Nvidia’s juicy profit and the rapid growth of the AI accelerator market have attracted competitors. Amazon and Alphabet are crafting AI chips for their data centres. Other big chipmakers and startups also want a slice of Nvidia’s business. In December 2023 Advanced Micro Devices, another chi...
The chipmaker's share price has soared 450% since January 2023, valuing it at nearly $2trn - America's third-biggest company. Quarterly revenues hit $22bn, up from $6bn a year earlier. With over 95% of the specialist AI-chip market, Nvidia's blistering growth looks set to continue. ...
Nvidia lost close to $600 billion in market cap on Monday, the biggest drop for any company on a single day in U.S. history. The chipmaker's stock price plummeted 17% to close at $118.58. It was Nvidia's worst day on the market since March 16, 2020, which was early in the Co...
Huang’s remark came as Nvidia is facing more challenges as the new export restrictions are effective late October, which are considered as a new opportunity for Chinese rivals like Huawei to win more market share. Nvidia is an undisputed dominator of the market for AI chips, which empower AI...
Estimates suggest that Nvidia has secured a market share of over 80%, outpacing rivals such as Intel Corp. and Advanced Micro Devices Inc. This dominant position has raised concerns among regulators about potential impacts on compe...
GPUs are necessary for processing AI applications in data centers worldwide, accounting for over 90% of the market share. NVIDIA's A100 and H100, the leaders of their kind, play key roles in data centers, supercomputing centers, and other applications. Among them, A100's customers include man...
Nvidia's position in the AI chip market has been described as a moat by some experts. Its flagship AI graphics processing units (GPUs), such as the H100, coupled with the company's CUDA software led to such a head start on the competition that switching to an alternative can seem almost...
rivals like Huawei to win more market share. Nvidia is an undisputed dominator of the market for AI chips, which empower AI systems including the large language model behind ChatGPT. The Santa Clara, California-based company dominates more than 90% of China’s US$7 billion AI chip market. ...
ASML Holding (ASML) jumped 9.5% afterJefferies analysts saidin a note that the company was likely to ship its newest, most advanced chipmaking machine to Taiwan Semiconductor Manufacturing Co (TSM) this year. Nvidia Market Cap Crosses $3 Trillion ...
ThesedevelopmentsindicatethattheUSchipindustryisnotasstrongasimagined.Previously,theUSheldnearly70%oftheglobalchipmarket,butitssharehasnowfallenbelow50%.TheinfluenceoftheUSchipindustryontheglobalmarkethasdeclined,ultimatelyunderminingtheUS'perceptionofitschipindustry'sinfluence.Inconclusion,theChinamarketiscrucialfor...