Microsoft is developing an ASIC that does data compression: https://azure.microsoft.com/en-us/blog/improved-cloud-service-performance-through-asic-acceleration/

"Today, we announce the companion technology to Project Zipline — Project Corsica. Over two years in the making, Corsica is our ASIC implementation of Zipline technology. It delivers Zipline’s first rate performance in compression, encryption, and data authentication, all accelerated in a special purpose ASIC developed by Microsoft in collaboration with Broadcom."