Top Stories; Meta commits to 1 gigawatt of custom chips with Broadcom as Hock Tan agrees to leave board
Top Stories — Wednesday, April 15, 2026
What is trending in the USA today? Here is Breaking News:
- Meta commits to 1 gigawatt of custom chips with Broadcom as Hock Tan agrees to leave board — CNBC
- Erika Kirk cancels University of Georgia TPUSA event appearance over 'serious threats' — Fox News
- Biden awkwardly pulls trustee into spotlight and calls him ‘Barack’ at portrait unveiling — Fox News
Meta commits to 1 gigawatt of custom chips with Broadcom as Hock Tan agrees to leave board
Source: CNBC • Published: 4/15/2026, 4:02:20 AM
Meta and Broadcom on Tuesday announced a sweeping deal that extends an existing partnership between the two companies for the design of Meta's custom in-house AI accelerators through 2029.
At the same time, Meta said Broadcom's CEO, Hock Tan, told Meta last week that he has decided not to stand for reelection to Meta's board, according to a filing. Tan joined Meta's board in 2024.
Meta has committed to an initial deployment of 1 gigawatt of its Training and Inference Accelerators according to a statement. The deal will eventually see Meta deploying multiple gigawatts of chips based on Broadcom technology.
The MTIA chips will be the first AI silicon to use a 2 nanometer process, Broadcom said in its own statement.
"Meta is partnering with Broadcom across chip design, packaging, and networking to build out the massive computing foundation we need to deliver personal superintelligence to billions of people," Meta's co-founder and CEO, Mark Zuckerberg, was quoted as saying in the statement.
Broadcom shares rose 3% in extended trading after the announcement. Meta stock was flat.
"Now, contrary to recent analyst reports, Meta's custom accelerator, MTIA roadmap is alive and well. We're shipping now and, in fact, for the next generation XPUs, we will scale to multiple gigawatts in 2027 and beyond," Tan said on Broadcom's March earnings call.
Meta unveiled four new versions of its in-house MTIA chips in March. It first unveiled the custom silicon in 2023, following on the heels of similar chip programs at Google and Amazon.
Hyperscalers are seeking alternatives to the costly, constrained graphics processing units from Nvidia and AMD, as they hustle to power AI data centers.
They're making GPU alternatives called application-specific integrated circuits, or ASICs, that are smaller and cheaper than the general-purpose AI workhorse GPUs, but are limited to performing a narrower set of tasks.
Google was first to the custom ASIC game, releasing its first Tensor Processing Unit in 2015. Amazon was next, with its first custom chip announced in 2018. While these tech giants incorporate their AI chips as part of their respective cloud computing platforms so customers can access them, Meta's MTIA chips are used entirely for internal purposes.
The deal comes two weeks after Broadcom announced a long-term agreement with Google for producing its TPUs, and said Anthropic would access 3.5 gigawatts worth of the in-house Google chip.
Broadcom shares are up 10% so far in 2026, while the S&P 500 index has gained about 2% over the same period.
Tracey Travis, who last year retired from her position as Estée Lauder's finance chief, will leave Meta's board after taking a board seat in 2020, Meta said.
Meta has made a flurry of deals since committing in January to spending up to $135 billion on AI this year as it tries to keep pace with its megacap peers as well as Anthropic and OpenAI.
Meta's AI deals over the past couple months include commitments to deploy up to 6 gigawatts of AMD GPUs, millions of Nvidia chips and new custom chips made by chip architecture firm Arm Holdings.
Meta has plans for 31 data centers, including 27 in the U.S.
Erika Kirk cancels University of Georgia TPUSA event appearance over 'serious threats'
Source: Fox News • Published: 4/15/2026, 3:49:13 AM
Erika Kirk canceled her planned appearance at a Turning Point USA event at the University of Georgia on Tuesday after receiving what organizers described as "very serious threats."
Erika Kirk, the widow of Charlie Kirk, is recognized by President Donald Trump during the State of the Union address in the House Chamber of the U.S. Capitol on Tuesday, February 24, 2026. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
Turning Point USA spokesman Andrew Kolvet said Erika Kirk, wife of late conservative icon Charlie Kirk, received "some very serious threats in her direction," prompting her absence from the event in Athens, Georgia.
Vice President JD Vance said he had been concerned the event might be canceled and spoke with the Secret Service, adding he told Kirk to "do what she needs to do for her and her family."
Greg Wehner is a breaking news reporter for Fox News Digital.
Story tips and ideas can be sent to Greg.Wehner@Fox.com and on Twitter @GregWehner.
Get the latest updates from the 2024 campaign trail, exclusive interviews and more Fox News politics content.
Read the full story at Fox News.
Biden awkwardly pulls trustee into spotlight and calls him ‘Barack’ at portrait unveiling
Source: Fox News • Published: 4/15/2026, 3:42:54 AM
Former President Joe Biden raised eyebrows Tuesday at Syracuse University after making an awkward onstage remark comparing a Black member of the school’s Board of Trustees to former President Barack Obama.
Biden returned to his alma mater Tuesday to celebrate the unveiling of his portrait, which will be permanently displayed in the law school's Law Library Reading Room.
Video shows Biden speaking at the podium, addressing the law school's leadership by name before making the awkward joke.
"I always want to turn around to one guy and say.. 'Barack what are you doing?" Biden said as the audience laughed.
President Joe Biden speaks during an event in Washington, D.C., on May 15, 2024. (Susan Walsh/AP)
He then motioned for the man off camera to join him on stage. The man is Jeffrey M. Scruggs, chairman of the school's Board of Trustees.
"I feel like he should be standing on the right and I should be standing on the left," Biden said as Scruggs and the audience laughed.
Commentators on social media debated the moment, with critics remarking that Biden, a well-known gaffe machine, was showing his age. Others defended the president, saying it was clearly a joke.
Biden's following speech was personal and reflective, crediting family, classmates and mentors for his career while recounting how Syracuse Law shaped his belief in using the law to advance dignity, equality and democracy. He discussed his path from law student to public service through moments of national upheaval and personal tragedy, highlighted his late son Beau's legacy, and described his commitment to "dignity, respect, fairness, equality."
In his closing remarks, Biden touched on his legacy and said he hoped he'd be remembered for his fight for democracy.
"As I began to build my presidential library and foundation, [I] hope to pass down to future generations a reverence for democracy," Biden said. "And my classmates and I learned here at Syracuse because whatever, whatever my legacy may be, I hope will be said that I never stopped striving for the cause of democracy."
Former President Barack Obama (L) and U.S. President Joe Biden shake hands during an event to mark the 2010 passage of the Affordable Care Act in the East Room of the White House on April 05, 2022 in Washington, DC. (Chip Somodevilla/Getty Images)
"And I hope that long after I'm gone on future classes of Syracuse law students see the portrait and the reminder, not of me, but of the greatness and power of our democracy and of their obligation to do their part to preserve, protect, defend our Constitution," Biden continued.
Fox News Digital reached out to the Office of Joe and Jill Biden for comment.
Elaine Mallon is a writer for Fox News Digital and Fox Business covering national politics.
Get the latest updates from the 2024 campaign trail, exclusive interviews and more Fox News politics content.
Read the full story at Fox News.
For complete details, visit the original sources linked above.
Comments
Post a Comment