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Rich Duprey

AI's Cash Splash Continues: Meta Platforms and Broadcom Expand Custom Chip Partnership

Broadcom Meta Hyperscalers Microsoft AVGO Google Hock Tan Nvidia Amazon Anthropic

Hyperscalers plan to spend between $635 billion and $665 billion on AI infrastructure in 2026 alone, a 67% jump from 2025. That cash is fueling deals at a record pace. Around Nvidia's (NVDA) GTC 2026 in March, the chipmaker expanded agreements with AWS, Google Cloud, Microsoft (MSFT) Azure, and Oracle (ORCL) OCI.

Google also deepened its compute partnership with Anthropic. AWS struck new ground with OpenAI, while Intel (INTC) teamed up with Google. Last week, Meta Platforms (META) committed an additional $21 billion to AI cloud provider CoreWeave (CRWV) through 2032. Now comes the latest move: Meta and Broadcom’s (AVGO) expanded custom-chip partnership.

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One subscription that gives you access to news from hundreds of sites

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