Google's 4-Pronged AI Strategy Could Help it Leapfrog Nvidia to Become the World's Most Valuable Company
The company's full-stack AI strategy is beginning to pay off,
Google's 4-Pronged AI Strategy Could Help it Leapfrog Nvidia to Become the World's Most Valuable Company
Overview
When it comes to artificial intelligence (AI), it seems there's Nvidia (NASDAQ: NVDA), and then there's everyone else. The company's graphics processing units (GPUs) became the gold standard for processing these next-generation algorithms, securing its place as the flagbearer for the AI revolution. This has fueled a meteoric rise in its stock price, catapulting Nvidia to a $5 trillion market cap, making it the world's most valuable company.
Nvidia's position as the leading AI chipmaker is secure, and I don't see that changing anytime soon. However, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) has several distinct advantages that could propel the Google parent past Nvidia to the top of the leaderboard, making it the market-cap leader.
Details
Nvidia's singular focus has made it the undisputed leader when it comes to data center GPUs. While estimates vary, the company controls between 80% and 92% of the market.
Source
Originally published at www.fool.com.
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