Broadcom Collaborates with OpenAI to Launch Jalapeño AI Chip in Record Time
Broadcom (AVGO) has partnered with OpenAI to develop the Jalapeño chip, a custom AI processor designed for large-language-model inference. The chip was developed and manufactured in just nine months—setting a new speed record—and showcases Broadcom's strategy of co-designing application-specific integrated circuits (ASICs). Despite this milestone, market positioning data indicates that investor money is flowing more toward rivals like Micron Technology (MU) and Advanced Micro Devices (AMD), suggesting mixed sentiment.