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Broadcom signs multi-year TPU agreements with Google and Anthropic, increasing long-term visibility and potential at other customers.
Broadcom (AVGO) shares rally on massive AI deals with Google and Anthropic. Technical analysis and analyst price targets inside.
AVGO: 4% | Broadcom shares are trading higher after the company announced an agreement with Google for expanded TPU capacity. Also, the company expanded a cooperation pact to supply approximately 3.5 GW of AI
Anthropic's deal with Broadcom highlights Claude parent's valuation, positioning it in the growing AI funding race alongside OpenAI and xAI.
SPCE, AVGO, UNH, MU, NFLX were among the stocks seen trending on Monday, April 6, 2026.
Broadcom stock climbs late Monday after the company discloses new agreements with Google and Anthropic.
Broadcom Inc. ("Broadcom") and Google LLC ("Google") have entered into a Long Term Agreement for Broadcom to develop and supply custom Tensor Processing Units ("TPUs") for Google's future generations of TPUs
Editor’s Note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.
U.S. stocks mixed, Cheer Holding announces reverse stock split, Vivos Therapeutics gains investor stake, Quhuo Ltd. reports loss.