Hock Tan

President & CEO, Broadcom

Hock Tan is president and chief executive of Broadcom, which he built from Avago through a run of acquisitions. Broadcom now makes custom AI chips for six large customers and projects about $230 billion of AI revenue in fiscal 2028.

Net worth: $1.4B; Forbes, Oct 1, 2026
Company: 1

Snapshot

Known for

Assembling Broadcom through serial acquisition and running it for margin rather than market share.

Worth knowing

Despite two engineering degrees, Tan started in finance, at General Motors and PepsiCo, and ran a venture capital firm before moving into chips.
He became a US citizen in 1990.
His 2023 pay of $161.8 million made him the third-highest-paid CEO in the US that year, at a ratio of 510 to 1 against Broadcom's median worker.
The Global Semiconductor Alliance gave him its Dr. Morris Chang Exemplary Leadership Award in 2024.

Based: Palo Alto, CA
Primary role: President and Chief Executive Officer, Broadcom
Latest trade: Sold $24.3M of AVGO, 8 January 2026
Born: 1951 or 1952, Penang, Malaysia
Nationality: American

Latest on Hock Tan

Featured · Deals

OpenAI trimmed its round to $20 billion at a $1.25 trillion valuation, with $11 billion committed

The round got smaller, not cheaper: $20 billion sought at the same $1.25 trillion price, and the money OpenAI no longer needs to sell is being raised as debt against chip orders.

October 31, 2026 · 4 min read

Snapshot

Latest on Hock Tan

OpenAI trimmed its round to $20 billion at a $1.25 trillion valuation, with $11 billion committed

MediaTek's first AI chip adds $2.5 billion of Q4 revenue at a lower margin, funded by Nvidia and Alphabet

Banks plan a $21 billion bond sale of Anthropic chip debt as Fitch sizes Broadcom's $43.5 billion guarantee

Broadcom names MediaTek as Alphabet's TPU 8t partner, but skeptics say it gets the cheaper die

Broadcom guarantees chip resale value in a $63 billion Anthropic lease from BofA, Citi and Morgan Stanley

Tower Semiconductor: $290 million in prepaid 2027 orders after the optics rout; Q3 print November 2

Broadcom's cofounder sold $750 million of stock while its CEO called AI investors gamblers

Ciena Promised 30% Growth Through 2029. Four Executives Sold $2.6 Million of Stock Mid-Slide.

Arista faces a $9.7 billion parts bill after insiders sold $740.8 million of stock

Nvidia invested $2 billion in Coherent; insiders sold $1.1 billion in a year and bought none

SK Hynix fell 10% by midday on an unverified Nvidia HBM4 rumor the shipment record contradicts

Broadcom CEO Hock Tan warned of an AI casino while funding $60 billion of Anthropic's chip build-out

Broadcom lends Anthropic $42 billion, then raises $50 billion for OpenAI's chips

Marvell lifts 2028 to $20 billion while Broadcom lends Anthropic up to $42 billion for the same demand

Broadcom's guarantee on Anthropic's chips just got a market price: 275 basis points

Broadcom turns its biggest chip customer into its biggest borrower

Broadcom owns its substrate plant; everyone else in AI is renting

Broadcom's $230 billion AI promise is rented from six customers, and the stock trades like it

Beijing's switch review now overhangs Hock Tan's December buyback call

Broadcom cuts off the VMware reseller it steered customers to last year

Broadcom Backs Its AI Boom With a $29 Billion Promise

Connections

At Broadcom

In the same stories

Largest fund holders of Broadcom

Ties, as Forbes lists them

Snapshot

Latest on Hock Tan

OpenAI trimmed its round to $20 billion at a $1.25 trillion valuation, with $11 billion committed

MediaTek's first AI chip adds $2.5 billion of Q4 revenue at a lower margin, funded by Nvidia and Alphabet

Banks plan a $21 billion bond sale of Anthropic chip debt as Fitch sizes Broadcom's $43.5 billion guarantee

Broadcom names MediaTek as Alphabet's TPU 8t partner, but skeptics say it gets the cheaper die

Broadcom guarantees chip resale value in a $63 billion Anthropic lease from BofA, Citi and Morgan Stanley

Tower Semiconductor: $290 million in prepaid 2027 orders after the optics rout; Q3 print November 2

Broadcom's cofounder sold $750 million of stock while its CEO called AI investors gamblers

Ciena Promised 30% Growth Through 2029. Four Executives Sold $2.6 Million of Stock Mid-Slide.

Arista faces a $9.7 billion parts bill after insiders sold $740.8 million of stock

Nvidia invested $2 billion in Coherent; insiders sold $1.1 billion in a year and bought none

SK Hynix fell 10% by midday on an unverified Nvidia HBM4 rumor the shipment record contradicts

Broadcom CEO Hock Tan warned of an AI casino while funding $60 billion of Anthropic's chip build-out

Broadcom lends Anthropic $42 billion, then raises $50 billion for OpenAI's chips

Marvell lifts 2028 to $20 billion while Broadcom lends Anthropic up to $42 billion for the same demand

Broadcom's guarantee on Anthropic's chips just got a market price: 275 basis points

Broadcom turns its biggest chip customer into its biggest borrower

Broadcom owns its substrate plant; everyone else in AI is renting

Broadcom's $230 billion AI promise is rented from six customers, and the stock trades like it

Beijing's switch review now overhangs Hock Tan's December buyback call

Broadcom cuts off the VMware reseller it steered customers to last year

Broadcom Backs Its AI Boom With a $29 Billion Promise

Connections

At Broadcom

In the same stories

Largest fund holders of Broadcom

Ties, as Forbes lists them