Economy

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

.NO OTHER FIRM has actually profited from the boom in artificial intelligence (AI) as much as Nvidia. Because January 2023 the chipmaker's allotment rate has surged by just about 450%. Along with the total worth of its own allotments moving toward $2trn, Nvidia is actually right now The United States's third-most useful company, behind Microsoft and also Apple. Its own profits for the most current quarter were actually $22bn, up coming from $6bn in the very same period in 2013. The majority of experts expect that Nvidia, which controls more than 95% of the market for expert AI potato chips, are going to continue to develop at a scorching rate for the not far off future. What makes its own potato chips so exclusive?