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Broadcom announces expanded partnership with Meta; President and CEO Chen Fuyang will become a Meta advisor
Marquee Financial News: On April 15, local time, Broadcom announced a multi-year, multi-generational strategic partnership with Meta to support Meta’s rapid expansion of artificial intelligence computing infrastructure. Building on the existing collaboration, Broadcom will provide technical support for Meta’s training and inference accelerator (MTIA) chips, and the two parties plan to extend the partnership until 2029. This technology will become the core infrastructure for Meta’s deployment of cutting-edge AI data centers. The initial phase of the partnership exceeds 1 gigawatt. Due to the scale of this expanded collaboration, Broadcom President and CEO Hock Tan will step down from Meta’s board of directors and transition to an advisory role, where he will guide Meta’s custom chip roadmap.