Big Tech's Obsession With Custom Chips

The world's largest tech companies are driving forward with important new projects. And they're obsessive about designing custom chips to make them happen. We see examples of this in products that we use every day. Amazon (Nasdaq: AMZN) has designed its own chip so that Alexa can understand the questions you're asking and then respond with accurate answers. Meta Platforms (Nasdaq: META) has designed chips for image recognition and is designing new ones to power the Metaverse. Tesla (Nasdaq: TSLA) has designed custom chips so its self-driving cars can understand their surroundings react to them autonomously. These projects are massive in scope and can cost hundreds of millions of dollars to implement. Where's the opportunity in this for investors? In today's 7investing podcast, 7investing lead advisors Anirban Mahanti and Simon Erickson take a closer look at the process that goes into custom chip design and manufacturing. The two look at several consumer-facing companies -- including Amazon, Meta, Tesla, Apple (Nasdaq: AAPL), and Alphabet (Nasdaq: GOOGL) -- and analyze the specific chip designers and manufacturers they work with to make these projects into a reality. There's big money up for grabs, for investors who are a step ahead in deciphering which direction the industry is heading. Anirban and Simon recorded this episode of the 7investing Podcast in front of a live audience on Monday, September 19th. If you would like to attend future live recordings of our podcast, we invite you to sign up for free on our new 7investing Events page. Publicly-traded companies mentioned in this interview include Alphabet, Amazon, Apple, Broadcom, Intel, Meta Platforms, Qualcomm, Samsung, and Taiwan Semiconductor. 7investing’s advisors or its guests may have positions in the companies mentioned. Welcome to 7investing. We are here to empower you to invest in your future! We publish our 7 best ideas in the stock market to our subscribers for just $49 per month or $399 per year. Start your journey toward's financial independence: https://www.7investing.com/subscribe Stop by our website to level-up your investing education: https://www.7investing.com Join the 7investing Community Forum: https://discord.gg/6YvazDf9sw Follow us: ► https://www.facebook.com/7investing ► https://twitter.com/7investing ► https://instagram.com/7investing