The chip maker is likely to be watching OpenAI after a consortium headed by Elon Musk offered almost $100 billion for the nonprofit that controls the maker of ChatGPT.

Making a high-performance processor in-house will be a bargaining chip as the AI giant buys from NVIDIA, Reuters said.

OpenAI remains on track to start producing its in-house AI chip next year, according to a report from Reuters. Sources tell the outlet that OpenAI plans to finalize its design over the next few months before sending it to the Taiwan Semiconductor Manufacturing Co (TSMC) for fabrication.