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Hock Tan

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business6 months ago•6 min saved

Broadcom Sees AI-Chip Revenue Surging Past $100B by 2027, CEO Says

Broadcom’s AI-chip business is accelerating, with CEO Hock Tan signaling line-of-sight to more than $100 billion in chip-only AI revenue by 2027 and the company securing its supply chain to reach that goal. The move centers on custom ASIC AI chips designed for hyperscalers, a strategy that could challenge Nvidia in the AI hardware space. The piece notes Broadcom’s AI ambitions are substantial relative to the company’s current size and that investors have yet to fully price in this growth potential.

via The Motley Fool|

#ai #ai-chips #broadcom

technology2 years ago•1 min saved

"Meta Welcomes Broadcom CEO Hock Tan to Board of Directors"

Meta announced that Broadcom CEO Hock Tan and philanthropist John Arnold are joining its board of directors, bringing extensive experience in semiconductor technology and energy infrastructure. This move aligns with Meta's focus on developing advanced infrastructure for artificial intelligence and the metaverse. The new additions contrast with the departure of former operating chief Sheryl Sandberg, reflecting a shift in the board's technical expertise.

via CNBC|

#artificial-intelligence #board-of-directors #broadcom

business3 years ago•0 min saved

Broadcom's AI Chip Demand and Strong Earnings Drive Stock Spike.

Broadcom's CEO, Hock Tan, predicts that the demand for the company's chips will increase due to the rising popularity of generative artificial-intelligence applications. The company's recent earnings report also showed strong performance.

via Barron's|

#ai-chips #broadcom #business