Economy

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

.NOTHING ELSE FIRM has actually gained from the boom in expert system (AI) as high as Nvidia. Given that January 2023 the chipmaker's portion cost has actually surged by nearly 450%. Along with the total value of its own reveals coming close to $2trn, Nvidia is actually currently United States's third-most useful agency, behind Microsoft and Apple. Its own earnings for the most current quarter were actually $22bn, up from $6bn in the same time period in 2013. The majority of professionals expect that Nvidia, which handles more than 95% of the market for professional AI potato chips, will continue to increase at a blistering speed for the near future. What makes its chips so special?