Broadcom establishes AI XPV Platform
Launches with a $35 billion tranche led by Apollo and Blackstone to enable over 20 gigawatts of XPU compute, including an initial 1+ GW for Anthropic in mid-2026.
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Semiconductor and enterprise software company
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In short: Broadcom reported 48% revenue growth and launched a $35 billion AI infrastructure platform with Apollo and Blackstone despite a major stock selloff.
Launches with a $35 billion tranche led by Apollo and Blackstone to enable over 20 gigawatts of XPU compute, including an initial 1+ GW for Anthropic in mid-2026.
The updates address AI-detected threats and aim to protect Spring applications from rising security risks.
Net income rose 88% to $9.3B, and quarterly dividend set at $0.65 per share.
The new BCM6772, BCM6774, and BCM6776 chips integrate multi-gigabit performance into compact, power-efficient form factors for next-gen mesh and multi-gigabit routers.
One analyst pointed to “nervousness” on the memory chip trade.
Broadcom (NASDAQ: AVGO) shares recently sold off after the company reported a sharp acceleration in...
Broadcom AVGO is seeing strong momentum from rising demand for AI-focused semiconductor solutions....
Apollo Global Management President Jim Zelter joins CNBC's 'Squawk on the Street' to discuss the firm's role in leading a $35 billion financing for Broadcom's...
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