Not Nvidia. Not TSMC. This Equipment Maker Is the Real Bottleneck in AI Chip Production.
Nvidia (NASDAQ: NVDA) and TSMC (NYSE: TSM) are often considered the bellwethers of the AI chip market. Nvidia , the world's largest producer of discrete GPUs for data centers, provides the best "picks and shovels" for the AI gold rush. TSMC , the world's largest and most advanced contract chipmaker, manufactures Nvidia's chips. It also serves other fabless AI chipmakers, including AMD (NASDAQ: AMD) and Broadcom (NASDAQ: AVGO) . Therefore, if Nvidia stopped developing new AI chips and TSMC stopped manufacturing them, the AI market would grind to a halt. However, neither company could produce new chips without ASML (NASDAQ: ASML) -- the real bottleneck in the AI supply chain. Image source: Getty Images. Continue reading