Economy

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

.NOTHING ELSE agency has actually gained from the boom in artificial intelligence (AI) as high as Nvidia. Due to the fact that January 2023 the chipmaker's allotment price has actually surged through almost 450%. With the total worth of its allotments moving toward $2trn, Nvidia is actually currently United States's third-most valuable company, behind Microsoft as well as Apple. Its own earnings for the most latest one-fourth were actually $22bn, up from $6bn in the same duration in 2014. Many experts assume that Nvidia, which controls more than 95% of the market for professional AI chips, will continue to grow at a blistering rate for the foreseeable future. What creates its chips therefore unique?