Intel, Broadcom CEOs flag AI industry challenges at financial event

Intel CEO Lip-Bu Tan and Broadcom CEO Hock Tan highlighted challenges in the AI chip industry, including capital access and supply shortages. Broadcom's CEO predicts chip shortages easing by 2028-29 but supply-demand imbalance may last until 2030. They also noted high costs of training large language models and the need for AI labs to expand profitable enterprise customers.