Economy

Why do Nvidia's chips control the AI market?

.NOTHING ELSE agency has actually profited from the boom in artificial intelligence (AI) as high as Nvidia. Because January 2023 the chipmaker's share cost has risen through practically 450%. Along with the overall value of its own reveals approaching $2trn, Nvidia is actually right now United States's third-most beneficial firm, behind Microsoft and also Apple. Its own revenues for the most recent quarter were actually $22bn, up coming from $6bn in the very same period in 2014. Most professionals anticipate that Nvidia, which controls more than 95% of the marketplace for expert AI potato chips, will continue to increase at a blistering rate for the foreseeable future. What makes its potato chips thus special?