Nvidia and TSM lead the AI chip race as tech giants battle for supremacy
The race for dominance in artificial intelligence has intensified, with tech giants and chipmakers driving rapid advancements. Companies like Nvidia, Alphabet, Amazon, and Microsoft are leading the charge, while governments push ambitious initiatives to stay ahead.
Nvidia currently dominates the AI chip market, holding an estimated 92% share in data centre chips. Its technology powers AI systems for Amazon, Google, and Microsoft, making it a cornerstone of the industry. Meanwhile, Taiwan Semiconductor (TSM) remains the world’s top chip manufacturer, producing around 71% of all AI chips globally.
The competition in AI is reshaping industries, with Nvidia and TSM controlling chip production while tech giants expand their AI capabilities. Alphabet’s stock gains reflect confidence in its integrated AI strategy, and government-backed projects like Genesis signal a broader push for AI leadership.
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