According to a report by Reuters, Google (GOOG, GOOGL) may drop Broadcom (AVGO) as their supplier of AI chips by 2027. The report details that Google could design the chips — called tensor processing units — in-house, potentially saving the company billions. Shares of Broadcom dipped in the morning trading session on the news. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Broadcom stock fell Thursday after a news report said Google could drop Broadcom as its supplier of artificial intelligence chips as soon as 2027.
The CEO of internet search engine company DuckDuckGo testified on Thursday that his company struggled to grow its market share because Google was paying key companies billions of dollars to keep its search engine as the default on computers or mobile devices. THE TAKE: DuckDuckGo CEO Gabriel Weinberg, who was testifying at a trial in Washington to determine if Alphabet's Google broke US antitrust law, was meant to support the U.S. government's argument that Google's big pockets were used to illegally hold back its smaller rivals.