"Zhitu is worth 1 trillion HKD, so how much can OpenAI and Claude's market cap reach? The key to vertical integration: controlling everything from models to chips in-house. Jalapeño's move seems like cost-cutting on the surface, but at a deeper level, it's about breaking free from NVIDIA's supply chain lock and cloud providers' commissions. But getting chips from prototype to large-scale service will still hit two major hurdles: 1. Can their own software stack push utilization rates close to CUDA's level? 2. Will their relationship with cloud partners like Azure turn into competition? Broadcom is only handling the backend; OpenAI is still responsible for RTL and architecture. This task demands even more engineering expertise than training GPT-5. What I'm curious about is whether they'll eventually charge separately for chips in their API, using it as a premium point for inference acceleration. #AI #OpenAI #Tech #NVIDIA #Azure #Broadcom #GPT5