What is the new partnership between Meta and Broadcom about?

Meta Platforms has expanded its partnership with Broadcom Inc. to design and build custom chips to power its artificial intelligence efforts, committing to over 1 gigawatt of computing capacity.

Who is leaving Meta's board of directors?

Broadcom CEO Hock Tan and former Estee Lauder executive Tracey Travis are stepping down from Meta's board of directors.

Did Nvidia plan to acquire a PC company?

Nvidia Corp. has denied reports that it was seeking to acquire a large company that would reshape the PC landscape, stating they are not engaged in discussions to acquire any PC maker.

Home / Business and Economy / Meta & Broadcom Forge AI Chip Alliance

Meta & Broadcom Forge AI Chip Alliance

15 Apr

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Summary

Meta partners with Broadcom for custom AI chips.
Broadcom CEO Tan departs Meta's board.
Nvidia denies acquisition rumors, shares dip.

Meta Platforms Inc. has announced an expanded collaboration with Broadcom Inc. to design and produce custom chips, significantly bolstering the social media giant's artificial intelligence capabilities. This partnership includes a commitment to developing chips that will deliver more than 1 gigawatt of computing capacity, signaling a sustained rollout of advanced AI infrastructure.

As part of this development, Broadcom CEO Hock Tan will be leaving Meta's board of directors. Tan, who joined the board earlier in 2026, will continue to advise Meta and CEO Mark Zuckerberg. Tracey Travis, a former executive at Estee Lauder Companies Inc., is also departing Meta's board.