Broadcom Signs Long-Term Deal to Supply Meta with Custom AI Chips, Hock Tan Exits Meta Board

Broadcom has committed to providing Meta with multi-gigawatt custom silicon chips through 2029, reflecting a deepening partnership in AI hardware. Hock Tan's departure from Meta's board coincides with this strategic expansion, highlighting evolving leadership dynamics. This development suggests sustained and growing investment in Meta's AI infrastructure, with future impacts on its hardware capabilities and industry competition.