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TPU's are vertically integrated.

If I was an investor and Google said they are going to now compete with Nvidia and TSMC I would take that as a sign they the leadership has completely lost the ability to see what their core competency is. Investing 100-200+ billion into fabs just to be on an equal playing field, is not it.

Would be a poor allocation of capital. Especially since, as they build up capacity for their own jobs, they get to see the excess to customers.




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