AI Market Movers · GPUs, accelerators & foundries
Broadcom
AVGO
Broadcom sells custom XPUs to hyperscalers who would rather not buy every accelerator from Nvidia. That is the other way to get a training chip.
- Site
- broadcom.com
- Who
- Hock Tan, CEO
Market reaction
Loading market data…
On X
$AVGO just helped seal the largest AI debt deal in history $63 billion to buy Broadcom AI chips and lease them to Anthropic $ANT $BAC, $C and $MS are arranging the first-lien debt, with $BX as the sole committed second-lien lender
— StockMarket.News (@_Investinq) Oct 27, 2026
Scoop: Broadcom's CEO, Hock Tan, intervened at the 11th hour to wrap up a record-breaking $63 billion deal for Anthropic to lease chips used to power the AI lab's models. Some banks were getting ready to walk from the mega-deal, but Tan promised them to pay them more.
— alexander saeedy (@ajsaeedy) Oct 26, 2026
Latest news
The Wall Street Journal
Broadcom CEO Hock Tan stepped in at the 11th hour to save Anthropic's $63 billion debt dealSome banks were ready to walk from the record $63 billion financing for Anthropic's Broadcom chip leases until CEO Hock Tan held weekend talks with bank executives, the Wall…
Reuters
Wall Street banks and Blackstone line up $63 billion to finance Broadcom AI chips for AnthropicBank of America, Citi, Morgan Stanley and Blackstone will finance $63 billion through a new special purpose vehicle that buys Broadcom's XPU AI accelerators and networking gear…
In the Daily
· Closing Time
Closing Time: The AI megadeal Wall Street hatedCNBC reports that Marvell agreed to buy optical networking maker Lumentum in an all-stock deal that values Lumentum at $115 billion including debt, and shares of both companies fell sharply.
· Morning Brief
The proofs are outrunning the professorsAl Jazeera reports that OpenAI says its models have made new discoveries in three fields at once: harmonic analysis, complexity theory and quantum field theory.
· Closing Time
Closing Time: Anthropic opens its booksSemafor reports that Anthropic’s IPO filing shows more than $400 billion in future commitments for chips and data center leases, along with a governance setup in which its seven co-founders control the company through a single supervoting share.
· Closing Time
Closing Time: China puts a lock on its AIReuters reports China proposed export controls on 23 AI technologies on Friday, from models and agents to computing clusters, tightening its grip on tools it sees as vital to national security.
· Closing Time
Closing Time: Google wants its crown backReuters reports Google released Gemini 4 Argon to developers and businesses worldwide, seeking to regain ground on OpenAI and Anthropic after months of delays and a DeepMind shakeup.