AINewsnow

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

This story is from 2026-10-13. It is preserved in the archive; the latest stories are on the live feed.

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

Read the full story at Financial Times AI ↗

Timeline · 1 report

  1. 2026-10-13 03:40 · Financial Times AI
    Chip stocks slide in wake of ‘casino’ comment by Broadcom boss

More stories

  1. Chip stocks slide after Broadcom CEO's 'casino' comment on AI investment — Financial Times AI
  2. Chip stocks slide after Broadcom CEO compares AI investing to gambling — Techmeme
  3. Meta Releases Muse Wonder AI Models for Personal and Professional Agents — Meta Newsroom
  4. French ecosystem deploys agentic computing with NVIDIA across sectors — NVIDIA Blog
  5. MIT Professor Deb Roy Advocates for Accountability in AI-Generated Civic Text — MIT News AI
  6. Character.AI initiates voluntary Chapter 11 bankruptcy for court-supervised sale — Character.AI Blog
  7. Character.AI Files for Chapter 11 Bankruptcy, Sells Assets to Disney — Techmeme
  8. Microsoft President Says AI Is Less Regulated Than Milk — BBC Technology

Get the daily brief of stories like this at 6:30 every morning →