AVGO News & Events

Cboe data suggests bullish flow in Broadcom (AVGO), with shares up $9.79, or 2.29%, near $436.37. Options volume running well above average with 384k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.68. Implied volatility (IV30) is higher by 2.8 points near 57.63,in the top quartile of the past year, suggesting an expected daily move of $15.84. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Broadcom (AVGO) will report earnings after the close on 2026-06-03.Option markets are pricing in a 50% probability of a move greater than 11.03% or $48.14.

Apollo Global (APO) and Blackstone (BX) are aiming to bring extra investors into a roughly $36B debt financing deal to help Anthropic develop its AI infrastructure, Bloomberg's Paula Seligson, Scott Carpenter, and Silas Brown report. The debt will be used to buy Google's (GOOGL) custom TPU chips, which the Claude maker will then lease, the authors say, citing people with knowledge of the matter. Broadcom (AVGO), which helps Google make the chips, is backstopping payments on the biggest portion of the transaction, the authors note.

Anthropic has raised $65B in Series H funding led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, valuing the company at $965B post-money, the company announced. Anthropic stated: Global enterprises across industries are deploying Claude in their core operations, and a growing number of people around the world use it for their everyday work. Since our Series G in February, adoption has continued to grow across global enterprise customers, and our run-rate revenue crossed $47 billion earlier this month. This latest funding is expected to advance our safety and interpretability research, expand compute to meet growing demand for Claude, and scale the products and partnerships our customers rely on." "The round was co-led by Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, and XN. Significant investors in this round include AMP PBC, Baillie Gifford, Blackstone, Brookfield, D.E. Shaw Ventures, DST Global, Fidelity Management & Research Company, General Catalyst, Insight Partners, Jane Street, Lightspeed Venture Partners, MGX, NTTVC, NX1 Capital, Situational Awareness LP, T. Rowe Price Associates, Inc., T. Rowe Price Investment Management, Inc., and Temasek. It also includes $15 billion of previously committed investments from hyperscalers, including $5 billion from Amazon. Joining them are strategic infrastructure partners-Micron, Samsung, and SK hynix-whose technologies play a critical role in the world's supply of memory, storage, and logic chips. As demand for Claude continues to grow, these relationships will help us scale our compute reliably at the pace our customers need. We have significantly expanded our compute capacity in recent weeks. We signed agreements with Amazon for up to five gigawatts of new capacity, with Google and Broadcom for five gigawatts of next-generation TPU capacity, and with SpaceX for access to GPU capacity in Colossus 1 and Colossus 2. Claude is the first frontier model available on all three of the world's largest cloud platforms: Amazon Web Services, Google Cloud, and Microsoft Azure. AWS remains our primary cloud provider and training partner," the company stated.