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Facebook Parent Meta to Use Broadcom Chips for Metaverse Hardware in a Billion-Dollar Deal: Report

Facebook parent Meta will become Broadcom next billion-dollar ASIC customer as the company plans to use custom chips to build its metaverse hardware, suggested a report. ASIC (application-specific integrated circuit) chips will drive $2 billion to $2.5 billion in revenue for Broadcom this year, helped by its deals with Meta and partnerships with Alphabet and Microsoft...

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