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.…
AI server chip maker Advanced Micro Devices said Tuesday that its revenue growth would accelerate eight percentage points to 46% in the current quarter, after rising 38% to $10.3 billion in the first quarter. Shares rose 16% in after-hours trading.…
OpenAI missed an internal revenue goal during the first quarter, according to a person with knowledge of the situation, after the company’s ChatGPT chat previously missed user-growth goals.…
