Meta Platforms Agrees to Deploy 1 Gigawatt of Custom AI Chips with Broadcom Through 2029
Meta Platforms announced a multi-gigawatt deal with Broadcom for custom AI chips, including an initial 1 gigawatt deployment of Training and Inference Accelerators. The partnership extends through 2029 for chip design and related technologies. Broadcom CEO Hock Tan will leave Meta's board after two years.
VulcanSphere / Wikimedia (Public domain)# Meta Platforms Agrees to Deploy 1 Gigawatt of Custom AI Chips with Broadcom Through 2029 Meta Platforms agreed to deploy 1 gigawatt of custom artificial intelligence chips using Broadcom technology as part of a multi-gigawatt deal. The company committed to an initial deployment of 1 gigawatt of its Training and Inference Accelerators.
Meta and Broadcom announced a deal extending their partnership for the design of Meta's custom in-house AI accelerators through 2029.
Meta is partnering with Broadcom across chip design, packaging, and networking to build computing foundation. The deal will see Meta deploying multiple gigawatts of chips based on Broadcom technology. CNBC reported on the agreement.
Broadcom CEO Hock Tan to Leave Meta Board Broadcom's CEO Hock Tan will leave the Meta board after two years of service.
Hock Tan told Meta last week that he has decided not to stand for reelection to Meta's board. Hock Tan joined Meta's board in 2024.
MTIA Chips Use 2 Nanometer Process The MTIA chips will be the first AI silicon to use a 2 nanometer process.
Meta's custom accelerator MTIA roadmap is active with current shipping and scaling to multiple gigawatts in 2027 and beyond for next generation XPUs. Hock Tan stated this on Broadcom's March earnings call. Meta unveiled four new versions of its in-house MTIA chips in March.
Meta first unveiled the custom MTIA silicon in 2023. Meta's MTIA chips are used entirely for internal purposes.
Meta's Broader AI Commitments and Investments Meta committed in January to spending up to $135 billion on AI this year.
Meta committed to deploy up to 6 gigawatts of AMD GPUs. Meta committed to millions of Nvidia chips. Meta committed to new custom chips made by chip architecture firm Arm Holdings. U.S.
Other Board Changes at Meta Tracey Travis will leave Meta's board after taking a board seat in 2020.
Tracey Travis retired from her position as Estée Lauder's finance chief last year.
Market Reaction and Industry Context Broadcom shares rose 3% in extended trading after the announcement.
Broadcom shares are up 10% so far in 2026. The S&P 500 index has gained about 2% so far in 2026. Broadcom announced a long-term agreement with Google for producing its TPUs two weeks prior to the Meta deal.
5 gigawatts worth of in-house Google chips. Google released its first Tensor Processing Unit in 2015. Amazon announced its first custom chip in 2018.
Story Timeline
6 events- 2026-04 (last week)
Hock Tan told Meta he has decided not to stand for reelection to Meta's board.
1 sourceMeta filing - 2026-04
Meta Platforms agreed to deploy 1 gigawatt of custom AI chips with Broadcom as part of a multi-gigawatt deal extending through 2029.
3 sourcesMeta Platforms · unattributed · Meta statement - 2026-03
Meta unveiled four new versions of its in-house MTIA chips.
1 sourceunattributed - 2026-03
Hock Tan stated on Broadcom's March earnings call that Meta's MTIA roadmap is active with scaling to multiple gigawatts in 2027 and beyond.
1 sourceHock Tan on Broadcom's March earnings ca - 2026-01
Meta committed to spending up to $135 billion on AI this year.
1 sourceunattributed - 2024
Hock Tan joined Meta's board.
1 sourceunattributed
Potential Impact
- 01
Meta advances internal AI computing with multi-gigawatt custom chip deployment, supporting data center expansion to 31 sites.
- 02
Broadcom secures extended partnership revenue through 2029 for AI chip design and production.
- 03
Meta board sees changes with Hock Tan and Tracey Travis departures, following Travis's 2025 retirement from Estée Lauder.
- 04
Industry trend of custom AI silicon continues, building on Google 2015 TPU and Amazon 2018 chip announcements.
- 05
Broadcom's stock gains outperform S&P 500's 2% year-to-date rise, with 10% increase in 2026.
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