AI NewsWaveBroadcom and Intel CEOs: 'Capital Is the Biggest Obstacle to AI Growth'
Key points
- Broadcom and Intel CEOs point to funding
- Return on investment matters more than chips and power
- AI infrastructure demand expected to exceed supply
The chief executives of Broadcom and Intel named funding, not a shortage of semiconductors or power, as the biggest obstacle to growth in the AI industry. According to IT Chosun, Broadcom CEO Hock Tan said this on the 12th (local time) at the DBS Asia Future Forward Conference in Singapore. IT Chosun and Digital Today cited reports by Bloomberg and CNBC.
AI Times reported that the two CEOs expect AI infrastructure demand to exceed supply for the time being, while pointing out that the challenge is to recoup huge investment costs and secure a sustainable revenue model. iNews24 reported that Tan compared AI investors to casino gamblers and warned of overheated investment enthusiasm.