Core Viewpoint - The article discusses the rapid expansion of Artificial Intelligence (AI) and the shift from general-purpose GPUs to customized application-specific integrated circuits (ASICs) by cloud service providers to reduce power consumption and costs [1]. Group 1: ASIC Market Growth - The ASIC market is projected to reach $22.78 billion by 2025 and challenge $36.8 billion by 2032, with a compound annual growth rate (CAGR) of approximately 7.1% [2]. - Customized ASICs offer significant advantages over GPUs in terms of power consumption, unit cost, and heat dissipation, making them increasingly popular for cloud and edge computing [2]. Group 2: Collaboration between TSMC and Marvell - TSMC and Marvell have announced a deepened collaboration focusing on advanced processes below 3 nanometers and next-generation silicon photonics technology [1][4]. - TSMC holds over 60% of the global foundry market share and has a production capacity of approximately 17 million 12-inch wafers annually [4]. Group 3: Marvell's Market Position - Marvell's market share in the ASIC space is approximately 15%, while Broadcom leads with a market share of 55%-60% [6]. - Marvell's AI-related revenue is expected to exceed $1.5 billion in 2024 and reach $2.5 billion in 2025, with the total addressable market for custom AI chips revised from $43 billion to $55 billion by 2028 [6]. Group 4: Technological Innovations - TSMC's silicon photonics technology aims to enhance bandwidth by ten times while significantly reducing latency and power consumption, with validation expected by 2025 and mass production by 2026 [5]. - The collaboration between TSMC and Marvell is expected to redefine the next generation of AI chip standards, intensifying cloud giants' reliance on TSMC [6].