Broadcom shares are trading higher following a report suggesting OpenAI is in talks with the company about developing a new chip.
Portfolio Pulse from Benzinga Newsdesk
Broadcom shares are trading higher following a report suggesting OpenAI is in talks with the company about developing a new chip.
July 18, 2024 | 7:23 pm
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Broadcom shares are trading higher due to reports that OpenAI is in discussions with the company to develop a new chip.
The news of a potential partnership with OpenAI, a leading AI research organization, is likely to boost investor confidence in Broadcom's future growth prospects, leading to a positive short-term impact on its stock price.
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