Will Nvidia Continue to Dominate in AI? This One Number Offers a Strikingly Clear Answer.
Nvidia has built an AI empire.
Will Nvidia Continue to Dominate in AI? This One Number Offers a Strikingly Clear Answer.
Overview
Nvidia (NASDAQ: NVDA) has built an artificial intelligence (AI) empire, offering graphics processing units (GPUs) that power essential tasks like the training of AI models and providing a wide range of related products and services. All of this has sent earnings soaring in recent years -- and the stock price has followed.
Customers flock to Nvidia for these top AI products, and the company has consistently remained No. 1 in the AI chip market. In recent times, Nvidia says it also aims to lead in central processing units (CPUs), a market that's been dominated by Intel and Advanced Micro Devices. This represents a $200 billion opportunity, and Nvidia has said it's on track to accomplish this goal thanks to its first stand-alone CPU, launching later this year.
Details
All of this sounds fantastic, but it's important to remember that Nvidia faces increasing competition from a variety of companies. Will this leader continue to dominate in AI? One number offers a strikingly clear answer.
Source
Originally published at www.fool.com.
