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Broadcom extends supply agreement with Google on custom AI chips

Broadcom announced an extended deal to supply custom AI networking chips to Google, as the company scales multi-rack GPU clusters. Revenue from the partnership surged, signaling deepening commitment to AI infrastructure.

WHY IT MATTERS

Custom chip supply chains lock in cloud-AI advantage for hyperscalers. Banks and insurers depending on Google Cloud for LLM inference face switching costs; chip supply became a strategic moat for frontier AI deployment.

Source: MSN · 2026-05-23

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Broadcom extends supply agreement with Google on custom AI chips — ath