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Broadcom extends Google TPU deal through 2031, stocks go up by 3%
short by / on Tuesday, 7 April, 2026
Broadcom (AVGO) stock jumped 3.4% in pre-market trading after extending its chip design deal with Google for TPUs through 2031. This partnership, which now includes AI startup Anthropic, positions Broadcom as a major AI chip designer. The surge offers hope for ending the stock's four-month losing streak, with April showing positive returns so far.
read more at Stocktwits