Google Bets on New Chips to Boost AI Results, Challenging Nvidia

In a matter of months, Google’s AI chips have become one of the hottest commodities in the tech sector. Leading artificial intelligence developers, including some of the firm’s biggest rivals, are stocking up on them.

Now, the Alphabet Inc.-owned company aims to build on its momentum with the likely introduction of new chips dedicated to inference, or running AI models after they’ve been trained. With this push, Google is poised to further challenge market leader Nvidia Corp. in a fast-growing category for semiconductors that’s fueled by surging adoption of AI software.

As demand grows for quickly processing AI queries, “it now ...