Posted 2/23/2024, 11:24:00 AM
Nvidia Leads AI Chip Market, But AMD On the Rise as Cheaper Alternative
- Nvidia dominates the AI chip market thanks to first-mover advantage, but AMD is emerging as a lower-cost alternative.
- AMD's Instinct GPUs rival Nvidia's in raw power but at a fraction of the price.
- Tech giants like Microsoft and Meta are testing AMD's chips as lower-cost Nvidia alternatives.
- AMD could carve out up to a 25% datacenter market share, but likely won't surpass Nvidia's share.
- Nvidia will likely remain the leader, but AMD will solidify its position as a cheaper, high-growth alternative.