The craze for artificial intelligence has brought seemingly limitless demand for the chips that power it. Last month Jensen Huang, the boss of Nvidia, said that his company, the leading designer of AI chips, had $500bn-worth of orders to deliver this year and next. OpenAI, one of its customers, has also struck supply deals for the next few years with Advanced Micro Devices, for six gigawatts’ worth of AI chips (around 3m-6m), and Broadcom, for another ten gigawatts.
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