Limit formulas for norms of tensor power operators

Given an operator $\phi:X\rightarrow Y$ between Banach spaces, we consider its tensor powers $\phi^{\otimes k}$ as operators from the $k$-fold injective tensor product of $X$ to the $k$-fold projective tensor product of $Y$. We show that after taking the $k$th root, the operator norm of $\phi^{\otimes k}$ converges to the $2$-dominated norm $\gamma^*_2(\phi)$, one of the standard operator ideal norms.