Hardware-makers are failing to invest enough to keep up with demand
A new craze has gripped Silicon Valley of late. Techies looking to prove they are in the vanguard of artificial-intelligence adoption have taken to “tokenmaxxing”, competing with one another to burn through the most tokens (as the chunks of text processed by AI models are known). Yet as demand for AI soars, those tokens are in increasingly short supply.
This article appeared in the Business section of the print edition under the headline “Silicon ceiling”
From the May 2nd 2026 edition
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