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Core News Facts
Nvidia has announced orders for $500 billion in advanced data center chips over the next five quarters, highlighting the demand for AI computing power. Over the past 12 months, Nvidia generated $165 billion in revenue.
Broadcom is developing custom AI chips in partnership with hyperscalers, while Taiwan Semiconductor Manufacturing (TSMC) remains the world’s leading chip manufacturer essential to the AI supply chain.
Alphabet’s Google Search is still experiencing revenue growth despite concerns about generative AI, and its Google Cloud is contributing to AI workloads. Meta Platforms is facing scrutiny over its AI spending but remains a major player in the market.
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