As one of the largest companies in the world, semiconductor stock Broadcom (NASDAQ: AVGO) naturally has relationships with some of the other most prominent firms on the globe. Due to the market fixation on AI, many have become aware of Broadcom’s relationship with Google's parent company, Alphabet (NASDAQ: GOOG). Alphabet developed its Tensor Processing Units (TPUs) with Broadcom’s chip technology, which it uses to train its AI models.
However, outside of AI, Broadcom also has a historical relationship with the largest public company in the world, Apple (NASDAQ: AAPL). Apple uses Broadcom chips in its wireless consumer devices. This relationship may take on a new form, as Broadcom has reportedly been working with Apple to develop AI chips.
