Economy

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

.NOT ONE OTHER company has benefited from the boom in artificial intelligence (AI) as much as Nvidia. Since January 2023 the chipmaker's share cost has surged by nearly 450%. Along with the total worth of its reveals moving toward $2trn, Nvidia is actually currently The United States's third-most beneficial company, behind Microsoft and Apple. Its own profits for the most current fourth were actually $22bn, up from $6bn in the very same duration in 2015. A lot of experts expect that Nvidia, which manages more than 95% of the market for specialist AI chips, will certainly continue to increase at a blistering speed for the not far off future. What makes its own chips thus unique?