OpenAI and Broadcom have unveiled Jalapeño, a new AI accelerator chip specifically designed for large language model (LLM) inference. Developed in just nine months, Jalapeño promises better performance per watt than current leading AI chips, aiming to make AI faster, more reliable, and more accessible. The chip is built to support current and future LLMs, including GPT-5.3-Codex-Spark, and will be deployed at gigawatt scale in data centers with partners like Microsoft. This launch marks a key step in OpenAI's strategy to build a full-stack AI platform from models to hardware, with Broadcom providing silicon and networking expertise for large-scale production.
Netlist has prompted the US International Trade Commission (ITC) to investigate Samsung and its customers Google, Supermicro, Nvidia, and Broadcom for allegedly infringing two Netlist patents related to Samsung's high-bandwidth memory and DDR5 memory...
Standard Chartered has partnered with Broadcom to modernize its global banking infrastructure by adopting a secure, resilient private cloud using VMware Cloud Foundation. This upgrade supports critical banking services across 54 markets with enhanced...
The SPDR NYSE Technology ETF (XNTK) has significantly outperformed the Invesco QQQ Trust (QQQ) over the past year, returning 51.65% compared to QQQ's 28.43%. XNTK uses an equal-weight approach focusing solely on about 35 tech leaders, capturing broad...
TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...
The Direxion Daily Semiconductor Bull 3X Shares (SOXL) surged nearly 293% year-to-date but recently fell about 30% in the last month, including a sharp 16% drop in one day. SOXL uses leverage to triple daily semiconductor index returns, but this also...
