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News 2026-10-07 21:30 UTC

Broadcom explores $50B+ financing for OpenAI custom AI chips

Wall Street Journal reports Broadcom is seeking more than $50 bln in financing to develop custom AI chips for OpenAI. Talks reportedly include private equity firms such as Apollo and Blackstone, with negotiations early and deal size adjustable; the raise could support production capacity of several GW and could close a