Reported about 20 hours ago
Nvidia stocks saw an increase amid reports that OpenAI, backed by Microsoft, is set to design its own AI chips for future expansion. This move comes as major cloud service providers and chatbot developers aim to invest significantly in AI infrastructure. Despite Nvidia's leading position in the AI chip market, growing competition, particularly from the China-based DeepSeek, raises concerns about dependency on Nvidia products. OpenAI's collaboration with Broadcom and funding endeavors indicate a shifting landscape in AI technology.
Source: YAHOO