By Insider Monkey Team
Publication Date: 2026-10-19 18:28:00
Broadcom (NASDAQ:AVGO) has told investors its AI chips will bring in $21.7 billion this quarter, up 236% from a year ago. That would speed up from the 221% growth in AI chip sales it reported for the quarter just ended.
But some of the money buying those chips is borrowed, and Broadcom is helping lend it. Reuters reported, based on Anthropic’s IPO filing, that Broadcom will lend Anthropic up to $42 billion, and Yahoo Finance estimates Anthropic will become Broadcom’s largest compute customer by 2027. If you’re interested in AI investing, check out our report on 10 Undervalued AI Stocks to Buy Now.
The company designs custom AI chips with its biggest customers, who run them in their data centers, and it sells the networking gear that links them. Its infrastructure software unit is a second, smaller business that is also growing. The business looks strong, and what the stock now depends on is whether customers that borrow to pay for chips can keep…
