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Barchart
Barchart
Sushree Mohanty

Broadcom Just Named Its Next AI Customer. It Isn’t Google.

Broadcom Google Anthropic AVGO Hock Tan

Broadcom’s (AVGO) artificial intelligence (AI) story has been closely linked to Alphabet (GOOGL) for years now. The relationship is still getting bigger, with the company now expecting to supply Google with tens of billions of dollars of Tensor Processing Units (TPUs) each year over the next several years. However, Broadcom’s third-quarter earnings call revealed there may be a new customer that is becoming increasingly important for the company.

Who is Broadcom’s next big AI customer and what does it mean for AVGO stock? Let's take a closer look.

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