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Broadcom CEO Hock Tan Calls Current AI Investing 'Casino Gambling'

Visionary CIOs says Tan warned against speculative bets and high valuations amid concern about AI spending.

2 Sources, 1h ago, first seen 1h ago

Broadcom CEO Hock Tan Warns AI Investors: Is the AI Boom Becoming a Gamble?

TLDR

Visionary CIOs says Broadcom CEO Hock Tan echoed concerns about risky AI bets, soaring valuations and spending. Another post quotes Tan calling current AI investing “casino gambling” but argues Broadcom’s AI business is generating cash. It cites projected Q4 AI chip sales of roughly $22 billion, up from $17 billion in Q3, and suggests sales could reach $230 billion in FY28.

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2 Sources, first seen 1h ago

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