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Tuesday, June 25, 2024

Why Nvidia Is Finally About to Face Competition From These Rivals

Why Nvidia Is Finally About to Face Competition From These Rivals

Amid boom times for the artificial intelligence giant, companies including Google, Microsoft, and Meta have launched their own AI chips.

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Nvidia has been on a tear lately. Buoyed by the ongoing artificial intelligence boom, the California-based computer chip developer became America’s third-most valuable company earlier this year and is now creeping closer to second; a forthcoming stock split has analysts anticipating a rally; and the firm will soon launch its new and eagerly-anticipated Blackwell chip.

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