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 high as Nvidia. Because January 2023 the chipmaker's reveal price has climbed by almost 450%. Along with the overall worth of its own allotments coming close to $2trn, Nvidia is right now United States's third-most important firm, behind Microsoft and Apple. Its profits for the very most latest fourth were actually $22bn, up from $6bn in the very same time period in 2013. Most analysts expect that Nvidia, which manages greater than 95% of the market for professional AI chips, will definitely continue to expand at a blistering rate for the direct future. What creates its chips thus special?