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Filing: Broadcom agrees to produce future versions of Google's TPUs and expands its Anthropic deal to give the startup access to ~3.5 GW of computing capacity

- Broadcom said it agreed to produce future versions of Google's artificial intelligence chips,

CNBC Jordan Novet

Context & Ripple Effects

This deepens an existing GoogleBroadcomAnthropic supply chain rather than creating a new one: Anthropic had already placed substantial orders for Google's Ironwood TPU racks through Broadcom in late 2025, and now has a larger, longer-lived claim on next-generation capacity. The accompanying disclosure that Anthropic's revenue run rate rose sharply gives the infrastructure commitment a clearer demand-side rationale.

For Google, retaining Broadcom for future TPU production resolves a supplier-continuity question that had remained open after reports it was also planning to work with MediaTek on a next-generation design. The arrangement turns Google's TPU program into a more explicit source of capacity for a major external AI developer, not solely an internal platform asset.

First-order effects

  • Broadcom gains continued manufacturing work on future Google TPUs and a broadened commercial relationship tied to Anthropic's access to roughly 3.5 GW of compute capacity.
  • Anthropic secures a defined path to large-scale next-generation TPU capacity, while Google gains a committed external customer for that infrastructure.

Second-order effects

  • The deal reinforces demand visibility for the TPU production stack after Anthropic's earlier Ironwood rack orders, making capacity planning more consequential for Google and Broadcom than a one-off procurement arrangement.
  • It also raises the strategic value of Google's alternative chip supply relationships: reported plans to involve MediaTek while retaining Broadcom pointed to a multi-supplier TPU strategy, which can reduce dependence on any single manufacturing partner.

Third-order effects

  • If similar arrangements proliferate, frontier-model companies may increasingly obtain compute through long-duration, provider-backed capacity agreements rather than building every layer of infrastructure themselves.
  • Custom accelerators could become a more contestable route to serving external AI workloads, with cloud platforms combining chip design, manufacturing partners, and committed capacity customers into a single infrastructure offering.

The trend: This is one data point in the platformization of AI infrastructure, where proprietary accelerator programs are being paired with contracted external capacity to finance and secure scale.