Hardware
AI Value Capture - The Shift To Model Labs
This article examines how value in the AI industry is shifting away from traditional chip manufacturers toward model development labs and companies that build large language models. It likely analyzes
This article examines how value in the AI industry is shifting away from traditional chip manufacturers toward model development labs and companies that build large language models. It likely analyzes the economic dynamics of AI value chains, including how software and model capabilities increasingly command premium valuations compared to hardware infrastructure alone.
Source: SemiAnalysis | 2026-05-01