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"Nvidia's Pursuit of $30 Billion Custom Chip Market with New Business Unit"

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Source: Reuters
"Nvidia's Pursuit of $30 Billion Custom Chip Market with New Business Unit"
Photo: Reuters
TL;DR

Nvidia is establishing a new business unit to develop custom chips for cloud computing and AI, aiming to tap into a $30 billion market and counter the increasing competition in the semiconductor industry. The company's dominant position in AI chips has led major customers like Microsoft, Alphabet, and Meta Platforms to seek alternatives, prompting Nvidia to offer custom AI chips to meet specific needs. The move is expected to impact competitors like Broadcom and Marvell, and Nvidia also plans to target the telecom, automotive, and video game markets with its custom chip offerings.

Topics:businesstechnology#ai-processors#cloud-computing#custom-chips#nvidia#semiconductor-market#technology
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  1. Exclusive: Nvidia pursues $30 billion custom chip opportunity with new unit -sources  Reuters
  2. EXCLUSIVE-Nvidia chases $30 billion custom chip market -sources  Yahoo Finance
  3. Nvidia to build custom AI, console and telecom chips for high-profile customers: Report  Tom's Hardware
  4. Nvidia (NASDAQ:NVDA) Could Be Planning Custom Chip Business Unit - TipRanks.com  TipRanks
  5. Nvidia plans to set up new unit to capture $30B custom chip market  Seeking Alpha

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