Nvidia Targets Partnerships, Value to Retain AI Chip Market Share
What steps has Nvidia taken to maintain its AI chip dominance?
Nvidia has transitioned from a gaming-focused company to a data center-focused one, partnered with computer makers and cloud providers to create new AI markets, and offers high-performance, cost-effective chips. CEO Jensen Huang highlighted the "virtuous circle" of attracting more customers through their broad platform availability, making Nvidia's platform more valuable.
How has Nvidia transformed its business focus according to Jensen Huang?
Nvidia CEO Jensen Huang revealed that the company has transformed from a gaming-focused company to a data center-focused one, partnering with computer makers and cloud providers to create new markets for its AI. This shift has allowed Nvidia to achieve a "virtuous circle" where the number of customers it has enables the development of products that attract even more customers.
How is Nvidia's platform availability impacting its market value?
Nvidia's platform availability through major cloud providers and computer makers creates a large and attractive install base for developers and customers, enhancing the value of its platform. This has contributed to Nvidia's market share of over 80% in AI chips and has helped the company maintain its dominant position in the AI chip industry, pushing its market value to over $3 trillion.