--- title: Broadcom steps back from M&A as AI revenue surges description: Broadcom CEO Hock Tan, known for building the company through aggressive acquisitions, says dealmaking is no longer a priority because AI revenue is growing... canonical: https://daily.dev/posts/broadcom-steps-back-from-m-a-as-ai-revenue-surges-kcdv8gnnf twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Broadcom steps back from M&A as AI revenue surges | daily.dev og:description: Broadcom CEO Hock Tan, known for building the company through aggressive acquisitions, says dealmaking is no longer a priority because AI revenue is growing... og:url: https://daily.dev/posts/broadcom-steps-back-from-m-a-as-ai-revenue-surges-kcdv8gnnf og:image: https://api.daily.dev/og/posts/kCDv8GNNF.png og:image:alt: Broadcom steps back from M&A as AI revenue surges og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Broadcom steps back from M&A as AI revenue surges **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary Broadcom CEO Hock Tan, known for building the company through aggressive acquisitions, says dealmaking is no longer a priority because AI revenue is growing faster organically than any acquisition could match. Broadcom has become a key player in custom AI silicon, supplying hyperscalers like Google with custom TPUs and participating in chip supply chains designed to challenge Nvidia. Tan argues that in a fast-moving AI market, capital tied up in slow-closing deals is a liability, and organic growth from custom chip programs is compounding faster than anything the company could buy. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Broadcom says AI companies can’t make their own silicon](https://daily.dev/posts/broadcom-says-ai-companies-can-t-make-their-own-silicon-opbib9lsm) · The Register · 0 upvotes · 0 comments - [Meta and Broadcom extend their AI chip deal to 2029](https://daily.dev/posts/meta-and-broadcom-extend-their-ai-chip-deal-to-2029-vwowpaote) · The Next Web · 0 upvotes · 0 comments --- Tags: [#business](https://daily.dev/tags/business), [#gpu](https://daily.dev/tags/gpu) [View this post on daily.dev](https://daily.dev/posts/broadcom-steps-back-from-m-a-as-ai-revenue-surges-kcdv8gnnf) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Broadcom steps back from M&A as AI revenue surges","url":"https://daily.dev/posts/broadcom-steps-back-from-m-a-as-ai-revenue-surges-kcdv8gnnf","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/broadcom-steps-back-from-m-a-as-ai-revenue-surges-kcdv8gnnf"},"datePublished":"2026-06-05T11:01:52.474Z","dateModified":"2026-06-05T11:02:10.324Z","description":"Broadcom CEO Hock Tan, known for building the company through aggressive acquisitions, says dealmaking is no longer a priority because AI revenue is growing...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/243b9dc85be231b4b14f29b0ba5f9fef?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/243b9dc85be231b4b14f29b0ba5f9fef?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/broadcom-steps-back-from-m-a-as-ai-revenue-surges-kcdv8gnnf","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"business,gpu","timeRequired":"PT3M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Broadcom steps back from M&A as AI revenue surges"}]} ```