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AVGO Aug 2024 1310.000 put

OPR - OPR Delayed price. Currency in USD
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2.07000.0000 (0.00%)
As of 02:54PM EDT. Market open.
Full screen
Previous close2.0700
Expiry date2024-08-16
Day's range2.0700 - 2.0700
Contract rangeN/A
Open interest93
  • Yahoo Finance Video

    Expect 'massive' Q2 earnings for AI chip stocks: Dan Ives

    Wedbush is out with a bullish call on Palantir (PLTR), raising its price target to $50 for 2025 amid a heated AI race. Wedbush senior equity analyst Dan Ives joins Market Domination to discuss the call and how other Big Tech players are fairing in the AI race. "The AI revolution's here. And when I look at the next step, the use cases, Palantir, I think, is going to really be the one that's front and center in a lot of these deals," Ives argues, calling the company the "Messi of AI." He points to IP (intellectual property) conversion as a major growth area alongside its commercial and government businesses. He adds, "I don't know how you could have a basket of AI stocks and just dismiss Palantir." Broadening the conversation, Ives expects a "massive tech earnings season" for semiconductors: "There's no denying this AI revolution is probably the biggest tech trend we've seen in the last 40, 50 years." Apple (AAPL) is the latest player to enter the AI game, announcing its plans to integrate OpenAI's large-language model into its platforms. Ives states that despite skeptics, the new AI abilities are leading to rising demand for the iPhone 16. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl

  • Reuters

    OpenAI holds talks with Broadcom about developing new AI chip, the Information reports

    OpenAI is exploring the idea of making AI chips on its own to overcome the shortage of expensive graphic processing units that it relies on to develop AI models such as ChatGPT, GPT-4, and DALL-E3. The Microsoft-backed company is hiring former Google employees who produced the online search giant's own AI chip, the tensor processing unit, and has decided to develop an AI server chip, the report added, citing three people who have been involved. "OpenAI is having ongoing conversations with industry and government stakeholders about increasing access to the infrastructure needed to ensure AI's benefits are widely accessible," a spokesperson for OpenAI told the Information.

  • Bloomberg

    Broadcom Gains on Report That It’s Discussing Chip With OpenAI

    (Bloomberg) -- Broadcom Inc. shares gained almost 3% on Thursday after the Information reported that it has discussed making an artificial intelligence chip for OpenAI, potentially vaulting it further into Nvidia Corp.’s territory. Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOBiden Faces Intensified Calls to Step Aside While Ill With CovidWall Street’s ‘Great Rotati