Stock Besties · AVGO

Broadcom: who it depends on, and who depends on it.

Custom AI chips and networking. AVGO · Nasdaq. 4 sourced relationships in the network, each with its filing or release.

Open Broadcom on the mapRun a what-ifCheck shared exposureAll SEC filings

Stock Trade Twins pairs AVGO with rivals by price behavior, a different question from business dependence:

AVGO / NVDAAVGO / TSM
Ties

Dependence, both ways

Broadcom depends on, or is exposed to

Companies that depend on Broadcom

Event exposure

If something happens to Broadcom

The companies each kind of event would reach, up to two steps away, along sourced relationships only. This is a map of connections, not a forecast: how much each company would feel is unknown unless a source states it.

What if Broadcom spends less?

Companies that sell to it (its suppliers and infrastructure providers), then the companies those sellers buy from.

  • TSMC · directly, materiality unknownTSMC depends on sales to Broadcom.

What if Broadcom raises less money or its value falls?

Its investors, holders and guarantors, plus the companies that sell to it (a company that raises less tends to buy less), then their suppliers.

  • TSMC · directly, materiality unknownTSMC depends on sales to Broadcom.

What if Broadcom cannot deliver?

Companies that buy chips, parts or capacity from it, then their own customers.

  • Alphabet (Google) · directly, materiality unknownAlphabet (Google) depends on chips or parts from Broadcom.
  • Anthropic · directly, materiality unknownAnthropic depends on compute or data-center capacity from Broadcom.
  • OpenAI · directly, materiality unknownOpenAI depends on chips or parts from Broadcom.

What if Broadcom's shares or stake lose value?

Holders of its shares, warrants or notes and guarantors of its obligations, then their holders.

No company in this network is connected to Broadcom that way.

Filings

Broadcom’s filings and its partners’

  1. Oct 22, 2026, 06:02 ETTSMC filed a foreign issuer report (6-K). Filing on SEC.govConnected:NVIDIAAMDBroadcom
  2. Oct 15, 2026, 06:40 ETTSMC filed a foreign issuer report (6-K). Filing on SEC.govConnected:NVIDIAAMDBroadcom
  3. Oct 8, 2026, 06:12 ETTSMC filed a foreign issuer report (6-K). Filing on SEC.govConnected:NVIDIAAMDBroadcom
  4. Sep 24, 2026, 06:02 ETTSMC filed a foreign issuer report (6-K). Filing on SEC.govConnected:NVIDIAAMDBroadcom
  5. Sep 10, 2026, 06:15 ETTSMC filed a foreign issuer report (6-K). Filing on SEC.govConnected:NVIDIAAMDBroadcom
  6. Sep 9, 2026, 17:56 ETBroadcom filed a quarterly report (10-Q). Filing on SEC.govConnected:OpenAIAnthropicAlphabet (Google)TSMC
  7. Sep 2, 2026, 16:26 ETBroadcom filed a current report (8-K): results of operations (Item 2.02), other events (Item 8.01). Filing on SEC.govConnected:OpenAIAnthropicAlphabet (Google)TSMC
  8. Sep 1, 2026, 06:07 ETTSMC filed a foreign issuer report (6-K). Filing on SEC.govConnected:NVIDIAAMDBroadcom
  9. Aug 25, 2026, 06:17 ETTSMC filed a foreign issuer report (6-K). Filing on SEC.govConnected:NVIDIAAMDBroadcom
  10. Aug 14, 2026, 06:02 ETTSMC filed a foreign issuer report (6-K). Filing on SEC.govConnected:NVIDIAAMDBroadcom
  11. Aug 11, 2026, 08:25 ETTSMC filed a foreign issuer report (6-K). Filing on SEC.govConnected:NVIDIAAMDBroadcom
  12. Aug 11, 2026, 07:45 ETTSMC filed a foreign issuer report (6-K). Filing on SEC.govConnected:NVIDIAAMDBroadcom
  13. Aug 10, 2026, 16:10 ETAlphabet (Google) filed a current report (8-K): other events (Item 8.01). Filing on SEC.govConnected:AnthropicBroadcom
  14. Aug 10, 2026, 06:28 ETTSMC filed a foreign issuer report (6-K). Filing on SEC.govConnected:NVIDIAAMDBroadcom
Evidence

Every relationship of Broadcom

Broadcom builds OpenAI’s own AI chipsBroadcom · OpenAI · Jun 24, 2026
SupplierActiveStated by both companies

OpenAI designs its accelerators (the first is Jalapeño) and Broadcom supplies the silicon implementation and networking, for initial deployment by the end of 2026. No amount is disclosed.

  • Supplier dependence: OpenAI depends on chips or parts from Broadcom.
  • Customer dependence: Broadcom depends on sales to OpenAI.
  • The sources do not say who pays whom for this link, so no money flow is drawn.
First verified evidence
Jun 24, 2026
Latest evidence
Jun 24, 2026
What the sources say

  1. Jalapeño is the first accelerator of a multi-generation platform the two companies are building together.

    “the first AI accelerator in a multi-generation compute platform the companies are building together”
    Broadcom and OpenAI (joint release on broadcom.com), Jun 24, 2026excerpt re-checked Oct 18, 2026

  2. Initial deployment is planned by the end of 2026, combining OpenAI-designed accelerators with Broadcom silicon, networking and connectivity.

    “Jalapeño is the first step in a multi-generation compute platform designed for initial deployment by the end of 2026”
    Broadcom and OpenAI (joint release on broadcom.com), Jun 24, 2026excerpt re-checked Oct 18, 2026
How much it matters
  • To Broadcom: Unknown Broadcom does not name OpenAI’s share of its revenue.
  • To OpenAI: Unknown OpenAI is private; no source states the size of the program.
  • Who pays for the deployments is not stated: Broadcom says they are built with Microsoft and other data-center partners. The map draws the supply link without a money arrow.
  • An October 2025 announcement of the collaboration (reported as 10 gigawatts) could not be read from Broadcom’s investor site by Boostio’s server, so its figures are not shown.
Anthropic will access about 3.5 gigawatts through Broadcom from 2027Broadcom · Anthropic · Apr 6, 2026
InfrastructureCommitted (future delivery)Filed with the SEC

Broadcom says in an SEC filing that Anthropic will access about 3.5 gigawatts of TPU-based compute through Broadcom from 2027, and that its consumption depends on Anthropic’s continued commercial success.

  • Infrastructure dependence: Anthropic depends on compute or data-center capacity from Broadcom.
  • Customer dependence: Broadcom depends on sales to Anthropic.
  • Anthropic pays Broadcom for compute or data-center capacity.
First verified evidence
Apr 6, 2026
Latest evidence
Apr 6, 2026
What the sources say

  1. About 3.5 gigawatts through Broadcom from 2027, part of Anthropic’s TPU commitment.

    “Anthropic, beginning in 2027, will access through Broadcom approximately 3.5 gigawatts as part of the multiple gigawatts of next generation TPU-based AI compute capacity committed by Anthropic.”
    Broadcom (SEC filing), 8-K, Apr 6, 2026excerpt re-checked Oct 18, 2026
How much it matters
  • To Broadcom: Described, no figure Broadcom states the dependence directly: the capacity is consumed only if Anthropic keeps succeeding commercially.
    “The consumption of such expanded AI compute capacity by Anthropic is dependent on Anthropic’s continued commercial success.”
    Broadcom (SEC filing), 8-K, Apr 6, 2026excerpt re-checked Oct 18, 2026
  • To Anthropic: Unknown Anthropic is private.
Broadcom develops and supplies Google’s future TPUsBroadcom · Alphabet (Google) · Apr 6, 2026
SupplierCommitted (future delivery)Filed with the SEC

A long-term agreement for Broadcom to develop and supply custom TPUs for future generations, and to supply networking components for Google’s AI racks through 2031.

  • Supplier dependence: Alphabet (Google) depends on chips or parts from Broadcom.
  • Customer dependence: Broadcom depends on sales to Alphabet (Google).
  • Alphabet (Google) pays Broadcom for chips or parts.
First verified evidence
Apr 6, 2026
Latest evidence
Apr 6, 2026
What the sources say

  1. Custom TPUs for Google’s future generations and networking components through up to 2031.

    “have entered into a Long Term Agreement for Broadcom to develop and supply custom Tensor Processing Units (“TPUs”) for Google’s future generations of TPUs and a Supply Assurance Agreement for Broadcom to supply networking and other components to be used in Google’s next-generation AI racks through up to 2031.”
    Broadcom (SEC filing), 8-K, Apr 6, 2026excerpt re-checked Oct 18, 2026
How much it matters
  • To Broadcom: Unknown No share of revenue is stated.
  • To Alphabet (Google): Unknown Not stated.
Broadcom outsources most of its wafer manufacturing, including to TSMCTSMC · Broadcom · Dec 18, 2025
SupplierActiveFiled with the SEC

Most of Broadcom’s front-end wafer manufacturing is done by external foundries, including TSMC.

  • Supplier dependence: Broadcom depends on chips or parts from TSMC.
  • Customer dependence: TSMC depends on sales to Broadcom.
  • Broadcom pays TSMC for chips or parts.
First verified evidence
Dec 18, 2025
Latest evidence
Dec 18, 2025
What the sources say

  1. The majority of front-end wafer manufacturing is outsourced to foundries including TSMC.

    “The majority of our front-end wafer manufacturing operations is outsourced to external foundries, including Taiwan Semiconductor Manufacturing Company Limited”
    Broadcom (SEC filing), 10-K, Dec 18, 2025excerpt re-checked Oct 18, 2026
How much it matters
  • To TSMC: Unknown Not stated in the sources reviewed.
  • To Broadcom: Described, no figure A majority of wafer manufacturing is outsourced, but TSMC’s own share is not stated.

Catalog BESTIES-v1, reviewed Oct 18, 2026. Paper research only, not investment advice. Method and sources

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