Broadcom agrees to expanded chip deals with Google and Anthropic
Welcome back to the exchange. In a deal that could reshape the AI market, shares of Broadcom are moving higher on a deal to develop and supply Google's in-house chips for the next 5 years. Mackenzie Sagalos brings us more in today's tech check.Hi, Mackenzie. Hey, Kelly. So, Broadcom may be getting the bounce today, up around 5% right now as it becomes this new arms dealer for this AI custom chip era, but Google is the one turning that demand into a full stack mode.now monetizing nearly every layer of its AI ...