# The chip maker has been battling high volatility since 2026 began and is currently down 7%.

*business · news · 2026-04-07 · Markets Insider*

## Key points

- Broadcom signed a long-term agreement with Google to develop custom AI chips called TPUs.
- Anthropic announced Broadcom will supply TPU compute capacity for its Claude AI platform.
- Anthropic also revealed a similar TPU supply deal with Google to support its scaling needs.
- Broadcom's stock rose 4% after these deals, despite being down 7% year-to-date.

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

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/broadcom-stock-price-google-anthropic-ai-deals-tpu-avgo-googl-2026-4)

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