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Broadcom Nears Buy Point On AI Tailwind

PATRICK SEITZ
  • The company provides an alternative to Nvidia's market-leading AI chips with custom app-specific integrated circuits.
  • Broadcom makes data-center AI chips for Alphabet's Google and Facebook parent Meta Platforms.
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Apple Close To Deal With OpenAI

PATRICK SETIZ
  • Details of that software release will be announced at Apple's Worldwide Developers Conference, which starts June 10.
  • Apple CEO Tim Cook spoke broadly about the potential for AI on Apple devices in a May 2 conference call with analysts.
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