Broadcom (NASDAQ: AVGO ) just landed a massive AI infrastructure deal with OpenAI. We are talking about massive scale, which is 10 gigawatts of AI accelerators, enough power to run a small city. Apart from this massive deal, there areComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental analysis of public companies paid off and now ...

US stock markets are experiencing a renewed wave of volatility this Tuesday, October 14, 2025, as escalating trade tensions between the United States and China overshadow a robust start to the third-quarter earnings season. After a significant rebound on Monday, driven by a temporary easing of trade rhetoric, markets opened lower today, reflecting investor apprehension over Beijing's retaliatory measures. By midday, a mixed picture emerged, with major indexes attempting to pare some of their initial losses, ...

CHINA - 2025/09/24: In this photo illustration, Broadcom's logo is displayed on the screen of the tablet. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesOver the past decade, Broadcom stock (NASDAQ: AVGO) has returned an impressive $51 billion to its investors through direct cash in the form of dividends and buybacks. This shareholder-focused strategy has delivered extraordinary results in 2025, with the stock posting a remarkable 50% y ...

数据截至10月14日23:31 记者丨叶麦穗 郑青亭 刘雪莹 编辑丨包芳鸣 和佳 江佩霞 北京时间10月14日晚，美股三大股指回调，纳斯达克综合指数一度跌近2%。 截至23:30左右，英特尔跌5.5%，英伟达、博通跌超3%，甲骨文、特斯拉、台积电等热门股均明显下跌。 | 1小时爆仓 | $0 | 4小时爆仓 | $0 | | --- | --- | --- | --- | | 多車 | $0 | 多東 | $0 | | 空車 | $0 | 空車 | $0 | | 12小时爆仓 | $0 | 24小时爆仓 | $0 | | 念東 | $0 | 多東 | $0 | | 空車 | $0 | 空車 | $0 | 白 银 、 原 油 下 | | | 加密货币集体大跌，比特币跌2.25%，以太坊跌破4000美元关口。 近24小时内超20.6万人爆仓，爆仓金额近6.7亿美元。 | 而中 | 价格 | 价格(24h%) | | --- | --- | --- | | 日 BTC | $111350.1 | -2.25% | | ETH | $3969.19 | -3.00% | | III SOL | $196.04 | + ...

In Brief OpenAI has landed a new hardware partner. The AI research lab announced Monday it formed a partnership with semiconductor company Broadcom for 10 gigawatts worth of custom AI accelerator hardware. These AI accelerator racks will be deployed to OpenAI data centers and partner data centers starting in 2026 and running through 2029. “By designing its own chips and systems, OpenAI can embed what it’s learned from developing frontier models and products directly into the hardware, unlocking new levels ...

JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...

JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...

Source: TradingView.com Key Takeaways Broadcom shares lost ground in early trading Tuesday, giving back a portion of the big gains posted yesterday following news that the chip giant had forged a deal with ChatGPT maker OpenAI. Buying in the stock accelerated yesterday on the highest trading volume in over a month, a move that coincided with the relative strength index reclaiming the 50 threshold to signal a return of bullish price momentum. Investors should watch key overhead areas on Broadcom's cha ...

OpenAI (OPENAI) is reportedly working with Softbank’s (OTCPK:SFTBY) (OTCPK:SFTBF) subsidiary Arm (NASDAQ:ARM) to develop a central processing unit chip, as part of its larger deal with Broadcom (NASDAQ:AVGO). The British chip designer’s shares were extending their gains on Tuesday morning, climbing ...

涉及的行业与公司 * 行业为半导体行业[6] * 公司为博通公司 Broadcom Inc (股票代码 AVGOO AVGO US)[1][6] 核心观点与论据 重大合作公告 * 博通与OpenAI宣布达成多年合作伙伴关系 共同开发10 GW的定制AI加速器和网络系统[3] * 部署将于2026年下半年开始 并在三年内逐步扩大[3] * 博通将向OpenAI提供包含其以太网 PCIe和光通信产品的ASIC机架[3] * 此次合作凸显了AI推理能力的巨大需求和OpenAI的雄心[3] 客户拓展与市场地位 * 此次合作使博通的XPU客户数量可能达到5家 包括谷歌 Meta 字节跳动 第四家客户以及OpenAI[4][9] * 第四家客户身份未确认 但Anthropic是可能的候选者[4][10] * 博通现已与其7家潜在客户中的5家建立了合作关系[10] * 博通是领先的ASIC定制芯片供应商 有望从AI硬件生态系统的多元化中受益[12] 财务预测与估值调整 * 摩根士丹利将博通的目标股价从382美元上调至409美元[1][5][9][18] * 基于此次公告 将2027财年AI数据中心收入预测提高约80亿美元 从652亿美元上调至732亿美元[9][16] * 由于销售整个机架 预计毛利率将低于仅销售XPU芯片 假设该业务毛利率约为45% 而XPU业务毛利率在50%以上[15][17] * 2027财年非GAAP营收 毛利率 每股收益预测分别从1120亿美元 710% 1147美元调整为1200亿美元 694% 1187美元[17] * 估值基础更新为2027财年ModelWare每股收益997美元 采用410倍市盈率[18][20] 机遇与风险分析 * 积极因素：合作是对博通规模升级以太网SUE的肯定 验证了其将网络解决方案与XPU捆绑销售的能力 博通还在未来XPU技术路线图中提到了光学集成[11] * 风险与挑战：将10GW的规模视为乐观情景 实际部署可能因融资条件和技术执行而存在显著差异[12][15] OpenAI同时与英伟达和AMD达成类似合作 此类公告增多可能稀释每个单独合作的重要性[12] 定制加速器开发复杂 行业内部署延迟常见 在首颗芯片尚未完成前预测120亿美元收入显得雄心勃勃[4] 最终市场份额将取决于产品的实际投资回报率 目前难以判断[13][14] * 行业背景：一场通用人工智能AGI军备竞赛正在进行 超大规模企业和大型语言模型开发商正在多路径投资 目前投资不足的风险大于过度投资[14] 整体市场规模TAM正在快速增长 但最终会收敛于投资回报率最高的解决方案[14] 其他重要内容 公司基本数据与评级 * 截至2025年10月13日 博通股价为35670美元 市值约为17336亿美元[6] * 摩根士丹利对博通的股票评级为增持 行业观点为具吸引力[6][9] * 摩根士丹利对博通2026财年和2027财年的非GAAP每股收益预测分别为948美元和1187美元[18][26] 风险回报分析 * 看涨情景目标价为559美元 概率约为69%[23][25] * 看跌情景目标价为261美元 概率约为292%[23][30] * 关键上行风险包括AI收入强于预期 核心半导体业务更快复苏 VMware协同效应实现[36] * 关键下行风险包括网络业务份额输给英伟达 ASIC芯片缺乏竞争力 VMware整合执行不力[36]