Posted 2/17/2024, 4:11:00 PM
Nvidia Leads AI Chip Market But Faces Threat From Tech Giants' Custom Chips
- Nvidia dominates the AI chip market but faces threat from tech giants making custom AI chips
- Companies like Amazon, Microsoft, Meta, and Alphabet are developing custom chips to reduce reliance on Nvidia
- Custom chips can save hundreds of millions in costs and tackle specific AI workloads
- The custom AI chip market could be worth up to $55 billion by 2027
- Nvidia may enter the custom AI chip market itself based on discussions with major customers