Nvidia, Broadcom, and AMD Each Won Deals With OpenAI. Here's the Biggest Winner of the Bunch.

These chip rivals each aim to win as AI spending reaches into the trillions of dollars.

Recent weeks have been ripe with deals among artificial intelligence (AI) players. Words from Nvidia 's ( NVDA 0.49% ) Jensen Huang during the company's earnings report in August set the stage for this: At the time, Huang predicted that AI infrastructure spending would reach as much as $4 trillion by 2030.

This signals that demand for compute is strong and that in the coming quarters and years, orders for AI chips may explode higher. That would benefit designers of chips, including Nvidia and rivals like Broadcom ( AVGO 1.05% ) and Advanced Micro Devices ( AMD 3.75% ) . And this has already begun, as each of these players has struck a deal with one of today's biggest AI playe