On October 13, CoinWorld reported that OpenAI announced a partnership with Broadcom (AVGO.O) to jointly produce its first self-designed artificial intelligence processor. This is the latest chip collaboration OpenAI has made to ensure computing power supply and meet the surging demand for AI. Broadcom (AVGO.O) stock rose over 12% in pre-market trading. Both parties stated on Monday that OpenAI will be responsible for chip design, and Broadcom will start developing and deploying it in the second half of 2026, planning to launch a custom chip with a total computing power of 10 gigawatts, consuming as much electricity as over 8 million American households. OpenAI CEO Sam Altman stated in a statement: “The partnership with Broadcom is a key step in building the infrastructure needed to unleash the potential of AI.” The financial details of the agreement have not been disclosed, and it is currently unclear how OpenAI will finance this.