Institution: Nvidia's PC chip announcement indicates that AI trading is surpassing GPU

She stated that the next phase of AI may no longer be limited to single chips, but will increasingly involve expanding the complete technology stack required for AI, from CPUs, GPUs, memory, to networks and servers. This means the list of beneficiaries is expanding. She pointed out that Arm is a beneficiary at the architectural level, while Microsoft acts as the gatekeeper of Windows AI. MediaTek, which co-developed the latest PC chips with Nvidia, now gains exposure to high-end computing opportunities beyond smartphones and connected devices. She added that companies such as Broadcom and Marvell are working to expand data centers at the networking layer, while PC manufacturers like Dell and Lenovo Group will produce PCs equipped with Nvidia chips.