Update
AVGO CEO Warns of AI Capital Bottleneck
AVGO CEO Hock Tan warns that capital could become the next AI bottleneck after chips, memory, and power. Broadcom is seeing this firsthand as it helps back a $60 billion debt package tied to buybacks of its own chips with Google, Meta, Amazon, and Microsoft, whose capital spending approaches $950 billion annually as the industry scales to meet AI demand.