Published: Dec. 10, 2025 at 11:39 a.m. ET
Enthusiasm for custom chips made by Broadcom has been sweeping Wall Street going into the company’s earnings report on Thursday, and some analysts are keeping an upbeat outlook for its next few years.
The custom-chip maker’s stock AVGO has gained in recent weeks after Alphabet’s Google GOOGL GOOG unveiled its latest Gemini 3 artificial-intelligence model, which was trained with and runs on its in-house tensor processing units, or TPUs. Google and Broadcom have worked together on the product for about a decade. TPUs are one type of application-specific integrated circuit, or ASIC, that Broadcom develops with its customers.
