By Moz Farooque ACCA
Publication Date: 2026-09-15 19:28:00
This article first appeared on GuruFocus.
Broadcom (NASDAQ:AVGO) CEO Hock Tan is pushing back hard against fears that calls to slow frontier AI development could derail the chipmaker’s growth, standing behind its fiscal 2027 and 2028 AI semiconductor forecasts even after Broadcom shares sank 4.8%. For investors, Tan’s argument rests on an important distinction: even if training the most advanced models slows, demand for the computing power required to actually run AI products could remain enormous.
Broadcom designs custom AI accelerators, networking chips and other semiconductor infrastructure while also owning VMware. Its custom-chip business has become an increasingly important alternative to general-purpose GPUs as hyperscalers build specialized AI systems for training and inference.
Asked whether the emerging AI slowdown debate changed Broadcom’s forecasts, Tan was unequivocal.
No, not in the least,…
