By Omor Ibne Ehsan
Publication Date: 2026-10-13 12:15:00
Broadcom’s CEO stood before a room of investors and called them casino gamblers, then turned around and raised his own AI revenue guidance. The contradiction points to three separate warnings buried in one panel appearance, and the most dangerous one…
“A lot of investors have no clue what they are investing in,” Hock Tan, chief executive of Broadcom (NASDAQ:AVGO | AVGO Price Prediction), said at an event in Singapore. Investors, he noted, “set very extreme expectations only to find out that it’s almost like they are in a casino.”
Broadcom fell 1.88% on the session to close at $354.73, leaving the $1.69 trillion chipmaker about 28% below its 52-week high of $495.00.
The man warning about excess is also guiding his own AI revenue sharply higher. Both positions hold, because Tan sells custom chips to a handful of hyperscalers under multi-year programs, and his warning targets everyone downstream of that order book.
Three Separate Warnings Hidden in One Panel
The first…
