By James Hires
Publication Date: 2026-03-23 20:39:00
You may have heard about Google’s parent company Alphabet‘s tensor processing unit (TPU) in the news.
The chip represents one of the first real potential competitors to Nvidia‘s graphics processing unit (GPU) and its dominance in the artificial intelligence (AI) hardware space.
But I find many of those headlines leave out Alphabet’s partner for the TPU, Broadcom (AVGO +4.08%) and that’s something of a mystery to me considering Broadcom’s incredible growth figures.
So, here’s why it might be one of the most underrated stocks to consider for your portfolio this year.
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Google and Broadcom’s TPU, currently in its seventh iteration, is dubbed Ironwood. And Broadcom has been Google’s design partner on it since the beginning.
See, for all Google’s prowess as a software company, its hardware expertise is far more limited, so it didn’t look to develop the TPU in-house.
Instead, it has worked with Broadcom, which does much of the design work by…