Broadcom Names Anthropic Its Next Major XPU Customer

Overview

• On Tuesday Broadcom said Anthropic is likely to be its largest XPU customer in 2027 and remain so in 2028 with planned deployments of about 1 GW in 2026, 5 GW in 2027 and a path to another 10 GW in 2028.
• Broadcom reported $16.7 billion in Q3 AI semiconductor revenue, guided to $21.7 billion for Q4 and outlined management targets of roughly $115 billion in AI revenue for fiscal 2027 and about $230 billion for fiscal 2028.
• The company also expects to supply Google with tens of billions of dollars of TPUs each year, keeping a major hyperscaler relationship alongside the growing Anthropic business.
• Analysts warn that turning large bookings into shipped racks depends on tight supplies of high‑bandwidth memory, fab capacity, and available data‑center land and power, and Broadcom has introduced financing and residual‑value structures to reduce that risk.
• Broadcom’s networking chips such as Tomahawk 6 and Tomahawk Ultra are being deployed with its custom XPUs and could add revenue if Anthropic and other labs scale, so investors will watch supply delivery, memory availability and data‑center buildouts as the next test of the company’s aggressive roadmap.