By Simply Wall St
Publication Date: 2026-05-22 12:12:00
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Broadcom, Meta, UCLA and other partners are launching a US$125 million AI semiconductor research and talent hub over five years.
The company is also working with Applied Materials on next generation AI chip packaging technologies.
Both efforts focus on energy efficient, high performance AI computing and closer ties between industry and academia.
For investors watching NasdaqGS:AVGO at a share price of about US$414.57, these moves sit alongside a very strong multi year share price run, with a 1 year return of 81.3% and a 5 year gain that is close to 9x. Even over shorter periods, the stock is up 19.3% year to date and 3.1% over the past month, despite a 5.7% decline over the past week.
These new partnerships signal a focus on research depth, specialist talent and manufacturing know how that could influence Broadcom’s role in future AI hardware. Readers may…
