Broadcom shares in focus on Microsoft deal buzz ahead of Q4 results

With the bush abuzz with talk of a major AI chip deal coming Broadcom’s way, the company finds itself in investors’ crosshairs. According to a report by The Information, Microsoft is in talks to shift its custom development from Marvell Technology to the Palo Alto, California-based chipmaker.

Should the deal materialise, it would mark a big win for Broadcom’s ASIC (application-specific integrated circuit) division, strengthening its standing in the AI-hardware market.

Getting Microsoft on board as a customer would reduce the firm’s reliance on…