Nvidia and Google Are Crowding TSMC’s N3 Node - Can Intel Fill the Gap?

Nvidia is moving its next-generation Rubin GPUs from 4nm to 3nm, yet Google’s latest TPUs are already on N3 and are expected to remain there. Meanwhile, a growing number of AI CPUs from Nvidia, Amazon, Microsoft, and Arm are converging on the same node. This creates an opportunity for Intel given that it's Arizona capacity is coming online whereas TSMC’s new fabs largely will not arrive until late 2027.