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Broadcom Emerges as Unexpected Winner as Tech Giants Invest Billions in Custom AI Chips

AI Industry News Stocks

2026-07-11 07:13:16

AVGO-0.27%

AMZN-0.68%

MSFT0.19%

META6.01%

NVDA4.06%

According to Bloomberg Intelligence, as major tech companies including Google, Amazon, Microsoft, and Meta ramp up billions in spending on custom AI chips to reduce dependence on Nvidia, Broadcom has unexpectedly emerged as the biggest beneficiary. The chipmaker almost captures every order regardless of which tech giant's chips win out: Broadcom worked with Google on its Ironwood tensor processor and collaborated with OpenAI on custom silicon designs. Broadcom's AI-related revenue reached $5.2 billion in fiscal year 2025 Q3, underscoring its dominant position in the supply chain despite the industry's push to move away from Nvidia.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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