Tech In Depth

Nvidia’s Upstart Rivals See Cracks in AI Chip Market Leader’s Dominance

Recent moves hint at competition in a new slice of the market

An Nvidia Corp. GB200 Grace Blackwell superchip on display last year during the Computex conference in Taiwan.Photographer: Annabelle Chih/Bloomberg

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By Dina Bass

February 13, 2026 at 12:02 PM UTC

This article is for subscribers only.

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Dina Bass reports on the upstart AI chipmakers that want to take on the industry’s goliath.

SoftBank’s AI gambit: The Japanese conglomerate reported a quarterly profit as its bet on OpenAI paid off with an investment gain of almost $20 billion.