Broadcom partners with four major financial institutions for a $63 billion financing deal
The transaction leverages Broadcom's XPU AI accelerators and networking solutions to support Anthropic, with deliveries starting in 2027.
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Semiconductor and infrastructure software company
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In short: Broadcom reported 86% revenue growth and surging AI sales, and partnered on a $63 billion Anthropic financing deal.
The transaction leverages Broadcom's XPU AI accelerators and networking solutions to support Anthropic, with deliveries starting in 2027.
Revenue surged 86 percent year-over-year to 29.6 billion dollars, fueled by artificial intelligence demand. Management projects fourth quarter revenue near 34.8 billion dollars and declared a 65 cent dividend.
The company will host a conference call after market close to discuss results and outlook.
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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