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News 2026-10-12 17:01 UTC

Broadcom Stocks Fall 1.4% as Hock Tan Calls Capital AI's Bottleneck

Broadcom NASDAQ:AVGO, the custom-chip and networking supplier, warned that funding could become the biggest obstacle to AI expansion, according to Reuters, as shares traded at $356.60, down approximately 1.4% at 10.50am EST. CEO Hock Tan's message puts customers' spending capacity squarely in focus…