Broadcom's chip president says mystery $10 billion customer isn't OpenAI (www.cnbc.com)

Broadcom chip president Charlie Kawwas told CNBC that OpenAI is not the unnamed $10 billion customer referenced in Broadcom’s Q3 earnings, contradicting analysts who had pointed to OpenAI after the companies jointly announced plans to build racks of OpenAI‑designed chips. Kawwas appeared on "Squawk on The Street" with OpenAI President Greg Brockman to discuss a collaboration to design and deploy custom AI accelerators totaling about 10 gigawatts of capacity, with deployment expected to begin in late 2026 — but Kawwas said OpenAI has not issued the $10 billion purchase order Broadcom cited. The exchange matters because it highlights both the vast scale of upcoming AI infrastructure commitments and continued uncertainty about who will be Broadcom’s major revenue driver. A 10 GW program signals massive data‑center power, supply‑chain and procurement needs and underscores the trend toward bespoke accelerators and tighter hardware/software co‑design. For the AI/ML community, the episode signals fierce competition among silicon vendors and cloud partners to secure large, multi‑billion dollar deals; OpenAI itself is still scaling via recent agreements with AMD, Nvidia and CoreWeave. The lack of clarity on the $10B customer keeps market expectations and Broadcom’s forward revenue projections in flux.