Google's AI chip 'Ironwood' takes on Nvidia

AI Chip Development & Cloud Strategy - Google is rolling out its in-house AI chip, Ironwood, claiming it's the most powerful and energy-efficient, targeting NVIDIA [1] - Google is opening access to Ironwood, making custom silicon a core part of its cloud strategy [2] - Cloud wars have become chip wars, emphasizing the importance of in-house silicon [3] - Google's TPUs are giving it a cost and performance advantage, helping it win cloud contracts from OpenAI, Meta, and Anthropic [3] - Alphabet CEO highlights TPUs as a major driver of cloud growth, leading to heavy investment in scaling [4] AI Model & Partnerships - Google's Gemini powers various platforms and may power Siri's upcoming AI upgrade [4][5] - The potential Google-Apple partnership for Siri's AI upgrade is highly anticipated [6][7] - Expectations are high for Gemini's capabilities in the Siri upgrade, especially video generation [8] Market Competition & Geopolitics - Other companies like Broadcom and AMD are trying to compete with Nvidia [8] - AMD expects revenue from China pipeline reopening after securing export licenses [8] - Nvidia and the US are competing with China in the AI race [9] - China is pushing domestic AI chip development from companies like Huawei [10] Financial Performance & Investment - Google Cloud revenue is up 34% Q in Q3 [6] - Google plans 93 billion dollars in capex for the year, betting on controlling the full AI stack [6]