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%OpenAI, the company that created the %ChatGPT and GPT-4 chatbots, is planning to start making its own %ArtificialIntelligence (A.I.) microchips, according to media reports.

Multiple reports say OpenAI is evaluating several microchip and semiconductor designers as potential takeover targets as it moves to produce its own A.I. chips.

The company is looking to resolve a shortage of expensive A.I. chips that are needed to power its technologies that include large language learning models and generative A.I. applications.

OpenAI CEO Sam Altman has made the acquisition of more A.I. chips a top priority for the company as it continues to grow at a fast clip.

However, Altman has grumbled publicly about the scarcity of graphics processing units (GPUs) that are needed to run advanced A.I. technologies.

Currently, chipmaker Nvidia designs 80% of the world’s GPUs. OpenAI has been sourcing its GPUs from Nvidia but is now considering making its own chips to help power its growth.

OpenAI currently develops most its generative A.I. technologies on a supercomputer supplied by %Microsoft ($MSFT ), one of its biggest backers. That supercomputer uses 10,000 Nvidia GPUs.

Developing its own A.I. chips would put OpenAI among a small group of large technology players such as Alphabet’s %Google ($GOOGL ) and Apple (APPL) that have sought to take control of designing the microchips that are fundamental to their operations.

An acquisition of a chip company could lead to OpenAI building its own microchips. %Amazon ($AMZN ) made a similar move in 2015 when it acquired Annapurna Labs.

However, such an acquisition would likely cost billions of dollars. And a takeover is likely to take years to finalize, leaving the company dependent on Nvidia and Advanced Micro Devices (AMD) in the meantime.

Demand for A.I. chips has soared since the launch of ChatGPT in November 2022, leading to record financial results at Nvidia.

OpenAI is a privately held company and its stock doesn’t trade on a public exchange. However, Nvidia’s stock has increased 212% this year and currently trades at $446.88 U.S. per share.