Economy

Why do Nvidia's chips dominate the AI market?

.NOT ONE OTHER company has actually profited from the boom in artificial intelligence (AI) as much as Nvidia. Because January 2023 the chipmaker's share price has actually risen by nearly 450%. Along with the total market value of its reveals approaching $2trn, Nvidia is currently America's third-most valuable organization, responsible for Microsoft and also Apple. Its profits for the very most recent quarter were $22bn, up from $6bn in the very same period last year. A lot of analysts assume that Nvidia, which manages much more than 95% of the market place for specialist AI potato chips, will definitely continue to increase at a blistering rate for the foreseeable future. What creates its potato chips thus unique?