Trending Now - Meta and Broadcom Forge New Chip Partnership Amid Board Changes
WHO:
CNBC - Hock Tan will transition from his role on Meta's board to an advisor role, providing guidance on Meta's custom silicon roadmap.
CNBC - Meta and Broadcom are the companies involved in the partnership.
CNBC - Hock Tan is the CEO of Broadcom and a member of Meta's board.
CNBC - Mark Zuckerberg is the co-founder and CEO of Meta.
WHAT:
CNBC - The partnership between Meta and Broadcom extends through 2029 for the design of Meta's custom in-house AI accelerators.
CNBC - Meta plans to deploy multiple gigawatts of chips based on Broadcom technology in the future.
CNBC - Meta unveiled four new versions of its in-house MTIA chips in March 2026.
CNBC - Meta and Broadcom announced an expanded partnership to co-develop multiple generations of Meta's MTIA chips.
CNBC - Meta has committed to an initial deployment of 1 gigawatt of its Training and Inference Accelerators.
CNBC - The MTIA chips will be the first AI silicon to use a 2 nanometer process.
CNBC - Broadcom shares rose 3% in extended trading after the announcement.
CNBC - Meta's stock was flat following the announcement.
CNBC - Meta plans to scale to multiple gigawatts of chips in 2027 and beyond.
WHERE:
CNBC - The partnership involves Meta's operations, which include plans for 31 data centers, 27 of which are located in the U.S.
WHEN:
CNBC - Hock Tan informed Meta of his decision not to stand for reelection to the board on April 5th, 2026.
CNBC - The announcement of the partnership was made on Tuesday, April 12th, 2026.
CNBC - Hock Tan joined Meta's board in 2024.
CNBC - Meta first unveiled its custom silicon in 2023.
CNBC - The deal follows Broadcom's long-term agreement with Google announced two weeks prior to April 12th, 2026.
WHY:
CNBC - Meta has committed to spending up to $135 billion on AI in 2026 to keep pace with competitors like Anthropic and OpenAI.
CNBC - The partnership aims to build out the computing foundation needed to deliver personal superintelligence to billions of people.
CNBC - Meta is seeking alternatives to costly and constrained graphics processing units from Nvidia and AMD.
HOW:
CNBC - Broadcom will assist Meta in chip design, advanced packaging, and networking to support the development of AI infrastructure.
CNBC - Meta and Broadcom are collaborating on chip design, packaging, and networking for the MTIA chips.
(UPDATED April 15, 2026 09:22 UTC)
Hock Tan will transition from his role on Meta's board to an advisory position, where he will provide guidance on the company's custom silicon roadmap. This partnership between Meta and Broadcom, which extends through 2029, will focus on designing in-house AI accelerators, with Meta planning to deploy multiple gigawatts of chips based on Broadcom technology. Meta recently unveiled four new versions of its in-house MTIA chips and has committed to spending up to $135 billion on AI in 2026 to stay competitive with companies like Anthropic and OpenAI.
--
(UPDATED April 15, 2026 01:25 UTC)
Meta and Broadcom have announced an expanded partnership to co-develop multiple generations of Meta's MTIA chips, with an initial commitment to deploy 1 gigawatt of these chips, which will be the first AI silicon to utilize a 2 nanometer process. The announcement was made on Tuesday, on Sunday, and follows Broadcom's recent long-term agreement with Google, while Broadcom's shares rose by 3% in extended trading after the news. This collaboration aims to establish the computing foundation necessary to deliver personal superintelligence to billions, as Meta seeks alternatives to the expensive graphics processing units currently provided by Nvidia and AMD.