Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

OpenAI and Broadcom launch Jalapeño, their first custom AI chip to boost AI speed and accessibility.

Market News
24 Jun 2026
CNBC
View Source
Bullish
pluang ai news

OpenAI and Broadcom have unveiled Jalapeño, their first jointly developed custom AI chip designed to accelerate AI processing for applications like ChatGPT. This chip, an ASIC tailored for specific AI tasks, aims to improve efficiency and make advanced AI more accessible. The collaboration marks a strategic move by OpenAI to reduce reliance on Nvidia GPUs amid soaring demand and build a full technology stack for AI. Initial deployment of Jalapeño chips is planned by the end of 2026, with broader expansion expected in the following years.

More News (AVGO)

Harbor Human Capital Factor US Large Cap ETF falls 3.2% in Q1 2026, slightly underperforming its benchmark.

Harbor Human Capital Factor US Large Cap ETF falls 3.2% in Q1 2026, slightly underperforming its benchmark.

In the first quarter of 2026, the Harbor Human Capital Factor US Large Cap ETF posted a return of -3.20%, slightly underperforming its benchmark, the Human Capital Factor Large Cap Total Return Index, which returned -3.07%. Key detractors from perfor...

Market News
Bearish
6 hours ago
Marvell stock soars 218% in 2026, outpacing Broadcom despite smaller size due to strong AI data center growth.

Marvell stock soars 218% in 2026, outpacing Broadcom despite smaller size due to strong AI data center growth.

In 2026, Marvell Technology's stock surged 218% year-to-date, significantly outperforming Broadcom's 10% rise, despite Broadcom's much larger market value. Marvell's growth is driven by accelerating AI demand in its data center segment, with strong r...

Market News
Bullish
21 hours ago
South Korea's Kospi drops 10% as AI chip stocks tumble; semiconductor suppliers outperform major tech spenders.

South Korea's Kospi drops 10% as AI chip stocks tumble; semiconductor suppliers outperform major tech spenders.

South Korea's Kospi index fell nearly 10% due to foreign investors selling semiconductor stocks, causing circuit breakers to trigger. Analysts suggest the AI investment hype is shifting from major tech spenders like Microsoft, whose stock is down des...

Market News
Bullish
21 hours ago
OpenAI and Broadcom unveil Jalapeño chip to power AI globally, reducing reliance on Nvidia and AMD.

OpenAI and Broadcom unveil Jalapeño chip to power AI globally, reducing reliance on Nvidia and AMD.

OpenAI and Broadcom have unveiled their first custom-designed chip, Jalapeño, aimed at efficiently running AI technologies like ChatGPT. This milestone supports OpenAI's plan to deploy these chips in data centers worldwide, potentially consuming 10 g...

Market News
Bullish
22 hours ago
South Korean stocks plunge $900B amid memory chip shifts and margin debt concerns

South Korean stocks plunge $900B amid memory chip shifts and margin debt concerns

South Korean equities lost over $900 billion in value after the Kospi dropped nearly 10%, driven by SK Hynix and Samsung shares falling over 12%. The selloff followed SK Hynix surpassing Samsung as Korea's most valuable company and concerns over reco...

Market News
Bearish
23 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App