Broadcom lines up $60 billion to build chips for Anthropic

Broadcom has begun raising close to $60 billion to finance custom chip production for Anthropic, the AI company behind the Claude chatbot, Bloomberg reported. The scale of the financing underscores how deeply chipmakers are now embedding themselves in the infrastructure build-out behind large AI labs. The deal follows a pattern seen elsewhere in the industry this week: Amazon is separately seeking to offload $8 billion of Nvidia chips to outside investors, according to the Financial Times, as cloud providers look for ways to share the financial burden of AI hardware spending. Broadcom's move instead has the company taking on financing risk directly tied to a single AI customer. It is not yet clear how Broadcom plans to structure the financing or what terms it has agreed with Anthropic. The size of the commitment, if it proceeds as reported, would represent one of the largest chip-supply financing arrangements disclosed this year.