Broadcom Inc. (AVGO.US) CEO Hock Tan publicly downplayed concerns that a slowdown in AI model development could weaken chip demand, stressing that the company's AI chip revenue forecasts for FY2027 and FY2028 remain unchanged.

He underscored that demand for computing infrastructure remains strong, whether for AI R&D, frontier AI models, or inference computing power required to bring products to global markets. He believed such demand will remain highly sustainable.

Anthropic CEO Dario Amodei had previously called on the industry to slow the pace of advancing AI capabilities. Tan said he agreed with Amodei's view that AI requires a certain degree of regulation, but he is not overly concerned about the future trajectory of the technology, stressing that AI is not a life form that will spiral out of control and cause destruction on its own.

Hock Tan added that AI has the potential to boost productivity, comparing it with the Industrial Revolution that began in the UK in the 18th century. He stressed that AI, generative AI and frontier models will create tremendous value, and ultimately AI will serve as a tool to drive society and humanity toward a higher standard of living.
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AASTOCKS Financial News
Website: www.aastocks.com

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