Overview

• Under the multi‑year deal, OpenAI designs the accelerators and systems and Broadcom builds, integrates, and deploys full racks using its Ethernet‑based networking.
• Installations begin in the second half of 2026 and continue through 2029 across OpenAI facilities and partner data centers.
• Broadcom’s shares jumped, adding roughly $150 billion in market value following the announcement.
• The 10‑gigawatt scale highlights a vast power footprint, with reports noting it is comparable to the electricity usage of more than 8 million U.S. households.
• The agreement extends a rapid series of capacity moves that include a 6‑gigawatt AMD supply with warrants that could give OpenAI up to about a 10% stake, a Nvidia letter of intent tied to 10 gigawatts and up to $100 billion, and a large Oracle cloud commitment that multiple outlets have reported at roughly $300 billion, drawing scrutiny over financing, concentration, and execution risks.