Broadcom CEO sees capital hurdle to AI growth, 'casino' in AI investing

AVGO•2026-10-13

Broadcom CEO Hock Tan said capital will be the biggest constraint on the company's AI growth, while likening some investment in the broader sector to casino gambling.

1. Capital and AI investment

Speaking at a panel in Singapore, Tan said Broadcom is overcoming wafer and memory shortages but that capital will be its biggest constraint as AI development continues. He also said frontier labs Anthropic and OpenAI have shown they can generate significant revenue from their latest AI personal-assistant models, and warned that some investors set extreme expectations without understanding what they are investing in.

Broadcom CEO sees capital hurdle to AI growth, 'casino' in AI investing

1. Capital and AI investment

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