Broadcom to supply Meta with custom silicon through 2029 — Broadom CEO Hock Tan departs Meta's board

Broadcom and Meta have extended their partnership with a deal for Broadcom to supply Meta with custom-designed AI processors through 2029, including Meta Training and Inference Accelerator (MTIA) hardware. This agreement involves the supply of hundreds of thousands of AI processors and will consume multiple gigawatts of power. Broadcom will also provide Meta with Ethernet networking solutions. Broadcom CEO Hock Tan will step down from Meta's board to avoid a conflict of interest but will continue to guide Meta's custom silicon roadmap. The partnership aims to enhance Meta's computing capabilities for delivering personal superintelligence to billions of users.