JUST IN: ChatGPT developer OpenAI claims its new AI chips can outperform Nvidia $NVDA processors in internal tests.

What happened

OpenAI, the company behind ChatGPT, announced that its new AI chips performed better than Nvidia processors in internal tests, according to a report from WatcherGuru.

Confirmed

Global impact / market context

If OpenAI's chips truly work better, it could reduce its reliance on buying Nvidia processors, potentially lowering its costs and challenging Nvidia's dominance in the AI chip market, affecting investor expectations for both companies.

Analyst inference

This news arrives in a market where Nvidia is a major supplier of AI chips. A credible competitor could shift demand, impacting Nvidia's sales and revenue, while offering OpenAI more control over its hardware supply chain and costs.

Analyst inference

What to watch

1. OpenAI claims its new chips outperform Nvidia processors in internal tests, per the supplied article. Confirmed
2. Watch for any public, third-party verification of OpenAI's chip performance claims, which would provide independent confirmation beyond internal tests. Proposed
3. Observe whether OpenAI begins using these chips in its own products or selling them, which could signal a real competitive threat to Nvidia's market share. Analyst inference

Affected assets

• NVDA — NVIDIA • Robinhood Token

Evidence

• x.com