Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Citi says Nvidia will have a 90%+ market share in AI chips market

Published 10/07/2023, 12:18
© Reuters.
INTC
-
NVDA
-
AMD
-

Nvidia (NASDAQ:NVDA) is poised to dominate the AI chips market in a way that Intel (NASDAQ:INTC) previously dominated the servers market, Citi analysts wrote in a client note.

The analysts weighed in on the results of AI chips testing performed by MosaicML, an AI startup. The results showed that AMD's (NASDAQ:AMD) MI250 AI chip was 80% as fast as Nvidia’s previous generation A100 AI chip.

“We expect a similar advantage of NVDA’s H100 vs AMD’s MI300 and we continue to expect NVDA to have a substantial advantage in AI performance and share versus AMD going forward given superior speed and ecosystem,” they said in a client note.

“We expect NVDA to have at least 90% share of AI graphics going forward as the scenario is reminiscent of Intel vs AMD ten years ago when Intel had better performance and ecosystem and over 90% share.”

 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.