tech
April 14, 2026
Meta commits to one gigawatt of custom chips with Broadcom as Hock Tan agrees to leave board
Meta commits to deploying 1 GW of custom in-house MTIA chips co-designed with Broadcom in sweeping new multiyear deal announced Tuesday
TL;DR
- Meta Platforms and Broadcom have signed a sweeping deal to extend their partnership for Meta's custom AI accelerators through 2029.
- Meta will deploy one gigawatt of custom AI chips using Broadcom technology, with plans for multiple gigawatts in the future.
- Broadcom CEO Hock Tan will step down from Meta's board after two years.
- This deal addresses the growing need for AI chips as hyperscalers seek alternatives to Nvidia and AMD GPUs.
- Meta's custom MTIA chips are for internal use, similar to Google's TPUs and Amazon's custom chips.
- Broadcom shares rose following the announcement, while Meta stock remained flat.
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