Speaking at the DBS Asia Future Forward conference in Singapore on Oct 12, Broadcom CEO Hock Tan compared many AI investors to casino gamblers who lack understanding of the technology but expect high returns. He cited OpenAI's $50 billion annualized revenue in September despite continued losses due to training costs as evidence that revenue growth does not equal a validated business model. Tan said capital has replaced chips, storage and power as the biggest constraint on AI, with wafer shortages likely to improve by 2028-2029 and computing supply-demand imbalance possibly lasting until 2029 or 2030, though demand could slow if model adoption disappoints.