Broadcom 8-K

Summary

Broadcom–Google supply agreements and expanded Google/Broadcom–Anthropic AI compute collaboration. Broadcom will develop and supply future-generation TPUs and provide networking and other components for Google’s next-generation AI racks through up to 2031. Anthropic’s expanded compute access is tied to its continued commercial success.

Key Figures

• Anthropic is expected to access approximately 3.5 gigawatts of next-generation TPU-based AI compute capacity through Broadcom beginning in 2027; this is part of multiple gigawatts committed to Anthropic.
• The parties are discussing the deployment with operational and financial partners.

Investor Takeaways

• Watch for Anthropic’s access to begin in 2027; its use of the expanded capacity depends on continued commercial success.
• The discussions with operational and financial partners are a next step for the deployment.