recent Huang podcast went into this, making the point that custom chips won't be competitive to Nvidia's as they are now making specialised chips instead of just 'gpu's'.
https://open.spotify.com/episode/2ieRvuJxrpTh2V626siZYQ?si=2...
https://open.spotify.com/episode/2ieRvuJxrpTh2V626siZYQ?si=2...