# Broadcom (NASDAQ: AVGO) stock resumed its weekly rise with a 3.58% rally from $314.43 to $325.70.

*business · news · 2026-04-07 · Finbold*

## Key points

- Broadcom signed a multi-year AI chip supply agreement with Google and Anthropic through 2031.
- Broadcom will provide Anthropic with 3.5 gigawatts of computing power from Google's capacity.
- The agreement's value is undisclosed and Anthropic's access depends on its commercial success.
- Wall Street analysts' bullish AVGO forecasts mostly predate the Google and Anthropic deal.
- Recent delays and cancellations of data center projects raise concerns about AI infrastructure readiness.

**Companies:** Broadcom, Google, Anthropic
**Countries:** United States

[Read the full story on Finbold](https://finbold.com/is-broadcom-avgo-stock-a-buy-after-landmark-google-ai-deal/)

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