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

By Thomson Reuters Oct 12, 2026 | 1:54 AM

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)