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Broadcom shares jump on long-term AI chip and networking deals with Google [Yahoo! Finance]
Last broadcom inc. earnings: 3/12 04:15 pm
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US:NASDAQ Investor Relations: investors.broadcom.com
with Google (NASDAQ:GOOGL). The Monday filing reveals a deep commitment to co-developing custom silicon and networking infrastructure through the coming years. Under the new terms, the companies entered into a "Long Term Agreement for Broadcom to develop and supply custom Tensor Processing Units (“TPUs”) for Google's future generations of TPUs." This partnership ensures Broadcom remains the primary design partner for the specialized chips that power Google's most advanced artificial intelligence models. The collaboration also includes a "Supply Assurance Agreement for Broadcom to supply networking and other components to be used in Google's next-generation AI racks through up to 2031." These components are critical for connecting massive clusters of chips required to train and run neural networks like Google's Gemini. Beyond the hardware production, the deal extends to third-party AI developers through a tri-party expansion involving Anthropic PBC. The filing notes that "Anthrop
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