Broadcom – Chip giant builds OpenAI’s first custom AI chip generation, but a Google rumor holds back the stock!

Broadcom is building with OpenAI its first custom AI chip "Jalapeño" – reaching manufacturing maturity in a record-breaking nine months, with deployment set for late 2026. The growth story (over $100 billion in AI revenue by 2027) remains intact, but a rumor regarding Google's TPU plans drives the stock down by 3.7%. A spicy new chip named Jalapeño Broadcom and OpenAI jointly unveil the secret of Jalapeño – the first custom AI chip from the ChatGPT creator. The processor is specifically designed for the so-called inference of large...