NasdaqGS:AVGOSemiconductor
Broadcom Deepens Custom AI Chip Leadership While Customer Risks Build
Broadcom (NasdaqGS:AVGO) is expanding its role in custom AI semiconductor solutions for hyperscale customers including Google, Meta, OpenAI, and Microsoft.
The company has signed a multibillion dollar agreement with OpenAI and is collaborating with Google on next generation TPU chips.
Industry forecasts indicate Broadcom could reach about 60% market share in custom AI silicon by 2027, with AI chip shipments potentially tripling and AI semiconductor revenue expected to double in the near...