Hock Tan, the CEO of the American semiconductor company Broadcom, recently stated at an investor conference that the investment boom in artificial intelligence (AI) by tech giants is expected to continue until the end of this century. He emphasized that despite challenges in the global economy, spending in the AI sector is rapidly increasing, demonstrating strong market demand.
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Hock Tan pointed out at the conference that tech companies are "fully investing" in AI and related technologies to meet the growing market demand. He mentioned that as AI technology advances and application scenarios expand, major tech firms will continue to increase their investments in this area. This trend includes not only hardware development but also innovations in software and services.
As a leading chip manufacturer, Broadcom is benefiting from this wave of AI investment. The company's recent financial report showed that performance exceeded expectations, with its market value surpassing $1 trillion, reaching a new high. Hock Tan stated that this achievement is attributed to the company's strong performance in data centers, 5G, and cloud computing. He noted that as businesses' demand for high-performance computing increases, Broadcom's products will play a crucial role in future market competition.
Hock Tan also mentioned that the development of AI technology is not limited to large tech companies; small businesses and startups are actively participating in this field as well. He stated that AI is becoming the core driving force for transformation across various industries, as sectors seek to enhance operational efficiency and customer experience through AI technology.
Additionally, Hock Tan emphasized that government policy support and investment will further drive innovation and application of AI technology. He looks forward to more investment opportunities and market growth in the AI sector in the coming years, as technology continues to evolve and applications expand.
Hock Tan expressed optimism about Broadcom's future development prospects. He believes that as AI and other emerging technologies converge, Broadcom will continue to maintain its competitiveness in the global tech industry and achieve higher growth targets.
Key Points:
💡 The AI investment boom is expected to last until the late 2020s, with tech giants fully engaged.
📈 Broadcom's market value surpasses $1 trillion, benefiting from strong performance in data centers and cloud computing.
🤖 Government policy support will drive innovation in AI technology, with various industries actively seeking AI transformation opportunities.
