By Alexey Bondarev
Publication Date: 2026-10-13 03:41:00
Broadcom CEO Hock Tan said Monday that capital, not wafer or memory shortages, may become the biggest limit on AI growth, even as demand could outrun supply into 2030.
Key Points:
- Broadcom CEO Hock Tan said capital, not wafer or memory supply, may be the biggest limit on AI growth.
- Tan said demand for compute could exceed supply through 2029 and possibly into 2030.
- Intel CEO Lip-Bu Tan also cited the cost of capital and pressure to show returns on AI spending.
Hock Tan Flags Capital
Speaking on a panel in Singapore on Monday, Tan said the chipmaker is overcoming wafer and memory shortages, but capital will be its biggest constraint as AI development continues.
He added that frontier labs Anthropic and OpenAI have shown they can generate significant revenue from the latest models deployed as AI personal assistants.
The industry has hit one supply bottleneck after another over the past two years and worked through each, Tan told the DBS Asia Future Forward Conference. “Memory…
