Broadcom Inc. (NASDAQ:AVGO), alongside OpenAI, unveiled Jalapeño, OpenAI’s first custom Intelligence Processor designed specifically for large language model (LLM) inference on Wednesday. • What’s ahead for AVGO stock?Custom Chip DevelopmentMulti-Generation Infrastructure RoadmapThe hardware marks the first step in a multi-generation compute platform planned for initial deployment by the end of 2026. “By co-developing our industry-leading silicon directly with OpenAI, we are enabling the deployment of gigawatt-scale data centers with Microsoft and other partners beginning in 2026,” Broadcom President and CEO Hock Tan stated.Early testing indicates the chip delivers performance per watt substantially better than current state-of-the-art accelerators. “Based on early testing, Jalapeño will efficiently execute our most important workloads close to the hardware’s theoretical limits,” said Richard Ho, leader of OpenAI’s hardware program.AVGO Technical Levels To Watch This WeekThe bigger technical story is that Broadcom is still in a pullback from its June swing high, trading 6.8% below its 20-day SMA and 7.6% below its 50-day SMA, even though it remains 3% above the 100-day and 5.6% above the 200-day. That mix often reads as "short-term cooling inside a longer-term uptrend," especially with the golden cross that formed in April still intact (50-day above 200-day).