Reported 1 day ago
Nvidia shareholders recently received troubling news as rival Broadcom is expected to increase its market share in custom AI chips significantly, potentially growing its revenue from AI accelerators by up to 95% annually in the coming years. While analysts predict Nvidia will maintain a substantial market presence in AI accelerators, Broadcom's advancements, particularly in application-specific integrated circuits (ASICs), could threaten Nvidia's dominance in the sector.
Source: YAHOO