Reported 1 day ago
Nvidia experienced remarkable success in 2024, driven by its strategic investments in artificial intelligence, leading to soaring revenues and frequent swaps with Apple as the world's most valuable company. The company is ramping up production of its forthcoming Blackwell AI chip, anticipating continued demand from major cloud providers, but faces competition from AMD, Intel, and even its own customers developing their chips. Despite potential risks from a shifting focus towards less powerful AI models, Nvidia's strong market position and software capabilities suggest it will maintain its leadership in the AI sector for the near future.
Source: YAHOO