2024-06-17 14:33:17 ET
Summary
- Nvidia Corporation dominates the AI sector with its GPU processors, holding a 96% share in 2023 and a 92% share of revenues of all suppliers.
- AI at the data center held a 57% share of the AI market in 2023.
- AI technology is being integrated across various sectors like healthcare, automotive, financial services, and retail.
- It seems unlikely that any new companies will rise to become a major player in the GPU market alongside Nvidia.
One of my earliest articles on artificial intelligence ("AI") on Seeking Alpha’s site was on Sept 22, 2020, entitled “ Nvidia Needs ARM To Revitalize Its AI Goals .” In 2024, we see that Qualcomm ( QCOM ) is dominating the processor market for PCs and smartphones as AI to the edge gains steam. Qualcomm’s Snapdragon 8 Gen 3 is Arm-based....
Read the full article on Seeking Alpha
For further details see:
Nvidia: Why The Company And Its GPUs Will Dominate AI Processors