Economy

Why do Nvidia's chips control the AI market?

.NO OTHER agency has actually profited from the boom in expert system (AI) as high as Nvidia. Because January 2023 the chipmaker's share cost has actually risen by practically 450%. With the total worth of its own allotments coming close to $2trn, Nvidia is actually currently The United States's third-most important firm, behind Microsoft as well as Apple. Its own revenues for the most recent quarter were $22bn, up coming from $6bn in the very same duration last year. Most analysts assume that Nvidia, which controls more than 95% of the market for expert AI potato chips, will remain to increase at a scorching rate for the near future. What makes its chips so exclusive?