Economy

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

.NO OTHER FIRM has profited from the boom in artificial intelligence (AI) as long as Nvidia. Because January 2023 the chipmaker's share price has risen by nearly 450%. With the complete value of its portions approaching $2trn, Nvidia is actually now America's third-most important organization, responsible for Microsoft as well as Apple. Its earnings for the very most latest quarter were $22bn, up coming from $6bn in the same time period in 2013. The majority of analysts assume that Nvidia, which controls more than 95% of the market place for expert AI chips, will continue to increase at a scorching pace for the foreseeable future. What makes its potato chips thus special?