AI-linked stocks including Oracle and Broadcom fell Thursday after a Financial Times report said OpenAI's annualized revenue was roughly $20 billion below prior indications. At the same time, non-AI names like Home Depot rallied as Treasury yields fell following a strong 30-year bond auction. CNBC's Jim Cramer said the divergence showed the benefit of holding a diversified portfolio rather than concentrating in one investing theme.
cnbc.com
· 2026-10-08
Oracle, Broadcom, and SpaceX are engaging in discussions with lenders to secure substantial debt funding aimed at financing their investments in AI chip technology. These deals are expected to involve tens of billions of dollars each, highlighting the scale of their ambitions in the AI hardware sector.
wsj.com
· 2026-10-07
Rimini Street's '2026 IT Virtualization Survey,' conducted with Unisphere Research across 300 organizations, found that 90% of VMware users are looking at alternative virtualization options because of rising licensing costs, and 54% cited Broadcom's decision to end support for perpetual license holders. The survey also found 73% of respondents rank cost savings as a top priority, while many cite operational complexity, multi-vendor management, security exposure, and skills gaps as barriers to switching.
slashdot.org
· 2026-10-06
A recent survey of 300 global organizations reveals that nearly half of VMware users face operational challenges when considering migration to alternative virtualization platforms. The study highlights issues such as managing multiple vendors, security concerns, and skill gaps as key barriers. Cost increases following Broadcom's acquisition of VMware also influence organizations' virtualization strategies.
arstechnica.com
· 2026-10-06
Sources say OpenAI proposed investing $100 million in Hugging Face, with talks including using Hugging Face as a distribution channel for OpenAI's custom Jalapeño chips built with Broadcom. Those discussions collapsed early, and Nvidia later announced a roughly $13 billion deal to acquire Hugging Face on Sept. 3. AMD was also reportedly in separate talks with Hugging Face around the same time.
cnbc.com
· 2026-09-28
OpenAI's Head of Hardware Richard Ho told Tom's Hardware that the company's new Jalapeño inference ASIC, developed with Broadcom, is designed primarily to meet OpenAI's own growing compute demand. Ho said the chip 'could' be used by others eventually, but that satisfying OpenAI's internal needs remains the priority for the foreseeable future. At Hot Chips 2026, OpenAI shared benchmarks showing Jalapeño running GPT-OSS, DeepSeek R1 and Kimi K2.5 against Nvidia's GB200 and GB300 accelerators.
tomshardware.com
· 2026-09-28
Broadcom CEO Hock Tan told CNBC that his company's AI semiconductor revenue forecasts remain unchanged despite market jitters over Anthropic CEO Dario Amodei's call to slow frontier AI development. Broadcom shares fell 4.8% and chip stocks broadly dropped after Amodei's comments, which drew backing from Sam Altman and Elon Musk. Tan said demand for AI compute infrastructure remains strong and durable, and reaffirmed that Anthropic is set to become Broadcom's largest custom chip customer by 2027.
cnbc.com
· 2026-09-14
OpenAI Korea's general manager Harrison Kim said the company has made significant progress working with Samsung Electronics on next-generation chip development and production. This suggests OpenAI could source future AI accelerators from both Samsung Foundry and TSMC, rather than relying solely on TSMC as it does for its current Jalapeño inference chip built with Broadcom.
tomshardware.com
· 2026-09-09
Marvell Technology CEO Matt Murphy told CNBC that the company's ability to earn trust with major cloud computing customers over ten years has driven its shares up about 241% in the past year, far outpacing rival Broadcom's 6.6% gain. He pointed to new AI partnerships with Nvidia and Google, along with custom chip deals with all four major U.S. hyperscalers, as evidence of that trust paying off.
cnbc.com
· 2026-09-08
Broadcom has removed public access to VMware's Virtual Disk Development Kit (VDDK), a library relied on by major migration tools including Microsoft Azure Migrate, Red Hat's Migration Toolkit, Nutanix Move, and various VMware-to-KVM utilities. Customers report that Broadcom support confirmed the kit is no longer available for general download, though no official announcement or explanation has been issued.
virtualizationhowto.com
· 2026-09-07
VMware's parent Broadcom acknowledged that its sales team overemphasized VCF, its costly private cloud bundle, even when smaller customers wanted the cheaper vSphere Standard product. VCF chief product officer Paul Turner admitted the company has corrected this practice, and executives say an updated vSphere Standard release is coming soon, likely detailed at VMware Explore in Frankfurt in October.
arstechnica.com
· 2026-09-04
Tottenham Hotspur has replaced its stadium's VMware virtualization software with HPE's Morpheus VM Essentials, cutting licensing fees by more than 85 percent. The club is nearing completion of a broader overhaul of its stadium data center, now running on HPE ProLiant Gen12 servers and Alletra storage, managed through HPE GreenLake and OpsRamp.
arstechnica.com
· 2026-09-03
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