Broadcom shares rally on new AI deal, CEO's assurance

(Reuters) -Broadcom shares jumped 7% in premarket trading on Friday, as an upbeat outlook for artificial intelligence revenue and CEO Hock Tan’s pledge to stay on for five more years reassured investors betting on the chipmaker’s custom silicon strategy. The firm, one of the world’s most valuable chipmakers, has become a key player in the generative AI boom by designing custom semiconductors for cloud giants seeking alternatives to Nvidia’s GPUs. The company on Thursday said it has secured over $10 billion in AI infrastructure orders from a new customer, with Tan forecasting “significantly improved” AI revenue growth in fiscal year 2026.

Virtual panel: How software engineers and team leaders can excel with artificial intelligence

Artificial intelligence is impacting the individual work of software developers, how professionals work together in teams, and how software teams are being managed. In this panel, we’ll discuss how artificial intelligence is reshaping software development, and what mindset and skills are required for software developers and engineering leaders to become adaptable and resilient in the age of AI.

šŸ› ļø OpenAI Partners with Broadcom for Custom AI Chips

OpenAI is collaborating with Broadcom to develop proprietary artificial intelligence chips slated for production by 2026. This strategic move highlights advancements in AI hardware, aimed at enhancing computational efficiency. The partnership may impact the tech ecosystem significantly as they push the boundaries of AI capabilities.

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