Broadcom: Is the Next Deal for Custom Chips with Microsoft on the Horizon?

The success of Alphabet with Gemini 3, which were trained with its own TPUs, puts more focus on the providers of custom AI chips. The leading company in this market is Broadcom , which has been collaborating with Alphabet for years and is the key partner for the success of its own TPUs. The revenue potential for Broadcom from the collaboration with Alphabet is considered significant and could multiply if Alphabet not only uses its TPUs internally but also offers them to external customers - the so-called hyperscalers. Analysts anticipate a demand...