Broadcom and Intel CEOs: AI's Bottleneck Is Now Capital, Not Chips

Speaking at the DBS Asia Future Forward Conference in Singapore on October 12, 2026, Broadcom's Hock Tan and Intel's Lip-Bu Tan said capital and its cost, not chip supply, are now the main constraint on AI growth. Broadcom, Apollo and Blackstone's $35 billion AI XPV Platform will fund over 20 GW of AI data center capacity through 2028.

• Hock Tan: "the biggest constraint is capital"; Lip-Bu Tan: "capital and the cost of capital"
• The $35 billion AI XPV Platform will fund over 20 GW of data center capacity through 2028
• OpenAI's annualized revenue was about $50 billion in late September 2026, below the ~$70 billion some reports suggested
• Both CEOs expect AI compute demand to outstrip supply through 2029 or 2030