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Here's your TNB Tech Minute for Thursday, March 5th.

I'm Danny Lewis for the Wall Street Journal.

Chipmaker Broadcom posted higher sales in the latest quarter as demand for the hardware and

software powering artificial intelligence grows and diversifies. During an investor call,

CEO Hawk Tan said AI revenue more than doubled to $8.4 billion. He said demand is now coming from both hyperscalers,

like Google and Anthropic, as well as regular companies looking to build out their own AI agents.

Elsewhere in the chip industry, a top South Korean official says a prolonged Middle East conflict

could choke off shipments of critical materials needed to produce semiconductors.

The lawmakers said that increased energy costs from rising oil prices could disrupt South

Korea's chip industry, undermining the price competitiveness of semiconductors.

The country is a chip-making powerhouse, making up a significant portion of global supply

and producing almost 75% of the world's DRAM memory chips.

Also, the owner of the New York Stock Exchange is investing in one of the world's largest cryptocurrency exchanges.

Intercontinental Exchange has invested in OKX in a deal valuing the China-based crypto exchange at $25 billion.

The financial services company will license OKX's spot crypto prices

...