Broadcom
The quiet giant of custom AI silicon and the switch chips inside every fabric.
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Broadcom co-designs the hyperscalers' in-house accelerators — Google's TPU line most famously, with Meta and others as disclosed custom-ASIC customers and an OpenAI partnership announced in 2025 — while its Tomahawk and Jericho switch silicon underpins AI Ethernet fabrics everywhere. Its AI semiconductor revenue guidance kept re-rating upward through 2025, making it the second-most valuable chip company after NVIDIA.
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