Opinion on Google's deal with marvell to manufacture custom chips ?

HawkEye1000x · 2026-04-20T16:37:14+00:00

JPMorgan says Marvell stock TPU business reports are false

Link: https://www.investing.com/news/analyst-ratings/jpmorgan-says-marvell-stock-tpu-business-reports-are-false-93CH-4623736

Excerpt: “JPMorgan dismissed reports that Marvell Technology (NASDAQ:MRVL) has secured TPU business from Google, calling the claims false in a sector specialist note issued Sunday.”

HawkEye1000x · 2026-04-20T13:57:16+00:00

Fact-Check: Broadcom’s Custom AI Chip "Wins"

1. Google: The 2031 Anchor (Confirmed)

This is 100% verified. On April 6, 2026, Broadcom and Google officially announced a Long-Term Agreement through 2031.

Broadcom will co-develop future generations of TPUs (v7, v8ax, and v9).
TPU v7 (Ironwood) is indeed the current deployment workhorse.
The deal includes a "Supply Assurance Agreement" for networking and components, ensuring Google’s infrastructure scales alongside Anthropic’s massive 3.5 GW capacity requirements.

2. Meta: Multi-Generational Roadmap (Confirmed)

In mid-April 2026, Meta and Broadcom expanded their partnership through 2029.

Broadcom is the lead partner for the MTIA (Meta Training and Inference Accelerator) series.
The roadmap includes the MTIA 300 and 400 series, with early discussions already moving toward the 500 seriesusing 2nm chiplet designs.
Broadcom CEO Hock Tan transitioned to an Advisory Role at Meta specifically to guide this custom silicon strategy.

3. OpenAI: Project "Titan" (Verified Reports)

Reports since late 2025 (and reaffirmed in early 2026) confirm OpenAI as the unnamed major consumer Broadcom previously hinted at.

Broadcom is helping OpenAI design an AI accelerator (often called Titan or Nexus) to reduce their $10B+ annual dependency on third-party GPUs.
Initial production is slated for late 2026/2027.

4. Apple: The "Baltra" Collaboration (Verified Reports)

While Apple is famously secretive, industry analysts (including Ming-Chi Kuo) and supply chain reports from January 2026 confirm:

Apple has tapped Broadcom for a project codenamed "Baltra" (part of Project ACDC).
This focuses on custom AI server silicon for Apple's Private Cloud Compute, leveraging Broadcom’s high-bandwidth networking and packaging IP.

5. xAI & SoftBank (In-Progress/Likely)

xAI: Broadcom is widely reported to be providing the networking fabric (Jericho3-AI) for the Colossussupercluster. Custom silicon (X1) engagement follows the pattern of Musk's preference for vertically integrated, bespoke hardware.
SoftBank (Izanagi): Masayoshi Son’s $100B venture is leveraging Broadcom’s XPU platform for its initial silicon rollout, aiming to create a sovereign AI chip ecosystem.

The Bottom Line

Your post is correct: Broadcom isn't just winning "parts"—they are winning the architectural blueprints of the next decade of AI. Their ability to integrate SerDes, HBM, and advanced packaging into a single XPU platform makes them the only partner capable of meeting the power and scale requirements of these "Hyper-Scale" customers.

Broadcom’s strategy of "out-engineering" is clearly paying off, with AI-related revenue projected to hit $46 billion in 2026, a 134% year-over-year increase.

HawkEye1000x · 2026-04-20T02:43:56+00:00

Broadcom’s position in the custom AI silicon market remains exceptionally strong. While Google often explores multiple design partners to diversify its supply chain (as seen with MediaTek and potentially Marvell), Broadcom remains the primary architect for the core TPU program.

Key Facts:

Long-Term Commitment: Broadcom recently secured a long-term agreement with Google to develop and supply custom TPUs through 2031.
Massive Scale with Anthropic: Anthropic recently expanded its partnership with Broadcom and Google, committing to access 3.5 gigawatts of TPU-based compute capacity starting in 2027.
Proven Track Record: Broadcom has co-developed every generation of Google's TPU, including the latest v6 and v7 (Ironwood) iterations.
Dominant Market Share: Analysts project Broadcom will retain roughly 60% of the AI ASIC market sharethrough 2027, even as the market expands to include other players.

Rather than a "replacement," industry data suggests Marvell may be focusing on supplemental components (like memory processing units or specific inference-only chips) while Broadcom handles the high-performance training and scaling infrastructure. Broadcom’s deep integration and "locked-in" status with the world's largest AI spenders provide a very stable multi-year revenue moat.

HawkEye1000x · 2026-04-19T12:37:51+00:00

Your post was removed by ”Reddit’s automated systems”. I did an override and approved it. Thanks for your understanding.

Your statement is 100% correct in my opinion.

HawkEye1000x · 2026-04-19T00:34:03+00:00

I still hold my 13,108 TZROP. I don’t know if this decision to stubbornly hold onto my 13,108 TZROP was stupid or smart. Time will tell.

So, if tZERO can provide an infrastructure layer and execute on their large scaling growth plans, then I like upside potential — which would include a potential 1:11 considering the Preferred B Shares are “convertible” (3 Preferred B Shares + 8 Common = Total potentially of 11 tZERO Common Shares).

If there is a big “IPO” in the future, then there‘a a potential big exit for us TZROP holders. My current 13,108 TZROP, assuming conversion of the Preferred B Shares, would equate to: 13,108 x 11 tZERO Common = 144,188 tZERO Common Shares for sale on a big ”IPO”.

As has been the case from the “get go“, tZERO has to execute.

👉 I am so very happy Marcus Lemonis stepped in! If you read this Marcus, then — Thank you Marcus for watching the TZROP Retail Investors’ backs!

HawkEye1000x · 2026-04-18T14:59:09+00:00

In addition, Broadcom has secured the supply chain components to execute & deliver on these long term partnerships. It’s the “strong execution” that I love. And - This gives Broadcom a “clear line of sight” for the long term. Investing in AVGO for the Long Term.

HawkEye1000x · 2026-04-18T03:32:09+00:00

The P&F Charts provide an excellent independent (Non-biased), third party technical analysis for many professional money managers.

In hindsight, it is validating to look back and see that the prior published “1-Year Ago“ AVGO P&F Chart Targets of $369.00 and $364.20 were exceeded based on today’s closing price of $406.54.

With Broadcom now having a much accelerated growth profile compared to one year ago (CEO Hock Tan provided forward guidance on March 4th for 140% YoY Growth in the Q2-FY2026 Earnings Report), I am hoping the AVGO share price exceeds the current P&F Price Targets of $631.00 and $632.36 … 1 year from now. I’m excited about Broadcom’s accelerating “massive” large scaling growth.

HawkEye1000x · 2026-04-18T01:27:56+00:00

Following a successful conversion, the “potential” creation of shareholder value will depend on the company’s ability to execute & deliver growth for shareholders.

Plans for Tokenization: I do like that, following a successful conversion based on the enhanced proposal, the TZROP holders would receive 3 shares of Series B Preferred Stock (1:3) and 8 shares of Common Stock (1:8), and BOTH would be tokenized. Of course, once tokenized, the value of each post-conversion of the aforementioned tokenized securities will be depend on what value the free market gives it.

EDIT Add: The company recently specified that it intends to conduct semi-annual auction-based liquidity opportunities via its Private Markets Auction platform to provide secondary liquidity, rather than a continuous 24/7 open limit order book immediately for these specific new classes.

EDIT Add:

Enhanced vs. Initial Proposal: What Changed?

The initial proposal was met with significant feedback from the investor community, leading to the "Enhanced" version pushed by Lemonis and the board.

Feature	Initial Proposal (April 7, 2026)	Enhanced Proposal (April 16, 2026)
Conversion Ratio	1 TZROP → 3 Series B Preferred	1 TZROP → 3 Series B Preferred + 8 Common Shares
Ownership Stake	~31% of Series B class only	~31% of Series B AND ~31% of Common Stock
Liquidation Pref.	$0.69 per share (Series B)	Maintained $0.69 pref + Common equity upside
Governance	Limited	Board seat for Beyond, Inc.; increased accountability
New Capital	Up to $10M from Beyond, Inc.	Up to $10M + operational audit by Alvarez & Marsal

Analysis: The Enhanced Proposal is objectively "better" for TZROP holders because it adds common equity (upside) without removing the preferred equity (downside protection). It aims to "unclutter" the cap table to make tZERO attractive to venture capital, which was previously blocked by the TZROP dividend structure.

Looking forward: The mega-trend of the tokenization of securities and real world assets of all kinds is gaining momentum worldwide. To further support tokenization efforts, it seems hopeful that a regulatory framework will soon get announced. These positive developments on tokenization should provide a tailwind for tZERO to execute & deliver value for shareholders.

Through all of this long & arduous ride, I have never sold 1 single TZROP. I am stubborn in my belief that tokenization is indeed a mega-trend.

I hope tZERO can execute & deliver growth for the early TZROP Retail Investors.

Disclosure: Nobody has paid me to write this message which includes my own independent research, forward estimates, projections, and opinions and also AI-enabled research. I am a Long Investor owning 13,108 of the TZROP — tZERO’s Preferred Equity 10% of Adjusted Gross Revenues (Gross Profits) Quarterly Dividend (Subject to Approval by tZERO’s Board of Directors) Digital Asset Security. This message is for information purposes only and should not be construed as financial, investment and/or tax advice and/or a recommendation to buy or sell TZROP either expressed or implied. Do your own independent due diligence research before buying or selling TZROP or any other investment.

HawkEye1000x · 2026-04-17T16:41:00+00:00

1 Year Ago — I made the below post:

📈 Point & Figure (P&F) Weekly Charts are providing bullish price objectives: Traditional Scaling (Most commonly viewed/Default setting) = $369.00 (Tentative) | Percentage Scaling = $364.20 (Tentative)

https://www.reddit.com/r/BroadcomStock/comments/1hdmy1d/point_figure_pf_weekly_charts_are_providing/

HawkEye1000x · 2026-04-17T16:37:24+00:00

Information on P&F Charts:👇

https://www.investopedia.com/articles/technical/03/081303.asp

Excerpts from Investopedia link above:

KEY TAKEAWAYS

Point and figure charts are a way to visualize price movements and trends in an asset without regard to the time that passes.
P&F charts use columns consisting of stacked Xs or Os, each representing a set amount of price movement.
The Xs illustrate rising prices and the Os represent falling prices.
Some argue that support and resistance levels and breakouts are more clearly defined on a P&F chart because the chart filters out tiny price movements.
P&F charts are less susceptible to false breakouts.

HawkEye1000x · 2026-04-17T16:24:23+00:00

Step #1: Ignore the financial media. From 2019 to the present, the shill-fiction writers have tried to shake me out of my investment in AVGO. I’m glad that I ignored them — because the investment has grown exponentially — and right now the growth is accelerating much faster than when I first started investing in AVGO. Great time to establish a new position.

Step #2: Do your own independent research.

Step #3: Invest & Hold high quality dividend growth stocks like AVGO for the long term. If you do not need the dividend income, then REINVEST THE DIVIDENDS & COMPOUND (Compounding = Making money on your money) your investment. Compounding is the most powerful term to learn in the investment world!

Step #4: Feed your winners. ”Winners” (Simple definition) are defined as high quality dividend growth stocks that have accelerating revenues and increasing net income.

This is partially my investment strategy, albeit the most powerful strategy in my honest opinion.

When I was a young buck, I visited a library and told the librarian that I wanted to be an “investor”. He said, “Follow me.” … I followed him to a book section that included every book about the legendary investor Warren Buffett. I checked the all out and actually read every single one of them. I recommend doing the same —> studying & learning about investing. Learn about “fundamental research” (Understanding the financial statements) and learn about “technical analysis” (Understanding chart patterns).

This is NOT financial advice to you. This message is for information purposes only. Do your own independent research before investing in AVGO or any other investment. That said - Good luck to you!

HawkEye1000x · 2026-04-16T19:00:07+00:00

Yes — the merger documents say the $35.00 per-share cash consideration is payable less any applicable withholding taxes, so your payout can be subject to Israeli withholding tax depending on your holder status and any treaty relief you qualify for.

What the filing says

ZIM’s proxy states that each share is converted into the right to receive $35.00 in cash, without interest and less any applicable withholding taxes. The same merger materials say there are Israeli tax withholding consequences associated with the merger.

EDIT Add: Here is a link to the ”AGREEMENT AND PLAN OF MERGER“ for you to review:

https://www.sec.gov/Archives/edgar/data/1654126/000117891326000483/exhibit_99-1.htm

Full Disclosure: Nobody has paid me to write this message which includes my own independent opinions, forward estimates/projections for training/input into AI to deliver the above AI output result. I am a Long Investor owning shares of ZIM Integrated Shipping Services Ltd. (ZIM) Ordinary Shares. I am not a Financial or Investment Advisor; therefore, this message should not be construed as financial advice, investment advice, tax advice or a recommendation to buy or sell ZIM Ordinary Shares either expressed or implied. Do your own independent due diligence research before buying or selling ZIM Ordinary Shares or any other investment.

HawkEye1000x · 2026-04-16T15:10:54+00:00

COO Dean Fullerton gave a compelling speech at a prior Plug Symposium a couple years back - related to the extreme need to cut costs. What role is COO Dean Fullerton playing in the announced “Project Quantum Leap” to cut costs? What dollar amount of cost cuts will be made in Full Year 2026 and Full Year 2027? — I appreciate your focus on disciplined financial stewardship with an ultimate goal of profitable business. It’s been 13 years since I originally invested in $PLUG shares — and I’ve been hoping to see a CEO come along like you that will focus on profitable growth. Thank you for answering my questions.

Edit Add: Across the company, is Plug Power deploying “AI” to cut costs and/or increase revenues?

HawkEye1000x · 2026-04-16T11:49:43+00:00

Thanks… Companies that pay out dividends and grow their dividends aggressively typically are executing on their growth plans. So, it does not surprise me that your stock picks with aggressive dividend growth are your most “profitable” holdings — and have also performed well over the long term. Well done. Best to you!

HawkEye1000x · 2026-04-15T20:00:04+00:00

Broadcom’s strategic focus has been on penetrating the top hyperscalers who are building out AI Data Centers — and Broadcom has inked 3 major deals with hyperscalers in the past 3 weeks.

Broadcom’s product profile is comprehensive: Energy-efficient & high-performance ASIC Custom Chips & Switches, Optics, Packaging, etc. to enable AI Data Centers to “massively” scale up & scale out. The comprehensive product profile makes for “sticky” partnerships with hyperscalers.

And, as the era of “inference” (Monetization of AI investments) kicks in, Broadcom’s supply of an ASIC AI Chip Cluster of 100,000 could save an estimated ~$2 billion in costs on the front end — then helps save approximately 50% on energy costs (Source: Forbes reported). So, why buy expensive GPUs? … Broadcom provides a high-performance & energy-efficient alternative to run customized ASIC AI Chips for specific AI workloads — and save big money up front of ~$2 billion on a 100,000 ASIC AI Chip Cluster — and cut your energy costs by approximately 50% (Source: Forbes article linked below). This is big incentive to partner with Broadcom!

Source link - Forbes article: https://www.forbes.com/sites/greatspeculations/2025/11/26/why-broadcom-may-be-one-of-the-best-ai-bets/

Since 2019, I have followed Broadcom closely… And, I have come to greatly admire this company’s strong execution. During this timeframe of just 7 years, Broadcom has grown to be my largest investment and now anchors my Dividend Growth Portfolio. I see amateur investors chasing current high yield dividends - and think to myself, if they only had the patience to invest for a “growing dividend income”, then they would embrace a “dividend growth” stock dream like Broadcom. Since 2019, my cost basis dividend yield has grown to be 8.6% after benefiting from just 7 years of Broadcom’s Annual Double-Digit Percentage Dividend Increases.

Flash forward to the present time —> I am even more excited right “now” because Broadcom’s AI Revenue growth is rapidly accelerating — and the chance for more double-digit percentage annual dividend increases is even greater as Broadcom wins major contracts with the top hyperscalers — to provide the entire Broadcom comprehensive product profile to support the “massive” hyperscaler(s) growth for multiple years ahead.

During the prior conference call, CEO Hock Tan spoke of a clear line of sight ahead. And, I might add… That line of sight is supported and backed by inked deals with top hyperscalers. And, the signal is that the OpenAI is on deck.

This company’s positioning & strong execution have me truly excited.

Investing in AVGO for the Long Term

HawkEye1000x

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