Posted 1/22/2024, 3:57:41 PM
Nvidia Dominates AI Chip Market, Hits $1.5 Trillion Valuation Through Early gambit
- Nvidia is the current leader in AI hardware and software, hitting a $1.5 trillion market cap. Competitors like AMD and Intel are trying to catch up.
- Nvidia invested early in AI while others thought it was crazy. Now it's paying off hugely.
- AMD and Intel chips are potential alternatives, but Nvidia is miles ahead on hardware. It will take rivals years to catch up.
- Nvidia also has a strong software moat with its Cuda software to build AI platforms.
- Hyperscalers like Amazon and Google are making their own AI chips that could threaten Nvidia.