🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Nvidia’s Big Tech rivals put their own AI chips on the table

Economic Times

Economic Times · 1y ago

Nvidia’s Big Tech rivals put their own AI chips on the table

Big tech companies like Amazon, Google, Meta, and Microsoft are investing in building their own AI chips to reduce costs, eliminate shortages, and challenge NVIDIA's dominance in the AI chip market. While NVIDIA is the leader in AI chip sales, the tech giants are looking to control their own destiny by creating their own chips. However, they continue to work closely with NVIDIA and maintain partnerships with the chipmaker, ensuring they still offer its chips alongside their own. The AI chip market is projected to double by 2027, reaching around $140 billion.

Related News

Nvidia’s business is booming. Here’s what could slow it down.

Livemint

Livemint · 1y ago

Nvidia’s business is booming. Here’s what could slow it down.

Nvidia's sales and earnings continue to soar, but challenges to their position at the forefront of the AI market are emerging. Rivals and customers are developing chips to compete with Nvidia, and AI companies are seeking more efficient models that don't require Nvidia chips. Despite these challenges, Nvidia's CEO, Jensen Huang, sees opportunities for growth by expanding the company's role into crafting data centers. Nvidia also faces competition from big tech companies like Amazon, Google, Microsoft, and Meta Platforms, which are designing their own chips. However, Nvidia plans to release new generations of advanced AI chips to maintain its dominance in the market.

Nvidia’s CEO was the man of this year, next year, and the one after that

Gizmodo

Gizmodo · 1y ago

Nvidia’s CEO was the man of this year, next year, and the one after that

Nvidia CEO Jensen Huang has become a prominent figure in Silicon Valley, gaining attention from tech giants like Microsoft, Google, and Amazon who rely on Nvidia's GPUs for their AI initiatives. Huang's vision and leadership have positioned Nvidia as the dominant player in the AI chip market, with over 80% market share. While competitors have announced their own AI chips, they are still far behind Nvidia's GPUs, and the company is expected to maintain its stronghold in the market. Huang foresees a new era of computing and is investing in cloud products to complement Nvidia's AI chips.

Nvidia’s AI Party Is Far From Over

Livemint

Livemint · 1y ago

Nvidia’s AI Party Is Far From Over

Nvidia, a prominent chip maker in the artificial intelligence (AI) field, reported stronger-than-expected quarterly results and forecasts, dispelling concerns among investors about living up to the hype. The company's revenue for the data center segment, which includes AI computing accelerator chips, reached $18.4 billion, five times higher than the previous year. Despite competition from rivals, high demand for Nvidia's chips and robust earnings growth have contributed to a positive outlook. However, managing market expectations and speculation remains a challenge for the company.

Nvidia’s role in the AI wave has made it a $2 trillion company

The Verge

The Verge · 1y ago

Nvidia’s role in the AI wave has made it a $2 trillion company

Nvidia has become the first chipmaker to reach a market capitalization of $2 trillion, following strong growth in the AI chip market. The California-based company reported record revenue of $60.9 billion in 2023, a 126% increase from the previous year. Nvidia's rapid ascent has left other tech giants like Amazon and Alphabet behind. While companies like Microsoft and Intel are working on their own AI chips, matching Nvidia's performance and production capabilities remains a challenge. This milestone places Nvidia in an elite group alongside Apple and Microsoft, who have also surpassed the $2 trillion valuation mark.

Broadcom’s AI success won’t all come at Nvidia’s expense

Livemint

Livemint · 9m ago

Broadcom’s AI success won’t all come at Nvidia’s expense

Broadcom's long-term forecast for its AI business has boosted the company's stock price, pushing its market capitalization over $1 trillion. This surge has negatively impacted Nvidia's stock price, which has declined by about 4% in the past two days. While Broadcom's market cap is still far below Nvidia's, the recent boost in stock price has brought Broadcom's price-to-earnings ratio to its highest ever. This is due to its exposure to the AI market as a supplier of networking processors and partnerships with major tech companies developing their own AI chips. However, Nvidia's market-leading silicon is still in high demand, as companies like Google and Amazon continue to emphasize their partnership with Nvidia. Both Broadcom and Nvidia are still expected to perform well in the AI market, with analysts maintaining a buy rating for both stocks.

ETtech Explainer: How Trump tariffs hit Nvidia’s China business, and stock

Economic Times

Economic Times · 5m ago

ETtech Explainer: How Trump tariffs hit Nvidia’s China business, and stock

The U.S.-China trade tensions are affecting Nvidia's business as the U.S. imposes export restrictions on Nvidia's H20 AI chips. This threatens $5.5 billion in potential sales and impacts other tech firms reliant on Nvidia chips in China. Nvidia's CEO has met with Chinese officials to address stability issues. The restrictions may accelerate China's domestic chip development and hit U.S. tech firms' revenues, including AMD. Nvidia's shares dropped significantly in response.

Nvidia chases $30 billion custom chip market with new unit

Economic Times

Economic Times · 1y ago

Nvidia chases $30 billion custom chip market with new unit

Nvidia is establishing a new business unit dedicated to creating customized chips for cloud computing companies and AI processors. The move aims to tap into the growing market for custom AI chips while protecting Nvidia from competitors seeking alternative solutions. As the dominant player in the high-end AI chip market, Nvidia controls roughly 80% of this sector. However, to meet specific needs regarding cost and energy consumption, major customers like Meta and Microsoft have started developing their own internal chips. Nvidia now plans to assist these companies in designing custom AI chips, potentially competing against industry rivals Broadcom and Marvell. Other target markets for Nvidia's custom chips include telecom, automotive, and video games.

Nvidia’s AI chip dominance is being targeted by Google, Intel, and Arm

The Verge

The Verge · 1y ago

Nvidia’s AI chip dominance is being targeted by Google, Intel, and Arm

Tech giants including Intel, Google, Arm, Qualcomm, and Samsung are forming a group called The Unified Acceleration Foundation (UXL) to challenge Nvidia's dominance in the AI market. The group aims to develop an open-source software suite that allows AI developers to run their code on any machine and with any chip, breaking free from Nvidia's proprietary tech. The project, which includes Intel's OneAPI open standard, plans to reach a "mature" state in the second half of this year. Nvidia's chips, powered by its CUDA architecture, have been popular among developers, but competitors are developing alternatives.

Nvidia’s rivals prepare their AI assault

Livemint

Livemint · 1y ago

Nvidia’s rivals prepare their AI assault

Nvidia's competitors, Intel and Advanced Micro Devices (AMD), are preparing to challenge Nvidia's dominance in the AI chip market. Nvidia's sales and market value have surged due to the demand for its chips in generative AI applications. Intel and AMD are experiencing a decline in data-center sales as companies shift their spending towards Nvidia's specialized chip platforms. AMD is launching a new class of AI accelerator chips called the MI300 family, while Intel is showcasing its latest AI products. However, both companies still have a significant gap to close compared to Nvidia's projected data-center revenue.

Huawei launches Ascend 910D AI chip to rival NVIDIA’s H100 dominance

YourStory

YourStory · 4m ago

Huawei launches Ascend 910D AI chip to rival NVIDIA’s H100 dominance

In response to U.S. export restrictions and NVIDIA's dominance in AI chips, Huawei is launching the Ascend 910D, an advanced AI processor aimed to rival NVIDIA's H100. Scheduled for distribution to selected Chinese tech firms by May 2025, this chip seeks to close performance gaps and reduce dependency on foreign technology. Though Huawei's progress promises significant impact on China's tech landscape, it faces challenges in software compatibility and ecosystem support where NVIDIA currently leads.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

Aug 2025

Build. Comply. Fund. Fly.

Crypto to INR payments app for Indians

Your CV, Done Right.

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

GST 'fraud': MNCs gained from fak ...

Exclusive: Lighthouse-backed Duro ...

US tariffs to shear 5-10% off hom ...

Download the medial app to read full posts, comements and news.