Broadcom Inc. (NASDAQ:AVGO) is one of the
8 Best AI Stocks to Buy According to Billionaire Ken Griffin.
On April 20, 2026, CNBC reported that Broadcom Inc. (NASDAQ:AVGO) shares dipped roughly 2%. On the other hand, Marvell Technology shares rose nearly 6% after The Information revealed the firm would assist Google in designing two new artificial intelligence chips. The proposed collaboration consists of a tensor processing unit and a memory processing unit, which would expand Google’s chip strategy beyond Broadcom Inc. (NASDAQ:AVGO).
The Google-Broadcom agreement will continue through 2031. Google and Marvell did not reply to requests for comments.
Marvell and Broadcom Inc. (NASDAQ:AVGO) both give backend chip design support before manufacturing at major fabrication operations. The move shows growing demand as large technology companies create in-house AI accelerators.
Copyright: limonzest / 123RF Stock Photo
On April 22, 2026, Broadcom Inc. (NASDAQ:AVGO) announced an expanded relationship with Google Cloud on its new Cloud Network Insights service, which is powered by AppNeta by Broadcom. Cloud Network Insights offers end-to-end network observability to directly help enterprises in managing application and network experience, detecting anomalies, and diagnosing underlying causes across complex, multi-cloud, hybrid, and agentic environments.
Broadcom Inc. (NASDAQ:AVGO) is a multinational technology business that designs, develops, and sells semiconductors and infrastructure software solutions. It operates through two segments: Semiconductor Solutions and Infrastructure Software.
While we acknowledge the potential of AVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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