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OpenAI's $500 Billion Chip Bet: Is Broadcom The Next AI Winner?

Market Impact

Piero Cingari

·

October 13, 2025

·

Benzinga

OpenAI expands its semiconductor strategy with a $500B custom chip deal with Broadcom, aiming to reduce reliance on Nvidia.

Latest Ratings for AVGO

DateFirmActionFromTo
Mar 2022Truist SecuritiesMaintainsBuy
Mar 2022JP MorganMaintainsOverweight
Mar 2022Morgan StanleyMaintainsOverweight

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