Wedbush analysts assess potential impact of Google replacing Broadcom with MediaTek for tensor processing units.
Broadcom (AVGO) faced scrutiny after reports suggested Google (GOOG) (GOOGL) could replace it with MediaTek as the primary supplier of tensor processing units. Premarket trading showed little movement in Broadcom shares.
The speculation follows broader industry shifts in semiconductor supply chains, though no official announcement has been made. Analysts at Wedbush weighed in on the potential implications for both companies, though details remain limited.
Market reaction was muted, with no significant price swings in early trading for either Broadcom or MediaTek.