Developing in-house chips reduces dependence on Nvidia and Intel, tailor-made for AI models, boosts performance, and saves on energy costs.
New AI chips challenge Nvidia's 90% market control, posing a threat to its dominance and share price, creating competition and offering alternative options to clients.
AI models demand massive computing power, requiring specific AI chips due to data volume. Nvidia's waitlist and Intel's Gaudi 3 chip indicate fierce competition in the market.
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