Economy

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

.NO OTHER agency has benefited from the boom in artificial intelligence (AI) as high as Nvidia. Due to the fact that January 2023 the chipmaker's allotment cost has risen by nearly 450%. With the complete worth of its own shares moving toward $2trn, Nvidia is actually currently United States's third-most useful firm, behind Microsoft and also Apple. Its own profits for the most recent fourth were $22bn, up coming from $6bn in the exact same time period in 2013. Most experts anticipate that Nvidia, which controls much more than 95% of the marketplace for professional AI chips, are going to remain to increase at a scorching rate for the near future. What makes its own potato chips thus special?