Reported about 7 hours ago
Nvidia's prominent clients, such as Google, Amazon, and Meta, are increasingly entering the AI chip market, presenting a potential threat to Nvidia's profit margins. These tech giants are developing their own custom chips to reduce dependency on Nvidia's expensive offerings and enhance their own AI capabilities. Analysts predict that by 2028, custom chips from these companies could constitute 45% of the AI chip market. While Nvidia remains a leader in the sector, the rise of in-house chip production from its customers may slice into its market share over time.
Source: YAHOO