Google's Gemini 3 Sends Broadcom Soaring: TPUs Take Center Stage

Core Insights - Broadcom is benefiting from its long-standing partnership with Google, particularly through the development of tensor processing units (TPUs) [2][3] - Google's recent deal with Anthropic is expected to increase TPU revenue for Broadcom, with analysts favoring Broadcom over NVIDIA due to anticipated demand for TPUs [3] - The release of Google's Gemini 3 AI model has significantly boosted Broadcom's stock, highlighting the effectiveness of its TPU technology [4][6] Group 1 - Google launched its Gemini 3 family of large language models (LLMs), which are being recognized as highly intelligent and performing exceptionally well in comparisons [4] - Gemini 3 Pro is rated as the best LLM on LMArena and holds the top score on the Artificial Analysis Intelligence Index, indicating its competitive edge [4] - Broadcom's TPUs were exclusively used to train Gemini 3, marking a shift from the reliance on NVIDIA GPUs by other LLM developers [5] Group 2 - The success of Gemini 3 enhances Broadcom's competitive positioning in the semiconductor market, allowing it to capture a larger share of AI spending [7] - Broadcom's stock has seen a significant increase following the release of Gemini 3, nearing its all-time high [6] - The performance of Gemini 3 demonstrates that Broadcom's chips can effectively compete with NVIDIA's offerings in the AI space [7]