A chip company you probably never heard of is suddenly worth $1 trillion. Here's why, and what it means for Nvidia.Broadcom's stock soared due to a 220% increase in custom AI chip revenue, emphasizing its growing importance in technology.
OpenAI reportedly talks custom silicon with BroadcomOpenAI is seeking to build a custom inferencing chip to reduce operational costs, optimize AI services, and diversify its hardware supply chain.
Meta nixed custom-chip efforts for upcoming AR glassesMeta's custom chip development for wearables was abandoned due to cost-cutting measures amidst a broader effort to increase efficiency.