Broadcom forecasts Anthropic and OpenAI to outpace Google as top AI chip customers

During the third quarter of fiscal year 2026, Broadcom's President Chen Fuyang predicted that Anthropic and OpenAI will surpass Google to become the top two customers for Broadcom's AI custom chips. Anthropic is expected to be the largest XPU customer between 2027 and 2028, while OpenAI is projected to be the second-largest. In the third quarter, Broadcom's AI semiconductor business revenue reached $16.7 billion, a 221% year-over-year increase and a 54% quarter-over-quarter rise. Looking ahead, Broadcom anticipates further growth, with AI revenue forecasted to hit $21.7 billion in the fourth quarter, a 236% year-over-year increase. For the full fiscal year 2026, AI revenue is expected to reach $58 billion, up 186% from the previous year. Deployment plans include 1 GW of TPU v7 in 2026, expanding to 5 GW of TPU v8i in 2027, and 10 GW in 2028. OpenAI plans to deploy 1.3 GW of Jalapeño in 2027, growing to over 5 GW by 2028. Broadcom also aims to deliver three generations of MTIA accelerators to Meta by 2027, with a total deployment of 3 GW by 2028. Broadcom is confident about future growth, projecting AI semiconductor revenue to reach $115 billion in 2027 and $230 billion in 2028, with the supply chain fully prepared.