Economy

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

.NOT ONE OTHER company has profited from the boom in artificial intelligence (AI) as high as Nvidia. Since January 2023 the chipmaker's portion cost has actually climbed through virtually 450%. Along with the complete market value of its own allotments approaching $2trn, Nvidia is currently United States's third-most useful firm, behind Microsoft and also Apple. Its own earnings for the very most latest one-fourth were $22bn, up from $6bn in the very same time period in 2014. Many experts expect that Nvidia, which handles greater than 95% of the marketplace for expert AI chips, will remain to increase at a scorching pace for the foreseeable future. What creates its chips so unique?