Broadcom's Laser Play: Whoever Controls On-Time Light Controls AI's Pace

McDonaghMatthew · x · 2026-09-21

In his paid essay "The Company That Controls the Light," Matt McDonagh (whose family office owns Broadcom shares and options; not investment advice) argues that as AI capability grows, the physical substrate matters more: training and inference both shard work across processors, and computation is only useful when information arrives on time. Copper interconnects hit bandwidth and distance limits, leading to tiny laser components.

His core thesis: a company with the right supply agreements — he names Broadcom — can improve its own delivery schedule while making competing designs harder to ship on time.

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