Hock Tan says market misread OpenAI revenue as Broadcom and Intel see AI chip shortage lasting two more years
firstadopter · x · 2026-10-13
According to Hong Kong's HKEJ, Broadcom CEO Hock Tan said bluntly that the market misread OpenAI's revenue figures because the underlying business is strong, adding that investors selling on a single short-term data point are "no different from gambling in a casino." In the same report, both Broadcom and Intel expect the AI chip shortage — driven by successive model breakthroughs — to last at least two more years, with supply unable to keep up even as capacity expands. The poster, firstadopter, calls out mainstream financial media for another misreporting episode just a week after the FT debacle.
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