Economy

Why do Nvidia's chips control the AI market?

.NOT ONE OTHER company has benefited from the boom in expert system (AI) as long as Nvidia. Due to the fact that January 2023 the chipmaker's allotment cost has actually surged by just about 450%. With the complete value of its own shares coming close to $2trn, Nvidia is right now The United States's third-most important firm, behind Microsoft and also Apple. Its own incomes for the most recent fourth were $22bn, up from $6bn in the same period in 2014. Most analysts assume that Nvidia, which controls greater than 95% of the marketplace for expert AI chips, are going to remain to increase at a blistering speed for the direct future. What makes its chips thus unique?