How Broadcom quietly became a $700bn powerhouse

Hock Tan, CEO of Broadcom at a conference

2024-09-05  884  中等

Like Nvidia and TSMC, Broadcom has profited richly from the AI frenzy. Tech giants such as Google, Amazon and Microsoft rely heavily on Nvidia’s processors to run their AI models, but they have also been developing their own custom chips, and have turned to Broadcom for help. A recently released version of Google’s AI chip was developed by Broadcom. OpenAI, the maker of ChatGPT, is reportedly exploring designing a custom chip with the company’s assistance. Broadcom has also benefited from its position as one of the leading suppliers of networking chips for data centres and its ownership of VMware, which makes software for in-house “private clouds”. Demand for both has rocketed amid the AI mania.

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