: The Nasdaq just delivered a sharp reality check to Wall Street. On June 9, 2026, the tech-heavy Nasdaq Composite plunged 2.17%, losing more than 560 points as AI and semiconductor stocks extended their recent sell-off. The S&P 500 fell 1.22%, shedding over 90 points, while…

The Economic Times

Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-up

Apollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chips and networking. The initial phase adds one gigawatt of capacity, enough for many homes. This infrastructure will be deployed at Fluidstack-operated sites from mid-2026. The partnership aims to provide over…

Nasdaq fall as tech sell off resumes on Wall St

US stocks have closed lower as technology stocks resumed a sell-off after a short-lived bounce and Donald Trump said Iran had shot down a US Apache helicopter.

The Economic Times

US stocks: US market rises as tech shares gain, Middle East tensions ease

Wall Street indexes opened higher on Tuesday, driven by a second consecutive day of gains for chipmakers. Easing Middle East tensions also contributed to positive market sentiment. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all saw increases at the opening bell.

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