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Apple chip supplier Broadcom hits $1 trillion market valuation for first time

Broadcom Inc's stock rose 24 per cent to $224.80 in New York on Friday, its biggest one-day share-price rally since August 2009.

Broadcom Inc. is a chip-supplier for Apple Inc., and other big tech companies. (Getty Images via AFP)
Updated on Dec 15, 2024 01:54 PM IST

OpenAI is working with Broadcom to develop AI inference chip

Broadcom is the largest designer of application-specific integrated circuits — chips designed to fit a single purpose specified by the customer

OpenAI logo is seen in this illustration taken on February 3.(Reuters)
Published on Oct 30, 2024 07:28 AM IST
Bloomberg |
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