Overview

• Broadcom disclosed more than $10 billion in AI infrastructure orders from a newly added customer and said the win will lift its fiscal 2026 AI revenue outlook.
• Multiple outlets, citing people familiar, report the customer is OpenAI and that Broadcom co-designed an accelerator OpenAI plans to use internally, with initial shipments targeted for next year and volume in 2026.
• Broadcom shares jumped in early trading after the announcement, and CEO Hock Tan said he will remain at the helm through 2030 as the company guides fourth-quarter AI semiconductor sales to about $6.2 billion.
• Nvidia remains the leading AI GPU supplier after reporting roughly $46.7 billion in fiscal Q2 revenue and beginning shipments of new Blackwell-family systems, though its stock eased as investors weighed the rise of custom silicon.
• Chinese internet firms continue to seek Nvidia’s H20 GPUs despite regulatory questioning, and companies are tracking a potential Blackwell-based China chip, highlighting ongoing demand and policy uncertainty in a key market.