NVIDIA Have photograph Several As part of a move to maintain its dominance in artificial intelligence (AI) chips, NVIDIA CEO Jensen yellow He said on Wednesday (June 26th).
At the company's shareholder meeting, Huang said the company has already “transformed” from a gaming-centric company to a data center-centric one, partnering with computer makers and cloud providers to create new markets for AI and offer chips that offer better value in terms of performance and operational costs than competitors. CNBC report Wednesday.
Additionally, Huang said NVIDIA has achieved a “virtuous cycle” of increasing customer numbers. it is This will enable the company to develop products that will attract more customers, according to the report.
“Nvidia's platform is broadly available across all the major cloud providers and computer manufacturers, creating a large and attractive installed base for developers and customers. This makes our platform even more valuable to our customers,” Huang said in the report.
According to the report, Nvidia has over 80% of the market share for AI chips.
Huang's comments about how the company is working to maintain this market share came in response to a question about increasing competition in the sector as both incumbents and startups release new AI chips, according to the report.
Nvidia has been in fierce competition with Microsoft and Apple for the title of world's most valuable company. Like Nvidia, the stock prices of those companies are also rising. their Market capitalization has risen amid growing investor interest, AI Boom.
In May, Nvidia Revenue Exceeding Wall Street expectations Own Quarterly outlook: The company's revenue hit $26 billion Which Up 18% from the previous quarter and up 262% from the same period last year.
At the same time, big tech companies are racing to develop custom chips that will make AI more efficient and reduce its costs. artificial intelligence Tips market As the field gets more crowded As Companies are competing for a share of this rapidly expanding industry.
