Broadcom Inc. CEO Hock Tan expressed strong conviction on December 20, 2024, regarding the sustainability of the artificial intelligence frenzy, projecting demand to continue for at least ten years. This outlook is based on significant investments by major technology companies in designing custom processors to accelerate AI systems.
Tan noted that clients are intensely ramping up AI infrastructure investment plans spanning three to five years. He indicated that OpenAI and Apple Inc. have also engaged Broadcom to develop their AI server chips, aiming to diversify their exposure to other suppliers.
Broadcom's CEO further stated that customers are expected to build clusters of up to 1 million AI chips by 2027. This long-term vision underscores the company's strategic positioning as a critical partner in the foundational buildout of the AI era.
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