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Story perspectives

Broadcom and OpenAI Forge Billions-Strong AI Partnership

11/10/2025

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Story summary
  • Broadcom Inc. and OpenAI formed a four-year partnership to co-develop AI accelerators and supply AI server racks.
  • Financial terms remain undisclosed, though reports indicate the deal could be worth billions.
  • Broadcom reported Q3 sales of $15.9 billion, up 22%.
  • Broadcom also projects AI-related sales to reach $90 billion annually by 2027.
  • Taiwan Semiconductor Manufacturing Company (TSMC) dominates the AI processor market, with revenue up 30% to $33.1 billion.