Broadcom CEO addresses Anthropic's slowdown push, says AI revenue targets haven't changed
- ID
- 24415
- Status
- summarized
- Published
- 15 Sep 2026, 6:43 AM
- Fetched
- 15 Sep 2026, 6:53 AM
- Provider
- CNBC Technology
- Category
- technology
- Original URL
- https://www.cnbc.com/2026/09/14/broadcom-ceo-on-anthropics-slowdown-push-ai-revenue-targets-havent-changed.html
- Source URL
- https://www.cnbc.com/id/19854910/device/rss/rss.html
Summary
- Score
- 4.0
- Created
- 15 Sep 2026, 6:54 AM
- Tags
- Audience
- developersai_ml_learnerssaas_founders
What happened
Broadcom CEO Hock Tan told CNBC that Broadcom's long-term AI revenue targets are unchanged after Anthropic CEO Dario Amodei published an essay advocating for a moderation in frontier AI model development pace, a stance supported by OpenAI's Sam Altman and Elon Musk. Investors reacted negatively: Broadcom shares fell 4.8% and the iShares Semiconductor ETF fell 5.6%, reflecting concerns that slower model development could reduce compute demand. Tan compared AI's potential impact to the Industrial Revolution and said safeguards are needed but the technology will 'create huge value.'
Why it matters
If frontier model development actually slows, it could shift compute demand trajectories and eventually affect GPU/cloud pricing and availability that builders rely on. For now, this is CEO commentary and a single-day stock reaction, not a confirmed demand change, so no immediate infrastructure decision is warranted. Malaysian builders should watch whether Amodei's slowdown advocacy translates into actual training compute reductions at major labs, which would signal cheaper inference costs ahead.
Discussion angle
Does Amodei's slowdown push, backed by Altman and Musk, signal a real shift in frontier model timelines, or is it coordinated positioning that won't change actual compute spending? What would a genuine slowdown mean for builders betting on ever-cheaper, ever-more-capable models?