OpenAI's Chip Deals: Shaking Up the AI Market

ChatGPT maker OpenAI is shaking up the AI chip market, striking deals with AMD and Broadcom, sending their stocks soaring and challenging Nvidia's dominance. OpenAI's massive spending is creating new opportunities and making it a kingmaker in the industry, but questions remain about its financial sustainability and the potential risks for chipmakers if the AI boom cools down.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.