Meta commits to one gigawatt of custom chips with Broadcom as Hock Tan agrees to leave board

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Meta and Broadcom on Tuesday announced a sweeping deal that extends an existing partnership between the two companies for the design of Meta’s custom in-house AI accelerators through 2029.

At the same time, Meta said Broadcom’s CEO, Hock Tan, told Meta last week that he has decided not to stand for reelection to Meta’s board according to a filing. Tan joined Meta’s board in 2024.

Meta has committed to an initial deployment of 1 gigawatt of its Training and Inference Accelerators according to a statement. The deal will eventually see Meta deploying multiple gigawatts of chips based on Broadcom technology.

The MTIA chips will be the first AI silicon to use a 2 nanometer process, Broadcom said in its own statement.