A huge industry hidden by private-label chips

Cutting out intermediaries like Nvidia, AMD and Intel allows companies to optimise chips specifically for their unique tasks whether it’s streaming videos, serving up search queries or managing massive databases. — Bloomberg

A global surge in demand and subsequent shortage of key industrial components has turned companies like Nvidia Corp, Taiwan Semiconductor Manufacturing Co (TSMC) and ASML Holding NV into hugely influential names.

Hidden from sight, though, is a booming industry of private-label chips that will never go on sale to consumers or corporate customers.