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At its AI day, the company said it sees custom AI chips as a $40 billion market opportunity, and that it thinks it can take a 20% market share, or $8 billion.
The company has seen revenue and profits booming, spurred by the AI chip boom. Last quarter, it saw its revenue climb 36% to $23.5 billion, while its earnings per ADR soared 50% to $1.94 from $1. ...
Artificial intelligence (AI) promises to bring significant advances to the global economy, which could result in higher worker productivity, faster product development, and more efficient supply ...
Even after tripling AI sales in 2024, management still expects AI chips to account for roughly one-quarter of the company's total revenue in the first quarter of 2025.
Most AI chips are made in Taiwan by Taiwan Semiconductor Manufacturing Company.. Startups focused on lowering the cost of AI are working with US manufacturers. AI chips are being made at ...
Both companies are touting their new semiconductor models as key to the development of their AI platforms, and as alternatives to the Nvidia chips they—and the rest of the tech industry—have ...