Why Tesla, Apple, Google and Facebook are designing their own chips

Google CEO Sundar Pichai talks about the company’s third-generation artificial intelligence chips.

Source: YouTube screenshot

Not content with relying on standard chips that are in high demand, some of the world’s biggest tech firms are developing their own semiconductors.

Apple, Amazon, Facebook, Tesla and Baidu are all shunning established chip firms and bringing certain aspects of chip development in-house, according to company announcements and media reports.

“Increasingly, these companies…


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