The Chief Executive Officer of Nvidia, Jen-Hsun Huang, hinted that the company is gearing up to venture into the market of specialized chips as a new frontier, according to reliable insider sources cited by Reuters.
It seems that the sector of chips tailored for businesses will witness significant development in the coming years due to the growing interest in this type of chips specialized for artificial intelligence. Companies like Nvidia and Intel have already started directing their focus towards developing chips for companies such as Microsoft and Google.
In an interview, Jen-Hsun Huang revealed that Nvidia sees the industry of specialized chips as a significant opportunity, as many companies are seeking cheaper alternatives or require custom designs. Nvidia’s current artificial intelligence processors are ready-made solutions while companies are looking to develop their own designs.
Big technology companies like Microsoft and Meta currently dominate the artificial intelligence sector, and they are already in a race to develop artificial intelligence chips to compete with other manufacturers.
Nvidia and other chip makers see a great opportunity in that, as they provide essential services to meet companies’ needs for specialized chips.
Reports mentioned that Nvidia has established a new research and development unit in the field of chips, and it is expected that this unit will soon begin the production phase to play a vital role in the field of artificial intelligence in the future.
