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.
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The company is also working with Applied Materials on next generation AI chip packaging technologies.
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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…
