Nvidia, Broadcom, and AMD Each Won Deals With OpenAI. Here's the Biggest Winner of the Bunch.

Recent weeks have been ripe with deals among artificial intelligence (AI) players. Words from Nvidia's (NASDAQ: NVDA) Jensen Huang during the company's earnings report in August set the stage for this: At the time, Huang predicted that AI infrastructure spending would reach as much as $4 trillion by 2030.This signals that demand for compute is strong and that in the coming quarters and years, orders for AI chips may explode higher. That would benefit designers of chips, including Nvidia and rivals like Broadcom (NASDAQ: AVGO) and Advanced Micro Devices (NASDAQ: AMD). And this has already begun, as each of these players has struck a deal with one of today's biggest AI players: OpenAI.The AI research lab, creator of popular chatbot ChatGPT, needs enormous amounts of compute to power its platforms -- and so it recently turned to these top chip companies to prepare itself for the years to come. Let's check out the three deals and find out which chip designer is the biggest winner of the bunch.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool