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Broadcom Inc. (NASDAQ:AVGO) shares are up on Friday. The up move follows a landmark AI infrastructure partnership involving Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Anthropic.
On Friday, the Nasdaq was up 0.25% while the S&P 500 had shed 0.18% as of the last check.
Landmark AI Partnership
The surge stems from a long-term agreement to secure multiple gigawatts of next-generation Tensor Processing Unit (TPU) capacity. This infrastructure will power Anthropic’s frontier Claude models. Broadcom plays a critical role in designing Google’s TPUs.
This deal aims to strengthen U.S. AI infrastructure and meet surging global demand.
Anthropic Revenue Explosions
Anthropic’s financial growth provides a …
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