Will Nvidia Hold Its AI Dominance?

The artificial intelligence revolution drives intense competition among chipmakers, with Nvidia currently leading the market. However, rivals such as Advanced Micro Devices and Intel are investing heavily in AI offerings, while startups are attracting investors seeking the next chip giant. Major cloud-computing companies like Amazon and Google are also developing their chips, aiming to become significant players in the AI space. The surge in AI investment was sparked by the popularity of OpenAI's ChatGPT tool, leading to increased demand for chips capable of running generative AI language systems. While Nvidia holds over 80% of the lucrative AI processing market, AMD is considered its closest competitor, with a 20% market share estimated over time.