AVGO Jun 2024 1375.000 call
| Previous close | 324.90 |
| Open | 322.73 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 1,375.00 |
| Expiry date | 2024-06-28 |
| Day's range | 322.73 - 324.90 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
BloombergByteDance and Broadcom in Talks to Develop Advanced AI Chip
(Bloomberg) -- ByteDance Ltd. and Broadcom Inc. have discussed a potential collaboration on an AI processor to help bolster the TikTok parent’s development of that technology.Most Read from BloombergHow Long Can High Rates Last? Bond Markets Say Maybe ForeverNvidia Sales Grow So Fast That Wall Street Can’t Keep UpRussia Is Storing Up a Crime Wave When Its War on Ukraine EndsYen Is Under Pressure Even as Japan Steps Up Its Verbal WarningsCDK Hackers Want Millions in Ransom to End Car Dealership O
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Apple's EU issues, Broadcom's chips, talks over EV tariffs - what's moving markets
Apple (NASDAQ:AAPL) has run into regulatory difficulties in the European Union.
ReutersExclusive: China's ByteDance working with Broadcom to develop advanced AI chip, sources say
China's ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok's owner secure sufficient supply of high-end chips amid U.S.-Sino tensions. The 5 nanometre chip - a customised product known as an application-specific integrated chip (ASIC) - would be compliant with U.S. export restrictions and manufacturing work would be outsourced to Taiwan's TSMC, the sources added. ByteDance's tie-up with Broadcom, an existing business partner, would help slash procurement costs and ensure a stable supply of higher-end chips, said the sources.
