Nvidia Gets Major Upgrade as AI Chip Superiority Continues
Nvidia stock rises 2.2% in premarket trading as analysts remain bullish on AI chip demand. HSBC upgrades to Buy with $320 target, citing strong earnings potential through 2027.
/ 7 items
#AVGO↓
OpenAI Formalizes Broadcom Partnership to Co-Develop and Deploy 10 Gigawatts of Custom AI Infrastructure
OpenAI has formalized a multiyear agreement with Broadcom to co-develop and deploy 10 gigawatts of custom AI chips and computing systems starting in 2026.
AMD and OpenAI Forge Landmark AI Infrastructure Deal, Targeting Tens of Billions in Revenue
Advanced Micro Devices strikes a definitive agreement with OpenAI to supply 6 gigawatts of GPUs, challenging Nvidia's dominance and granting OpenAI warrants for up to a 10% stake in the chipmaker.
AI Powerhouse Deal: OpenAI and NVIDIA Team Up for a Massive Future
OpenAI and NVIDIA struck a huge deal: 10 GW of NVIDIA AI systems powered by up to a $100 billion investment. This massive project, starting in 2026, aims to deploy superintelligence and build the AI economy of the future.
Nvidia's $5 Billion Bet: Powering Up Intel for a New Computing Era
Nvidia invests $5 billion in Intel, forming a strategic alliance to co-develop PC and data center chips. This partnership aims to boost Intel and fuse Nvidia's AI dominance with Intel's x86 architecture, laying the groundwork for future computing.
China Fights Back: New Probes Target US Computer Chips
China launches anti-dumping and anti-discrimination investigations against US semiconductor companies, escalating trade tensions ahead of high-level talks.