OpenAI says its first homegrown inference chip can do up to 1.9 times more AI work per watt than the comparison systems, and it went from initial design to tape-out in nine months. The more investable surprise is who helped turn that sketch into silicon. Broadcom Inc. (NASDAQ:AVGO) handled Jalapeño’s physical implementation and supplied the […]

Detailed price information for Broadcom Ltd (AVGO-Q) from The Globe and Mail including charting and trades.

Broadcom stock trades in the mid-$350s as investors weigh a sharp jump in AI semiconductor revenue g

Private cloud takes center stage at VMware Explore 2026 as Broadcom strengthens VCF's security and governance for AI.

Broadcom Inc. shares have been roughly flat year-to-date but have underperformed recently, dropping 15% since a previous sell recommendation. The company faces increasing competition in the custom AI ASIC market, where it once held a dominant 70% share. Hyperscalers like Google are now sourcing AI chips from multiple suppliers, forcing Broadcom to either cut prices or risk losing market share. This shift challenges Broadcom's position as the primary ASIC provider and suggests continued pressure ahead for its stock.

Broadcom stock is changing hands around $356 ahead of its September 2, 2026 earnings release, with a