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699 Meta extends Broadcom deal to develop AI chips

Tech Wire Asia
Muhammad Zulhusni @ Tech Wire Asia 3 place · 04/17/2026 05:00 EDT

Meta extends Broadcom deal to develop AI chips

Meta extends Broadcom AI chip deal to 2029. May reduce reliance on Nvidia, increase control over AI infrastructure. Large tech firms are designing their own hardware as spending on AI infrastructure increases. Hyperscaler spending on AI infrastructure is expected to increase in 2026, with some estimates placing total investment between $635 billion and $665 billion. ...

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