On April 14 local time, Broadcom officially announced that it has extended its partnership with Meta through 2029, and will support Meta's initial AI deployment of over one gigawatt of computing capacity. The two companies plan to launch the industry's first 2nm AI compute accelerator. Over the course of the partnership, they expect to produce multi-gigawatt-scale Meta custom chips — the Meta Training and Inference Accelerator (MTIA). As Meta advances the deployment of its AI data centers, Broadcom will provide XPUs and related technologies to power the MTIA chips. Broadcom will also provide Ethernet networking solutions to help Meta increase computing bandwidth within a single MTIA server rack. Given the scale of this expanded partnership, Broadcom President and CEO Hock Tan will step down from Meta's Board of Directors and will serve as an advisor to Meta, providing guidance on Meta's custom silicon roadmap and future infrastructure investments.