Nvidia, Broadcom and Marvell Shares Fall as AI Spending Concerns Grow
Broadcom CEO Hock Tan warned that access to financing and funding costs may limit growth in AI spending. The headline reports declines in Nvidia, Broadcom and Marvell shares.
The surge in AI expenditure has been a boon for Broadcom Inc. (AVGO, Financials), the semiconductor and infrastructure software business. Hock Tan said access to financing and the cost of funding might become key limits on growth of artific…