Shares of Broadcom Inc. (AVGO) slid nearly 4% in early trading Thursday after an unconfirmed report said Alphabet Inc. (GOOGL) subsidiary Google may drop 𓂃the chipmak🍰er in favor of producing tensor processing units (TPUs) in-house.

An individual with direct knowledge was quoted saying Google was looking to drop Broadcom as its chip supplier as soon as 2027, according to a report from The Information early Thursday. Moving to in-house chip production could potentially save Google billions in costs amid the ongoing tug-of-war with Microsoft Corp. (MSFT) over artificial intelligence (AI) m📖arket share.

Google's first in-house TPUs were produced in 2016, supporting services like Google Search, Street View, Google Photos, and Google Translate.

An unconfirmed report also said Google is looking to work with Marvell Technology Inc. (MRVL) as a chip supplier for data centers. After the report, Marvell Technology's stock briefly rose ꦯearly Thursday, before declining more than 1% at midday.

In June, Broadcom CEO Hock Tan said AI could account for as much as one-fourth of the company's semiconductor revenue. Broadcom is also in the final stages of a deal to acquire VMWare Inc. (VMW), though the companies are waiting for final regulatory approval by China's State Administration for Market Regulation.

While Broadcom's future relationship as a chip maker for Google isn't certain, the company in May signed a multibillion-dollar deal to produce 5G and wireless connectivity components for 澳洲幸运5官方开奖结果体彩网:Apple Inc. (AAPL).