The Latest Breaking News from Broadcom

This is what could happen next to Broadcom shares.

With a new strategic partnership under its belt, can Broadcom steal AI chip king Nvidia’s crown?

OpenAI is developing its first custom AI chip with Broadcom, according to a new report –and that's good news for AI-powered apps.

The news on Tuesday sent Broadcom Inc. shares soaring, gaining as much as 4%. TSMC’s US-traded shares also climbed, up more than 1%.

The Nasdaq hit a new high in Tuesday's mixed session. Google and Reddit jumped on earnings late. AI second fiddle AMD tumbled.

Broadcom stock jumped on a report that OpenAI is partnering with the fabless chipmaker to develop an AI inferencing processor.

Broadcom is expected to release its fourth-quarter earnings in December, and analysts expect a double-digit surge in earnings.

VanEck's new Fabless Semiconductor ETF (SMHX) offers a targeted approach to investing in the semiconductor space, focusing exclusively on fabless companies, and is being compared to its established counterpart, the VanEck Semiconductor ETF (SMH), which provides broad exposure to the entire semiconductor ecosystem.

Former Intel directors called the government to use its $20 billion CHIPS funding to force the company to split into two.