Nvidia at Risk of Losing Dominant AI Chip Market Share to Tech Giants' Custom Designs
• Nvidia has 92% market share in AI graphics cards but faces threat from tech giants making custom AI chips • Companies like Google, Meta, Microsoft, Amazon are making their own chips to reduce reliance on Nvidia's expensive GPUs • Custom ASIC chips for AI workloads expected to be a $55B market by 2027 that Nvidia risks missing out on • Nvidia reportedly creating a custom chip division, already in talks with major customers about designing ASICs • By entering custom AI chip market, Nvidia can tap into a high-growth area and retain key customers