Economy

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

.NOTHING ELSE company has actually taken advantage of the boom in artificial intelligence (AI) as high as Nvidia. Due to the fact that January 2023 the chipmaker's share cost has actually surged through nearly 450%. Along with the total value of its shares moving toward $2trn, Nvidia is actually right now America's third-most valuable organization, responsible for Microsoft and also Apple. Its earnings for the very most recent quarter were $22bn, up from $6bn in the same period last year. Many experts anticipate that Nvidia, which controls greater than 95% of the market place for expert AI chips, will remain to increase at a blistering rate for the not far off future. What creates its own chips therefore exclusive?