Cerebras Systems (CBRS) and Broadcom (AVGO) are both beneficiaries of the AI infrastructure boom. Cerebras develops proprietary AI processors and complete AI computing systems, while Broadcom is a diversified semiconductor company with a dominant position in custom AI accelerators (XPUs). CBRS delivered first-quarter 2026 growth with revenues surging 94% year over year to $193.4 million, driven by a 59% increase in hardware revenues and a 178% jump in cloud and other services revenues. Partnerships with OpenAI and Amazon Web Services (AWS) validate its technology; the OpenAI agreement covers 750 megawatts of inference capacity and is valued at more than $20 billion over several years. However, CBRS is not yet profitable, reporting a GAAP operating loss of $15 million and a net loss of $14 million in the first quarter of 2026, and expects profitability to deteriorate as it invests in data-center infrastructure. Broadcom’s AI semiconductor revenues reached a record $10.8 billion in the fiscal second quarter, suggesting a 143% year-over-year surge, with management expecting it to rise to $16 billion in the fiscal third quarter. AI semiconductor bookings exceeded $30 billion during the fiscal second quarter, nearly three times quarterly AI shipments, and CEO Hock Tan stated visibility extends through 2028, supported by commitments from major customers including Google, OpenAI, Anthropic and Meta Platforms.