Broadcom and OpenAI Just Unveiled the New Jalapeño AI Chip. What That Means for AVGO Stock.
Broadcom and OpenAI Just Unveiled the New Jalapeño AI Chip. What That Means for AVGO Stock. Anushka Mukherji Sat, June 27, 2026 at 7:00 AM PDT 6 min read AVGO CLS.TO Semiconductor giant Broadcom (AVGO) grabbed the spotlight on June 24 after joining forces with OpenAI to unveil Jalapeño, OpenAI's first custom-built artificial intelligence (AI) chip, designed to power the next generation of AI models. The chip is the first AI accelerator in a multi-generation computing platform that the two companies are developing together to make AI faster, more reliable, and more affordable to deploy at scale. OpenAI designed Jalapeño based on its deep understanding of the ways in which AI models like ChatGPT work, while Broadcom and Celestica (CLS) helped transform the design into a production-ready chip. Their work included chip manufacturing, system integration, high-speed networking, and building the infrastructure needed to produce the chips at scale. Jalapeño is designed to support both cur...
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