Economy

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

.NOT ONE OTHER agency has actually taken advantage of the boom in artificial intelligence (AI) as high as Nvidia. Since January 2023 the chipmaker's reveal cost has actually surged through almost 450%. Along with the total value of its own shares coming close to $2trn, Nvidia is actually currently The United States's third-most valuable firm, behind Microsoft and also Apple. Its earnings for the very most recent one-fourth were $22bn, up coming from $6bn in the exact same period in 2013. The majority of professionals expect that Nvidia, which manages greater than 95% of the marketplace for professional AI chips, will definitely continue to develop at a blistering rate for the foreseeable future. What creates its own chips therefore unique?