Economy

Why do Nvidia's chips dominate the AI market?

.NOTHING ELSE company has actually profited from the boom in expert system (AI) as high as Nvidia. Because January 2023 the chipmaker's share rate has actually surged by practically 450%. Along with the overall value of its own shares coming close to $2trn, Nvidia is right now America's third-most valuable company, responsible for Microsoft as well as Apple. Its own profits for the most current one-fourth were actually $22bn, up from $6bn in the same duration in 2015. Many professionals assume that Nvidia, which handles greater than 95% of the market for professional AI potato chips, will remain to increase at a scorching speed for the foreseeable future. What creates its own chips therefore exclusive?