Broadcom Shares Dip After Report On $18 Billion Financing Snag In OpenAI Chip Deal

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Broadcom Shares Dip After Report On Billion Financing Snag In OpenAI Chip Deal

By Amir Efrati
Publication Date: 2026-05-07 20:17:00

Broadcom’s stock dropped 2% following a report in The Information about an $18 billion financing snag in the chipmaker’s custom AI processor deal with OpenAI. Shares have partly recovered since then.

Broadcom has stipulated it will only finance the initial phase of production if Microsoft agrees to purchase roughly 40% of the newly designed processors. But while Microsoft has earmarked data

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