Potential threat to Broadcom's Google TPU business is noted amid capital flight from software to hardware makers, supported by analyst recommendations.

The entities involved

• Broadcom →

  American semiconductor manufacturer

  • Broadcom secures multi-year AI compute agreements with Meta and OpenAI, while also assisting Google with advanced chip designs.Mon 15:40
  • Nvidia, Broadcom, Marvell Technology, AMD, and Qualcomm are currently competing in the high-stakes AI chip market.Mon 15:32
• Google →

  American multinational technology company, a subsidiary of Alphabet Inc.

  • Google referrals for publishers declined by 36%, according to Chartbeat data.Mon 17:38
  • A global center for quantum research is located in Goleta.Mon 16:53
• Morgan Stanley →

  U.S. investment bank

  • Financial firms including Morgan Stanley, Truist Financial, Jefferies Financial Group, and CIBC issued rating and price objective updates for Clearway Energy.Mon 17:33
  • Goldman Sachs, Morgan Stanley, JPMorgan Chase, and Bank of America are competing in the global investment banking sector.Mon 17:24

Related events

• Google will co-design the next generation of its TPU chip (TPUv9) with MediaTek, while acknowledging that Broadcom's market share of Google's silicon will slide.Jul 8
• Broadcom supplies custom AI chips to Google, while MediaTek is eyed as a potential second design partner for Alphabet.Aug 4
• Broadcom, Google, and MediaTek are involved in competitive developments regarding custom AI chips, including long-term agreements and contention for the TPU design partner role.Aug 20
• Marvell, Broadcom, and Google are expanding their partnership for custom AI chip development and infrastructure.Aug 31
• Broadcom signed agreements to supply TPUs and AI networking to Google and OpenAI, benefiting from the robust AI data center build-out cycle.Jun 23