Intel, Broadcom CEOs cite capital as AI constraint

At a financial conference in Singapore, Intel CEO Lip-Bu Tan and Broadcom CEO Hock Tan identified capital access as a key challenge for the AI industry. Hock Tan predicted chip supply shortages would ease by 2028 or 2029 but warned the gap between computing demand and supply could persist into 2030. He also cautioned that much enterprise AI revenue stems from pilot projects rather than proven returns. Lip-Bu Tan noted Chinese open-source models are gaining traction among budget-conscious users and predicted quantum computing could go mainstream within three to five years.