Meta teams with Broadcom for 1 GW of AI chips as Hock Tan exits Meta board

TL;DR Summary
Meta Platforms and Broadcom announced a multi‑gigawatt deal to design and deploy Meta’s MTIA AI accelerators, starting with 1 gigawatt of Training and Inference Accelerators and scaling to multiple gigawatts by 2027–2029, built on a 2‑nanometer process. Simultaneously, Broadcom CEO Hock Tan will not stand for reelection to Meta's board after two years of service. The internally used MTIA chips reflect the broader shift by hyperscalers toward custom silicon to power AI data centers.
- Meta commits to one gigawatt of custom chips with Broadcom as Hock Tan agrees to leave board CNBC
- Meta inks deal with Broadcom for custom AI chips Yahoo Finance
- Meta, Broadcom Deepen Ties on Chips; Tan Departs Meta’s Board Bloomberg.com
- Broadcom Extends AI Deal With Meta. Chipmaker’s CEO Hock Tan to Leave Meta Board. Barron's
- Meta extends custom chips deal with Broadcom to power AI ambitions Reuters
Reading Insights
Total Reads
0
Unique Readers
27
Time Saved
3 min
vs 3 min read
Condensed
87%
577 → 74 words
Want the full story? Read the original article
Read on CNBC