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Broadcom stock jumped after OpenAI announced a partnership to co-develop 10 gigawatts of custom AI accelerators, expanding the chipmaker’s foothold in next-generation data infrastructure.
OpenAI and AMD agreed on a multi-gigawatt GPU deployment that could award OpenAI up to 160 million AMD shares. AMD stock surged while rivals cooled.
Berkshire Hathaway agreed to acquire Occidental Petroleum’s OxyChem division for $9.7 billion in cash, marking Warren Buffett’s largest purchase since 2022.
CoreWeave’s stock surged after revealing a $6.3 billion Nvidia agreement guaranteeing purchases of unsold cloud capacity through 2032.