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OpenAI Unveils First Custom AI Chip With Broadcom | Bloomberg Tech 6/24/2026

Bloomberg’s Ed Ludlow takes a look at OpenAI’s first custom AI chip, called Jalapeno, developed in partnership with Broadcom. Plus, SK Hynix is planning to raise $29 billion in a landmark US listing. And, Cerebras CEO Andrew Feldman weighs in on the company’s first quarterly earnings since going public. Chapters: 00:00:00 – Bloomberg Tech Begins…

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Bloomberg’s Ed Ludlow takes a look at OpenAI’s first custom AI chip, called Jalapeno, developed in partnership with Broadcom. Plus, SK Hynix is planning to raise $29 billion in a landmark US listing. And, Cerebras CEO Andrew Feldman weighs in on the company’s first quarterly earnings since going public.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:14 – Seth Fiegerman, Bloomberg News
00:03:53 – Peter Elstrom, Bloomberg News
00:06:34 – Celine Woo, Lazard Asset Management
00:13:47 – Brody Ford, Bloomberg News
00:19:38 – Rebecca Torrence, Bloomberg News
00:24:00 – Paula Seligson, Bloomberg News
00:26:20 – David George, Andreessen Horowitz
00:38:24 – Andrew Feldman, Cerebras CEO
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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26 Comments

26 Comments

  1. @TnishaUfberg

    June 24, 2026 at 2:27 pm

    I’ve seen enough market cycles to know what this looks like , quiet accumulation and $SPCX24P holding steady through it all.

  2. @BeateThalji

    June 24, 2026 at 2:27 pm

    Not letting go of my $SPCX24P until I see where this really goes

  3. @AntonePhan

    June 24, 2026 at 2:28 pm

    If X and SPCX24P end up joining forces, this could be the easiest win ever.

  4. @IzabelaCarnegie

    June 24, 2026 at 2:28 pm

    SPCX24P feels like a ticking time bomb right now 💣

  5. @VladaShumaker

    June 24, 2026 at 2:28 pm

    Fed rate hikes again? Cool, more time to accumulate $SPCX24P before the next rally.

  6. @JolindaEscajadilla

    June 24, 2026 at 2:29 pm

    If SPCX24P breaks this range, I don’t think people get another calm entry

  7. @KarmaGarvin

    June 24, 2026 at 2:29 pm

    Stocks at all-time highs, gold hitting records… next up might be BTC and SPCX24P 🚀💰

  8. @CarenCarreras

    June 24, 2026 at 2:29 pm

    What’s more predictable at this point, Fed hikes or $SPCX24P strength? 😂

  9. @LyndonShannon

    June 24, 2026 at 2:29 pm

    FOMO is going to kick in soon and SPCX24P might run 50x

  10. @MillerAtif

    June 24, 2026 at 2:29 pm

    How many times do we have to see this pattern before people realize $SPCX24P is being accumulated quietly?

  11. @SahleCancelado

    June 24, 2026 at 2:30 pm

    Every macro red week just makes me more sure about holding $SPCX24P long term.

  12. @TanyaFrewin

    June 24, 2026 at 2:30 pm

    Big wallets piling into SPCX24P ahead of Trump news?

  13. @BittiaJavier

    June 24, 2026 at 2:30 pm

    Is it just me, or does $SPCX24P feel like it’s about to melt faces?

  14. @MateoGinn

    June 24, 2026 at 2:30 pm

    SPCX24P gonna go on a run, all the way UP!

  15. @ZackaryCarpio-y2g

    June 24, 2026 at 2:30 pm

    If $1 really is the bottom for $$SPCX24P, we’re about to witness one of the cleanest reversals of the cycle.

  16. @AlondraMarrone

    June 24, 2026 at 2:32 pm

    Jim Cramer is super bullish with SPCX24P

  17. @ComisionRinehart

    June 24, 2026 at 2:32 pm

    SPCX24P not giving meme coin vibes, more like early cult vibes

  18. @TreweekEarnest

    June 24, 2026 at 2:32 pm

    Amazon will integrate SPCX24P to their chains. Is this uptrend?

  19. @VeroniaJyung

    June 24, 2026 at 2:32 pm

    SPCX24P is building pressure, breakout could be huge

  20. @PawlukWolf

    June 24, 2026 at 2:32 pm

    I believe Trump might support SPCX24P since it’s quite revolutionary

  21. @MarithHaller

    June 24, 2026 at 2:32 pm

    Something about SPCX24P feels messy, bullish, and real at the same time 🚀

  22. @ShewatsehaiVolent

    June 24, 2026 at 2:33 pm

    Sometimes it feels like I’m the only one seeing how clean this $SPCX24P structure is.

  23. @CerboneMuir

    June 24, 2026 at 2:33 pm

    Holding LINK and $SPCX24P but $SPCX24P is the main dish 🍽

  24. @CaseyGerlach-t3p

    June 24, 2026 at 2:33 pm

    If Elon actually backs SPCX24P, this could be massive

    • @royed31

      June 24, 2026 at 4:18 pm

      🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

  25. @royed31

    June 24, 2026 at 4:21 pm

    SPCX24P has all the hallmarks of a standard pump-and-dump or liquidity pull.

    An anonymous creator sets up a token mimicking a high-profile real-world event—in this case, capitalizing on the massive buzz around the actual SpaceX listing (SPCX)—to draw in speculative retail capital on decentralized exchanges. Once the initial hype peaks, the creators or early insiders dump their holdings or drain the liquidity pool, leaving late buyers holding worthless, un-tradable tokens

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Bloomberg Technology

Odd Lots: Why Many Communities Are Skeptical of the AI Boom

From electrical contractors to HVAC engineers, people far from Silicon Valley are quietly asking the same question: Is AI a bubble? Speaking with Joe Weisenthal and Tracy Alloway on Odd Lots, Jasmine Sun explains how local communities weigh the massive economic tradeoffs of multi-year data center projects when they aren’t even sure if the technology—or…

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From electrical contractors to HVAC engineers, people far from Silicon Valley are quietly asking the same question: Is AI a bubble? Speaking with Joe Weisenthal and Tracy Alloway on Odd Lots, Jasmine Sun explains how local communities weigh the massive economic tradeoffs of multi-year data center projects when they aren’t even sure if the technology—or its funding—is here to stay. Listen wherever you get your podcasts.
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Bloomberg Technology

Why Data Center Pushback Is a Unique Form of NIMBYism

Unlike solar farms or housing projects, data centers face a unique challenge: people don’t just oppose them in their own backyards—they question if we need them at all. On Odd Lots, Jasmine Sun tells Joe Weisenthal and Tracy Alloway why the AI industry and policymakers have failed to make a compelling case for the AI…

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Unlike solar farms or housing projects, data centers face a unique challenge: people don’t just oppose them in their own backyards—they question if we need them at all. On Odd Lots, Jasmine Sun tells Joe Weisenthal and Tracy Alloway why the AI industry and policymakers have failed to make a compelling case for the AI buildout, leading to widespread anxiety over resource usage.
——–
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Bloomberg Technology

Apple Cuts Jobs as It Reprioritizes Around AI

Apple is cutting jobs across its Vision Pro, Siri, and Intelligent Systems Experiences teams as it redirects resources toward new devices and artificial intelligence. Bloomberg’s Mark Gurman explains where the reductions are happening and how Apple is reshaping its Siri operation around new AI infrastructure. He also looks ahead to Apple’s foldable iPhone and why…

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Apple is cutting jobs across its Vision Pro, Siri, and Intelligent Systems Experiences teams as it redirects resources toward new devices and artificial intelligence. Bloomberg’s Mark Gurman explains where the reductions are happening and how Apple is reshaping its Siri operation around new AI infrastructure. He also looks ahead to Apple’s foldable iPhone and why the device could prove particularly important in China. He joins Ed Ludlow on “Bloomberg Tech.”
——–
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