Economy

Why do Nvidia's potato chips dominate the AI market?

.NOT ONE OTHER agency has taken advantage of the boom in expert system (AI) as high as Nvidia. Considering that January 2023 the chipmaker's allotment rate has climbed through nearly 450%. With the overall worth of its own shares coming close to $2trn, Nvidia is currently The United States's third-most valuable company, behind Microsoft and also Apple. Its profits for the very most recent fourth were $22bn, up coming from $6bn in the exact same period in 2014. Most professionals anticipate that Nvidia, which regulates much more than 95% of the marketplace for professional AI potato chips, will remain to increase at a blistering pace for the foreseeable future. What makes its own chips thus unique?

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