Broadcom Shares Drop 6% on Report Google May Replace Its AI Chips By 2027
-
Broadcom's share price fell 6% after a report Google may stop using its AI chips by 2027.
-
Google is considering designing its own tensor processing unit chips to potentially save billions in costs.
-
Google has been ramping up investments in chips as it competes with Microsoft in AI.
-
The report says Google also aims to replace Broadcom with Marvell for data center chips.
-
Broadcom is seen as a major winner so far from the AI chip boom after Nvidia.
![](https://www.reuters.com/resizer/UanKTUii347FsGFmh4DyYiX84EI=/1200x628/smart/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/N3VTCC5LXBPUNMYDT7DQ7OACVQ.jpg)