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Broadcom (AVGO) Is Up 13.1% After Expanded Meta AI Chip Partnership - What's Changed
YahooApr 16, 2026
Earlier this week, Meta Platforms announced an expanded multi-year, multi-generation partnership with Broadcom to co-develop custom MTIA AI accelerator chips and Ethernet networking that will underpin Metaβs rapidly growing AI data centers through at least 2029. The scale of the agreement, including an initial commitment of over one gigawatt of custom compute capacity, underscores how deeply Broadcom is embedding itself in the AI infrastructure roadmaps of the largest platforms. Weβll now...
