Broadcom CEO Holds $350B Outlook Strong Amid Calls to Slow Froniter AI Development

Broadcom CEO Holds 0B Outlook Strong Amid Calls to Slow Froniter AI Development

By Leo Miller
Publication Date: 2026-09-22 16:05:00

Concerns around security and how artificial intelligence capabilities could evolve have put a spotlight on the pace of frontier model development. After doing so several months ago, Anthropic has again called for measures that would limit how quickly frontier models can improve.

Broadcom Today

$363.97 +1.31 (+0.36%)

As of 01:16 PM Eastern

52-Week Range
$289.96

$495.00

Dividend Yield
0.71%

P/E Ratio
46.49

Price Target
$509.04

This has understandably caused significant concerns about the AI trade. On Sept. 14, the next trading day after Anthropic CEO Dario Amodei released his blog post “We Must Pace the Frontier,” many AI-related stocks tanked.

Broadcom NASDAQ: AVGO fell 4.8%, and higher volatility names like Astera Labs NASDAQ: ALAB fell more than 10%. Markets expect these stocks to put up drastic sales and earnings growth going…