Nvidia, AMD Stocks Slip. Broadcom Says It Will Gain Market Share in AI Chips.
1. Nvidia shares fell 4.01% amid concerns over market share erosion. 2. Broadcom reported strong demand for AI chips and received $10B in orders. 3. Analysts believe OpenAI is shifting some workloads away from Nvidia. 4. Broadcom CEO indicates growing confidence in custom AI chip adoption. 5. Custom AI chip market share expected to rise from 11% to 15% by 2030.