2024-02-09 08:39:25 ET
Nvidia Corp (NASDAQ: NVDA) is reportedly setting up a new business unit that will focus on designing custom AI chips for its customers.
Tech companies have recently started exploring alternatives to the H100 and A100 (Nvidia chips) primarily on two concerns: cost and availability.
Switching to custom chips helps on both those fronts.
So, Nvidia Corp is now building a new unit that will make custom AI chips for its customers and grab a piece of the market that rivals Marvell Technology and Broadcom Inc have been chasing actively, as per sources that talked to Reuters today on condition of anonymity.
The news arrives only weeks after the semiconductor behemoth partnered with Equinix Inc on AI supercomputers as Invezz reported here .
This is a developing story. Check back in a few minutes for more updates!
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