Broadcom Inks Major AI Chip Deals With Google and Anthropic

The rise of artificial intelligence (AI) has sparked a data center boom needed to support the technology. While graphics processing units (GPUs) supported the first wave of AI adoption, power consumption has become an important consideration, prompting some operators to seek energy-saving alternatives. Broadcom (NASDAQ: AVGO) has profited from this trend, as its Application-Specific Integrated Circuits (ASICs) have become a viable alternative to GPUs. These specialized chips can be customized to specific use cases to be more efficient.The networking and AI chip specialist just signed major agreements with Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google and AI start-up Anthropic to design and produce the next generation of AI processors.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool