Cathie Wood Sees Competition For Nvidia As ARK Projects Custom Silicon Boom By 2030: Amazon Is The 'Sleeping Giant'

Earlier this week, Cathie Wood highlighted the intensifying competition for Nvidia Corp as ARK Investment Management forecasts that custom AI chips could command more than one-third of the compute market by the end of the decade. ARK Sees Custom Silicon Reshaping AI Compute Market Frank Downing, ARK's director of research for next-generation internet, said in a post on X that the firm expects "over a third of the compute market will be custom silicon by 2030." He defined custom as non-GPU chips — effectiv ...