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

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

By Reuters
Publication Date: 2026-10-12 06:54:00

SINGAPORE, Oct 12 (Reuters) – Broadcom CEO Hock ‌Tan said on ‌Monday that capital will be ​the biggest constraint facing the company as AI development continues.

• ‌At ⁠a panel in Singapore on Monday, ⁠Tan said that the company is ​overcoming wafer ​shortages ​and memory shortages, ‌but capital will be the biggest constraint

• He added that frontier labs Anthropic and OpenAI ‌have shown ​that they ​can ​generate significant ‌revenue from the latest ​models ​that have been deployed for AI ​personal ‌assistants

(Reporting by Jun Yuan ​Yong; Editing by ​David Stanway)