On Monday, Anthropic signed a landmark agreement with Broadcom Inc. and Alphabet Inc.’s Google to secure multiple gigawatts of next-generation Tensor Processing Unit capacity, expected to come online starting in 2027.
The expanded compute infrastructure is designed to fuel the company’s frontier Claude models and meet growing global demand for its AI services.
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Investors reacted quickly: Broadcom shares jumped 2.34% overnight, closing at $321.79, at the time of writing, reflecting optimism about the company’s role in supplying critical AI hardware.
Anthropic in February 2026 completed a $30 billion Series G funding round, led by GIC and Coatue, with co-leads including D.E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ and MGX.
The round pushed the company’s post-money valuation to $380 billion, positioning it as one of the highest-valued AI startups globally.
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Despite its impressive valuation, Anthropic still trails AI powerhouse OpenAI, which raised $122 billion in March 2026, reaching an $852 billion post-money valuation.
Meanwhile, Elon Musk’s xAI exceeded its $15 billion Series E target by raising $20 billion in January 2026, later merging with SpaceX in a deal that valued xAI at $250 billion and SpaceX at roughly $1 trillion.
Benzinga Edge Stock Rankings indicate that AVGO may encounter short- and medium-term headwinds, but it continues to exhibit a robust long-term uptrend, supported by a Quality score in the 95th percentile.
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This article Anthropic’s Deal With Broadcom Gets AVGO Stock Trending Overnight—Here’s How Claude-Parent’s Valuation Compares With Other AI Rivals originally appeared on Benzinga.com
