AI Chip Boom Lifts, Tests Nvidia

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AI Chip Boom Lifts, Tests Nvidia
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An explosion of new chips custom-made for artificial intelligence is reshaping the market and challenging leader Nvidia

An explosion of new chips custom-made for artificial intelligence is reshaping the market and challenging its leaderNvidia Corp., the computer-graphics giant that made a successful bet on chips purpose-built for artificial intelligence, is facing new threats to its market dominance as rivals enter a multibillion-dollar race to power everything from customer-service chatbots to robotic lawn mowers.

Qualcomm Inc., long the leading designer of silicon for smartphones, unveiled a new AI chip last month for use in cloud computing that it plans to sell next year. Graphcore, a U.K. chip-making startup that recently secured $200 million in new...

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