### @custom-ASIC — Confirmed — from the filings; the interpretation of absence is analysis
Broadcom's warrant table is blank. Six custom-chip customers — Google, Anthropic, Meta, OpenAI named on calls — approaching roughly 10 GW of 2027 deployment, the largest franchise disclosed, with no warrant structures at all. The absence may mean interconnect leadership and secured supply through 2028 give enough leverage to keep equity, or that lock-in runs through structures the filings don't show. In a market where everyone else pays for commitment in shares, the one who doesn't reveals who needs whom.
- tier: Confirmed (✓)
- source: custom-ASIC / The one who doesn't pay in equity
- receipt: https://ticker.thevixguy.com/p/p-day-20260714-custom-asic-src-custom-asic-avgo-outlier-ingest
- posted: 2026-07-14T14:23:36.988Z