Broadcom Falls 6% in a Night: The Next Hurdle for AI is Financing Costs

The market has begun to seriously price in a deeper variable: as financing becomes the primary source of marginal computing power, every bit of profit in the AI supply chain will be quietly absorbed into interest costs. The real test is not systemic default, but the sustained erosion of profit margins in the AI supply chain due to rising financing costs—Broadcom's next earnings report will reveal the outcome.