Nvidia Experiencing Skyrocketing Demand from Tesla

Nvidia's stock price soared by 16%, adding $273 billion to its market value in a single day, driven by demand for AI applications

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Nvidia reportedly holds a 90% market share in GPUs, with revenue increasing by 265% YOY to $22 billion in Q4 2023

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AMD has entered the AI chip market with its MI300X GPU, designed to compete with Nvidia's H100 flagship GPU

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Nvidia's H100 chip powers the majority of large language models (LLMs) in use today, including OpenAI's ChatGPT

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AMD's MI300X GPU has a high on-chip memory cache of 192GB, compared to Nvidia's H100 with 120GB

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AMD plans to offer an OCP-compliant board called the Instinct Platform, consisting of eight MI300Xs, competing with Nvidia's HGX offerings

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Nvidia's CUDA toolkit integration with the H100 provides an additional layer of comfort and ease for developers

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AMD is investing $135 million over four years in R&D facilities in Ireland, indicating a long-term commitment to AI

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Intel's Ponte Vecchio, targeted at high-performance computing and AI workloads, is also a potential competitor in the AI chip market

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Nvidia's dominance in AI chips is being challenged by AMD and Intel, with both companies investing in AI-specific GPUs

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