Intel and Broadcom CEOs warned that capital could be the biggest constraint on AI growth
Both executives said financing costs and the need to demonstrate returns on AI investment pose a greater risk than chip or power shortages
Broadcom CEO Hock Tan and Intel CEO Lip-Bu Tan warned in Singapore that access to capital and rising borrowing costs could become a major constraint on the artificial intelligence boom. According to Quartz, both executives suggested that financing costs and the necessity of demonstrating returns on AI investments pose a greater risk than shortages in power or chips.
Speaking at the DBS Asia Future Forward Conference on Oct 12, the executives responded to questions regarding whether the world is overbuilding AI. They stated that demand for AI infrastructure is expected to continue growing over the next three to five years, with growth primarily limited by supply constraints.
Brief written by urgent.news from Techmeme, Quartz, Straits Times Business, CNBC, CNBC World — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
