Posted 2/17/2024, 7:16:05 PM
Nvidia Launches Custom Chip Unit to Retain AI Dominance as Big Customers Make Own Chips
- Nvidia dominates high-end AI chip market, worth $1.82 trillion, but big customers now making own chips
- Nvidia entering $30B custom chip market to retain customers and compete with Broadcom, Marvell
- New custom chip unit led by former AMD, Marvell exec targeting data centers, cloud, 5G, gaming, autos
- Custom data center chip market estimated to double from $10B now to $20B by 2025
- Nvidia shares rose, Marvell shares dropped on news of Nvidia custom chip push