Group 1 - Broadcom, a chip giant with a market capitalization of $1.65 trillion, recently conducted layoffs primarily affecting sales, customer success, customer management, and solutions departments [2] - The exact number of layoffs remains unclear, but Broadcom has been implementing rolling layoffs, including significant cuts to its recently acquired software company VMware, which has seen its workforce reduced by about half [2] - Broadcom has benefited significantly from the AI boom by designing chips for AI technologies, having first surpassed a $1 trillion market cap at the end of last year [2] Group 2 - This week, Broadcom signed a strategic agreement with OpenAI to provide a customized AI accelerator with a capacity of 10 gigawatts (GW) [2] - The company has been continuously raising prices for VMware products following the acquisition [2] - Broadcom has not responded to media requests for comments regarding the layoffs [2]
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