OpenAI Misses Sales and User Targets, Drags Partner Stocks Down
OpenAI missed growth targets, worrying investors as rivals rise and AI costs stay high, raising doubts about quick profits. Shares of SoftBank, Oracle, and AMD dropped sharply.
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Google in Talks with Marvell to Develop New AI Chips for Faster Inference
Google is in talks with Marvell Technology to develop a new memory processing unit and an inference-optimized TPU to power its AI models more efficiently.
Meta’s MTIA AI Chip Powers Up: Broadcom Partnership Unlocks Multi-Gigawatt 2nm Rollout
Broadcom and Meta announced a multi-year partnership to power multi-gigawatts of custom MTIA AI chips through 2029.
Marvell and Texas Instruments Just Got Upgraded by Wall Street
Marvell upgraded to Overweight ($150) on booming optical growth; Texas Instruments Buy ($250) as analog chip demand rises.
Broadcom and Google Team Up to Power Anthropic’s AI Growth
Broadcom teams up with Google to supply custom AI chips through 2031 and provide Anthropic 3.5 gigawatts of computing power.
Credo Surges as Broadcom Delays AI Optics Shift to 2028
Broadcom confirms major AI customers will stick with copper cables in racks through 2028, boosting Credo shares while Lumentum and Coherent dip after Nvidia's optics investments.