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"Wood Sister" Cathie Wood's ARK Invest investment management company recently predicted that Nvidia will face increasingly fierce competition in the coming years, and by 2030 custom artificial intelligence chips will hold over one-third of the market share in the computing market. Meanwhile, Google continues to position its Tensor Processing Unit (TPU) as an alternative to Nvidia's GPUs, and there are reports that Meta has agreed to lease TPUs for advanced artificial intelligence development.
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