Broadcom reveals its mystery $10 billion customer is Anthropic

Core Insights - Broadcom has secured a significant $10 billion order from AI lab Anthropic for custom chips, specifically the latest Google tensor processing units [1][2] - In addition to the initial order, Anthropic has placed an extra $11 billion order with Broadcom in the latest quarter [2] - Broadcom's CEO, Hock Tan, indicated that the company is delivering entire server racks to Anthropic, marking it as their fourth XPU customer [5] Company Developments - Broadcom typically does not disclose its large customers, but the recent order from Anthropic has attracted investor attention amid the AI infrastructure boom [3] - The company produces custom chips known as ASICs, which are believed to be more efficient for certain AI algorithms compared to Nvidia's dominant chips [4] - Broadcom has also secured a fifth customer for its custom chip business, which placed a $1 billion order during the fourth quarter, although the identity of this customer remains undisclosed [5]