Economy

Why do Nvidia's chips control the AI market?

.NOTHING ELSE FIRM has gained from the boom in expert system (AI) as much as Nvidia. Considering that January 2023 the chipmaker's reveal price has surged through virtually 450%. With the complete market value of its allotments coming close to $2trn, Nvidia is currently The United States's third-most beneficial company, responsible for Microsoft and also Apple. Its own revenues for the very most recent one-fourth were actually $22bn, up coming from $6bn in the very same time frame in 2014. Many experts expect that Nvidia, which controls greater than 95% of the market place for specialist AI chips, are going to remain to expand at a blistering speed for the not far off future. What makes its own chips therefore exclusive?