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Chip stocks slide after Broadcom CEO likens AI investing to 'casino'

Broadcom's CEO compared AI investing to a casino, triggering declines in Asian chip stocks. Samsung and SK Hynix shares fell sharply as investors questioned the scale of AI spending.

Read the full story at The Guardian AI ↗

Timeline · 2 reports

  1. 2026-10-13 20:28 · Financial Times AI
    Chip stocks slide after Broadcom boss warns of ‘casino’ mentality in AI investing
  2. 2026-10-13 15:51 · The Guardian AI
    Chip stocks slide after Broadcom boss likens AI investing to ‘casino’

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