Google and Amazon Just Launched a Full-Frontal Assault Against Nvidia
Key takeaways
- NVDA Nvidia s (NASDAQ:NVDA) rise to superstardom in the artificial intelligence (AI) chip space has been nothing short of spectacular.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- A market share of that magnitude would inevitably attract attention, with rivals scrambling to get their piece of the resulting windfall.
NVDA Nvidia s (NASDAQ:NVDA) rise to superstardom in the artificial intelligence (AI) chip space has been nothing short of spectacular. The company pivoted from its focus on gaming chips and adapted its graphics processing units (GPUs) to handle the rigors of AI. Nvidia s processors quickly became the gold standard, currently controlling between 85% and 92% of the data center GPU market.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
A market share of that magnitude would inevitably attract attention, with rivals scrambling to get their piece of the resulting windfall. There has been much ink spilled about the growing competition, but alternative AI processing options haven t made a dent in Nvidia s dominance.