Broadcom reportedly working to arrange more than $50 billion for OpenAI’s custom AI chip

The Wall Street Journal reports Broadcom has been working to arrange more than $50 billion in financing for a custom chip it is developing with OpenAI. A user quotes the Journal saying the financing could include several gigawatts of OpenAI chip capacity and the deal was expected to close by the end of 2026. The user says that, depending on timing, this could be materially higher than the 1.3 gigawatts for 2027 cited on Broadcom’s earnings call.