Broadcom CEO addresses Anthropic's slowdown push, says AI revenue targets haven't changed

Broadcom's CEO dismissed concerns that Anthropic's proposal to slow down frontier AI model development (the creation of increasingly powerful AI systems) would hurt the chipmaker's business, stating the company maintains its revenue forecasts for AI semiconductors through 2028. The slowdown proposal from Anthropic's CEO sparked a stock market sell-off among chip companies, but Broadcom's leader expressed confidence that demand for compute infrastructure (the hardware needed to run AI systems) and AI inference (using trained models to make predictions or generate outputs in real-world applications) will remain strong.