Economy

Why do Nvidia's chips dominate the AI market?

.NOT ONE OTHER company has actually benefited from the boom in expert system (AI) as much as Nvidia. Given that January 2023 the chipmaker's portion price has actually climbed by just about 450%. Along with the total worth of its own shares approaching $2trn, Nvidia is now America's third-most important organization, behind Microsoft and Apple. Its incomes for the most recent fourth were actually $22bn, up from $6bn in the same time frame in 2014. Many experts expect that Nvidia, which controls more than 95% of the marketplace for professional AI chips, will certainly remain to increase at a blistering speed for the direct future. What makes its own chips thus special?