Nvidia is on track to become the first trillion-dollar chipmaker, driven by robust sales forecasts and surging demand for its artificial intelligence processors.
Nvidia's recent successes are attributed to the skyrocketing demand for cutting-edge tech across various industries. The firm's H100 processor is in high order by big tech companies and a new wave of AI startups such as OpenAI and Anthropic.
"Our chips and allied software tools are the picks and shovels of a generational shift in AI," said Geoff Blaber, CEO of CCS Insight. "Nvidia provides a comprehensive toolchain that no other company currently matches," he added.
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