Economy

Why do Nvidia's chips control the AI market?

.NOT ONE OTHER agency has benefited from the boom in expert system (AI) as long as Nvidia. Since January 2023 the chipmaker's portion price has actually surged through virtually 450%. With the total market value of its reveals coming close to $2trn, Nvidia is currently The United States's third-most important firm, responsible for Microsoft and Apple. Its own revenues for the very most recent quarter were $22bn, up from $6bn in the exact same time period in 2015. Most experts expect that Nvidia, which regulates more than 95% of the marketplace for specialist AI chips, will remain to increase at a scorching speed for the direct future. What makes its own potato chips thus exclusive?