Google discussed dropping Broadcom as AI chips supplier: Report
The HinduAlphabet-owned Google has discussed dropping Broadcom as a supplier of artificial intelligence chips as early as 2027, The Information reported on Thursday, sending Broadcom shares down 5% in premarket trading. If that happens, Google will design the chips - known as tensor processing units - in-house, the report said, adding that executives set a goal earlier this year to ditch Broadcom following a standoff between the companies over the price Broadcom was charging for the chips. Broadcom CEO Hock Tan recently said that generative AI could account for more than 25% of the company's semiconductor revenue next year. The Information also said that Google has been working since last year to replace Broadcom with chipmaker Marvell Technology for an advanced chip internally code-named Granite Redux.
History of this topic
Apple chip supplier Broadcom hits $1 trillion market valuation for first time
Hindustan Times
Broadcom stock jumps 21%, hits four-year high on AI boom to top $1 trillion market value for first time
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Google moves AI chip engineering team to Google Cloud
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