Chip stocks slide after Broadcom CEO's 'casino' comment on AI investment

Samsung and SK Hynix shares fell, dragging the Kospi lower, as investors reacted to Broadcom CEO Hock Tan's description of AI spending as a 'casino'. The remarks raised concerns about the sustainability of massive AI infrastructure investments.

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2026-10-13 05:44 · Financial Times AI
Chip stocks slide in wake of ‘casino’ comment by Broadcom boss

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