Broadcom(US:AVGO) 硬AI·2025-10-14 13:35Core Viewpoint - Broadcom's announcement of a $10 billion customer is not OpenAI, leading to renewed speculation about the identity of this major client [2][7]. Group 1: Customer Identity Clarification - Broadcom's Semiconductor Solutions Group President Charlie Kawwas confirmed that OpenAI is not the $10 billion customer mentioned in the September earnings call [2]. - The market had previously speculated that OpenAI was the new major client, but this was officially denied during a CNBC appearance [2][3]. - With OpenAI excluded from the list of potential clients, investor focus will shift back to identifying the true $10 billion customer, especially given the rising demand for AI chips [2][3]. Group 2: Collaboration with OpenAI - Broadcom and OpenAI have been collaborating for 18 months, with plans to deploy custom-designed AI accelerator chip racks starting at the end of next year, and the project is expected to be completed by 2029 [5][6]. - OpenAI's President Greg Brockman stated that building proprietary chips allows the company to embed learnings from developing cutting-edge models directly into hardware, enhancing capabilities and intelligence [6]. Group 3: Market Context - Analysts generally believe that major clients for Broadcom include Google, Meta, and ByteDance, the parent company of TikTok, although specific identities of large-scale network customers are not disclosed [4].