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Sunday, June 23, 2024

Nvidia’s Market Cap Surpasses $3T: Here Are the Largest Buyers of Its A.I. Chips

Nvidia’s Market Cap Surpasses $3T: Here Are the Largest Buyers of Its A.I. Chips

Four Big Tech companies account for 40 percent of Nvidia’s revenue.

Who is buying up Nvidia’s A.I. chips?

Microsoft and Meta (META) are two of the largest buyers of Nvidia’s H100 chips. The tech companies spent a combined $9 billion on the accelerators in 2023 alone, according to analysts at DA Davidson, while Omdia Research estimates the two companies acquired 150,000 chips each.

Full article here >

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