By Alex Sirois
Publication Date: 2026-10-19 12:45:00
Broadcom and Marvell both reported blowout AI numbers this summer, but they are chasing the custom silicon boom from completely different angles, and only one of those angles may survive a supply crunch.
Broadcom (NASDAQ:AVGO | AVGO Price Prediction) and Marvell Technology (NASDAQ:MRVL) both reported this summer, and their results point the same way: hyperscalers want chips designed around their own models. Broadcom’s AI semiconductor revenue reached $16.70B, up 221% YoY. Marvell’s Data Center revenue rose 46% to $2.17B. Custom silicon demand is speeding up quickly, and these two companies sit at the front of it.
Google TPUs Power Broadcom While Optics and Switches Carry Marvell
Broadcom’s quarter ran on XPUs, which made up 73% of AI revenue. Most of its AI business now comes from compute chips built for individual customers. Broadcom began production shipments of the TPU v8i for Google, a unit of Alphabet (NASDAQ:GOOGL), and shipped OpenAI’s first-generation Jalapeno…
