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Stock impact report

ByteDance and Broadcom in Talks to Develop Advanced AI Chip [Yahoo! Finance Canada]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Most Read from Bloomberg The US chip designer and Beijing-based ByteDance have talked about a 5-nanometer purpose-built chip, according to a person familiar with the discussions. No deal has yet been reached between the two companies, and Broadcom already supplies an older-generation 7nm AI processor for use in ByteDance's data centers, the person said, asking not to be named as the information is private. ADVERTISEMENT The proposed chip would comply with US trade restrictions on China, Reuters said in an earlier report citing anonymous sources. The two companies' existing business relationship largely revolves around server and networking gear, and Broadcom has cited ByteDance as a customer in its press releases. In March, Broadcom told investors that it added a new customer for its consumer AI accelerator business and it will be shipping products to that company in the next few months, without providing a name. Should the pair reach a deal, the customized chip would be ma Show less Read more
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