AMD, Nvidia slump as Broadcom gets new customer for AI chip

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Shares of Advanced Micro Devices (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA) fell after a report that OpenAI is set to produce its first AI chip next year in collaboration with Broadcom (NASDAQ:AVGO).

AMD slumped about 5.5%, while Nvidia's shares fell nearly

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AMD, Nvidia slump as Broadcom gets new customer for AI chip

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