Why carry out Nvidia’s chips control the AI market?

.NO OTHER organization has gained from the boom in artificial intelligence (AI) as long as Nvidia. Considering that January 2023 the chipmaker’s share rate has surged through almost 450%. With the overall market value of its own reveals approaching $2trn, Nvidia is now The United States’s third-most valuable firm, behind Microsoft and Apple.

Its earnings for the most current one-fourth were $22bn, up from $6bn in the same duration in 2013. A lot of analysts expect that Nvidia, which regulates greater than 95% of the marketplace for expert AI chips, are going to remain to grow at a blistering speed for the near future. What makes its chips thus exclusive?