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Barchart
Anushka Dutta

Broadcom Is Making AI Chips with Google. Does That Make AVGO Stock a Buy Now?

Chip giant Broadcom (AVGO) revealed that it has landed a long-term partnership with Alphabet’s (GOOG)(GOOGL) Google to produce the future versions of its artificial intelligence (AI) chips. Broadcom helps Google make its custom tensor processing units (TPUs). 

The company also signed a deal with Anthropic, which gives the popular AI startup access to about 3.5 gigawatts worth of computing capacity, drawing on Google’s AI processors. This builds on Broadcom’s existing partnership, as on the last earnings call, Broadcom CEO Hock Tan said the firm has had a “very good start in 2026” by providing 1 gigawatt of compute from Google’s TPUs. 

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