Did Nvidia Just Say Checkmate to AMD and Intel?
Nvidia is making a $12 billion move.
Overview
Nvidia (NASDAQ:NVDA) has established itself as the artificial intelligence (AI) chip leader, delivering double- and even triple-digit growth in recent quarters. This is thanks to the company's early presence in the space and its commitment to constant innovation.
Though Nvidia clearly dominates, it isn't alone in this high-growth field, and rivals are also seeing success here. This increasing competition is one risk that investors have kept on their radar screens, with the idea that this market giant may eventually lose some share.
Details
But, in recent times, Nvidia has made key moves to stay ahead. One of these is the development of stand-alone central processing units (CPUs) -- an area where Intel (NASDAQ:INTC) and Advanced Micro Devices (NASDAQ:AMD) dominate. Nvidia's entry may represent a threat to these players. And now a fresh $12 billion move could represent yet another challenge for Intel and AMD. Did Nvidia just say checkmate to its fellow chip players? Let's find out.
Source
Originally published at www.fool.com.