Broadcom

The extended partnership reinforces Apple’s strategy of locking in long-term supply agreements with key chipmakers

The finalised chips will be integrated into large data centres later this year.

The chipmaker will deploy three gigawatts of computing power for Meta through the end of 2028

More than 1,000 business customers spend over US$1 million annually on Claude services

Demand for custom chips has surged in recent years

It announced a new share repurchase programme of up to US$10 billion

The company reported revenue of US$18.02 billion for the fourth quarter ended Nov 2, above analysts’ average estimates

The Thor Ultra will rival Nvidia’s chips and strengthen Broadcom’s dominance in AI data centre networking

The deal extends a wave of AI chip investments driving the race toward human-equivalent intelligence