Economy

Why perform Nvidia's potato chips control the AI market?

.NOT ONE OTHER company has gained from the boom in expert system (AI) as high as Nvidia. Because January 2023 the chipmaker's share rate has actually surged through just about 450%. With the complete value of its own shares approaching $2trn, Nvidia is actually now United States's third-most valuable firm, responsible for Microsoft and also Apple. Its incomes for the most recent one-fourth were actually $22bn, up coming from $6bn in the exact same time frame in 2014. Many experts assume that Nvidia, which manages much more than 95% of the market for expert AI chips, are going to remain to increase at a scorching speed for the near future. What makes its chips so special?