Broadcom CEO says biggest hurdle in AI-fuelled tech growth is capital, not memory chips

AVGO•2026-10-12

Broadcom CEO Hock Tan said capital will be the company’s biggest constraint as AI development continues, while wafer and memory shortages are easing.

1. Capital constraint

Speaking at a panel in Singapore, Tan said Broadcom is overcoming wafer and memory shortages, but capital will be its biggest constraint. He also said Anthropic and OpenAI have shown they can generate significant revenue from the latest AI personal assistant models.

Broadcom CEO says biggest hurdle in AI-fuelled tech growth is capital, not memory chips

1. Capital constraint

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