Broadcom-OpenAI Deal Boosts AI Growth Prospects: Tech ETFs in Focus
ZACKS·2025-10-14 17:06
ChatGPT developer OpenAI recently signed a contract with yet another renowned chipmaker, Broadcom ((AVGO), in its latest bid to power data centers in support of the rapidly growing artificial intelligence (AI) demand. This multi-year contract, aimed at deploying 10 gigawatts of custom AI accelerators, marks the fourth such mega deal signed by OpenAI this year with chipmakers. It further underscores the fact that the AI boom is firmly entrenched. For investors, this continued momentum offers the advantage of ...