This supply expansion is primarily driven by Broadcom maintaining 100% share of Google's Tensor Processing Unit (TPU) franchise through 2026 due to delays in MediaTek's TPU7e. The company's strong market position is reflected in its impressive 77.19% gross profit margins and 28.01% revenue growth over the last twelve months. KeyBanc noted that TPU shipments are expected to more than double in 2026 as Google looks to make its TPU more broadly available for various workloads, further strengthening Broadcom's position in the AI chip market. The firm also highlighted upcoming artificial intelligence application-specific integrated circuit (AI ASIC) production, with OpenAI expected to ramp up its AI ASIC in the second half of 2026 with volumes estimated between 400,000 and 500,000 units.