'Rising ASIC coalition' seeks to jettison Nvidia — Industry report claims firms are accelerating development in order to reduce dependence on the giant

Date: 2025-06-06 18:43:40

Industry reports claim that ASIC shipments are projected to rise at a compound annual growth rate of 50%. This growth is largely attributed to top cloud hyperscalers such as Google, AWS, and Meta seeking to move away from reliance on Nvidia hardware.