Broadcom: 50 Billion USD for OpenAI – and 350 Billion USD in AI Revenue by the End of 2028 in Sight

Broadcom is reportedly working on financing of over 50 billion USD for the custom AI chips jointly developed with OpenAI, according to the Wall Street Journal. OpenAI is expected to deploy around 1.3 GW of Jalapeño capacity in 2027, and more than 5 GW with Jalapeño and the next XPU generation by 2028. Broadcom anticipates an increase in AI semiconductor revenue from approximately 58 billion USD in 2026 to 115 billion USD in 2027 and 230 billion USD in 2028. Broadcom (AVGO) could significantly accelerate the expansion of its AI chip platform...