Broadcom CEO Hock Tan has indicated the company is entering a "post-M&A phase," shifting its growth strategy to focus on internal chip development rather than large acquisitions.

Broadcom CEO Hock Tan stated that the company is prioritizing organic growth in generative AI compute over pursuing M&A, which he views as a distraction.

Broadcom CEO Hock Tan expects to double the company's revenues between 2024 and 2026, creating over $50 billion in annualized revenue.