Broadcom vs IBM

Broadcom CEO dismisses Anthropic slowdown push, AI revenue targets firm

Broadcom CEO Hock Tan said on CNBC's Mad Money that the debate over a potential slowdown in frontier AI model development, sparked by Anthropic CEO Dario Amodei's weekend essay, has not changed the company's AI revenue targets for fiscal 2027 and 2028. Tan reaffirmed forecasts of $115 billion in AI semiconductor revenue for fiscal 2027 and $230 billion for fiscal 2028. He noted strong demand for inference computing and said Anthropic is on track to become Broadcom's largest custom chip customer in 2027 and 2028. Tan agreed with Amodei on the need for AI safeguards but compared AI's potential to the Industrial Revolution, emphasizing its value creation. The comments come amid investor concerns, reflected in a 4.8% drop in Broadcom shares and a 5.6% decline in the semiconductor ETF.

• Broadcom CEO Hock Tan says AI revenue targets for fiscal 2027 ($115B) and 2028 ($230B) remain unchanged.
• Tan stated on Mad Money that demand for compute infrastructure and inference remains strong and durable.
• Anthropic CEO Dario Amodei's weekend essay advocating for AI slowdown rattled investors, causing Broadcom shares to fall 4.8%.

TSMC August revenue surges 53% to record high

Taiwan Semiconductor Manufacturing Co. (TSMC) reported record revenue for August 2026, driven by strong demand for AI chips. Revenue hit NT$514.8 billion ($16.35 billion), up 53.3% year-over-year and 10.1% from July, marking the fourth consecutive month of growth. TSMC's dominance in the global foundry market continued with a 72.5% share in Q2, per TrendForce, and its advanced chip capacity is fully utilized due to AI server demand. The growth was attributed to 'extraordinarily robust' AI demand from key customers such as Nvidia, Broadcom, AMD, and Apple. Additionally, TSMC announced plans to adopt ASML's High-NA EUV technology for advanced nodes starting in 2030, collaborating to advance chip production for complex AI architectures.

• TSMC's August 2026 revenue hit NT$514.8 billion ($16.35 billion), up 53.3% year-over-year and 10.1% from July.
• This marked the fourth consecutive month of revenue growth.
• TSMC holds a 72.5% global market share in foundry services, per TrendForce.

Marvell CEO Says Trust Drives 241% Stock Surge

Marvell Technology CEO Matt Murphy credited trust with major technology companies for the chipmaker's 241% share price surge over the past year. In an interview with CNBC's Jim Cramer, Murphy highlighted Marvell's role as a neutral supplier ("Switzerland") in the AI ecosystem, providing custom silicon to all four major U.S. hyperscalers and optical connectivity products across the industry. The company announced partnerships with Nvidia in March and Google in August, and expects data center revenue to grow 60% in fiscal 2027. Murphy dismissed concerns about competition from Qualcomm's recent deal with Amazon.

• Marvell shares rose 241% over the past 12 months.
• Marvell signed a multi-year technology supply agreement with Google in August.
• Marvell partnered with Nvidia in March.

ParityQC Launches Twine Optimizer for IBM Quantum

Innsbruck-based quantum startup ParityQC launched its Parity Twine Optimizer, a compiler that translates computational problems into quantum computer instructions with fewer steps. The technology set a world record for executing the Quantum Fourier Transform on IBM quantum hardware. The product is now listed in the IBM Qiskit Functions Catalog, available to IBM Quantum Network members with a 30-day trial. It is one of only seven third-party offerings in the catalog. The compiler reduces gate count and circuit depth, particularly for two-qubit gates, and eliminates SWAP operations. It supports IBM's Heron and Nighthawk chip layouts. ParityQC claims it is the most efficient quantum compiler for larger, more densely connected problems. The company aims to make quantum computers more practical for industrial optimization tasks like route planning and portfolio composition.

• ParityQC launched the Parity Twine Optimizer, a quantum compiler.
• The product is available in the IBM Qiskit Functions Catalog.
• It set a world record in executing the Quantum Fourier Transform on IBM hardware.

IBM launches the AI Lighthouse Council for companies using SAP to accelerate agentic AI innovation, beginning with the energy and utilities industry

IBM announces the launch of the AI Lighthouse Council for SAP, targeting the energy and utilities industry, to accelerate agentic AI innovation.

IBM and NASA Release Open-Source AI Model to Support Lunar Exploration

IBM and NASA release an open-source AI model for lunar exploration; IBM and Lockheed Martin announce a Swiss Quantum Innovation Hub at ETH Zurich; IBM completes acquisition of HRL Laboratories; IBM unveils next-generation dual-architecture processor for IBM Z and LinuxONE.