Meta will use Broadcom’s Custom Chips To Build Metaverse Hardware, JPM

Share post:

J.P. Morgan analysts have announced that Meta Platforms will use Broadcom’s custom chips to build its metaverse hardware in a billion-dollar business.

Broadcom’s ASIC (application-specific integrated circuit) chips will be used by Meta, Alphabet and Microsoft and expected to generate revenues of $2-2.5 billion.

“We believe these wins are primarily at 5 nanometre and 3 nanometre and will be used to power Meta’s metaverse hardware architecture that it will deploy over the next few years,” said analyst Harlan Sur.

ASICs are designed to perform hyper-specific tasks, including in AI and machine learning, efficiently. ASIC chips will play an important role when Meta develops a range of hardware products for the metaverse. These hardware products include smart glasses and virtual reality headsets.

The partnership between Broadcom and Google has led to the development of Google’s custom chip for machine learning since 2016, and the brokerage estimates that it will be worth more than $1.3 billion in 2022.

The sources for this piece include an article in Reuters.

Featured Tech Jobs


Related articles

Canadian group gets $2.2 million to research AI threat detection for wireless networks

Ericsson Canada and three universities have been awarded funds by the National Cybersecurity

Proposed Canadian AI law ‘fundamentally flawed,’ Parliament told

A privacy lawyer said the proposed AI bill is vague and sets a dangerous precedent

Canada, U.S. sign international guidelines for safe AI development

Eighteen countries, including Canada, the U.S. and the U.K., today agreed on recommended guidelines to developers in their nations for the secure design, development, deployment, and operation of artificial intelligent systems. It’s the latest in a series of voluntary guardrails that nations are urging their public and private sectors to follow for overseeing AI in

Is OpenAI’s Q* Artificial General Intelligence?

OpenAI's latest model, Q* (pronounced Q Star), is raising eyebrows in the AI community as a potential milestone...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways