Broadcom shares jump before the bell as chipmaker agrees Google and Anthropic deals
Summary
Broadcom, a chip designer, announced new deals to produce AI chips for Google and expanded its partnership with Anthropic (an AI company), causing its stock price to rise 3.7% in premarket trading. The deals include revenue commitments and access to computing capacity, which analysts believe signal strong future demand for custom AI chips and may ease investor concerns about competition.
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Original source: https://www.cnbc.com/2026/04/07/broadcom-shares-jump-before-bell-google-deal.html
First tracked: April 7, 2026 at 08:00 AM
Classified by LLM (prompt v3) · confidence: 85%