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Meta and Broadcom Forge Major Deal for Custom Chip Development

In a notable multiyear agreement, Meta plans to deploy 1 gigawatt of custom chips in collaboration with Broadcom, coinciding with Hock Tan's exit from the board.

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1 min read
Updated about 19 hours ago
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Summary

Meta has announced a significant multiyear deal with Broadcom to deploy 1 gigawatt of custom in-house MTIA chips. This partnership highlights Meta's commitment to advancing its chip technology.

The agreement is seen as a major investment in the future of chip development, potentially enhancing Meta's technological capabilities.

Notably, the announcement comes as Hock Tan agrees to leave the board, marking a pivotal moment for both companies involved.

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