NVIDIA holds over 90% of the data center GPU market

NVIDIA holds over 90% of the data center GPU market

In the past quarter, NVIDIA saw a 262% increase in revenue compared to the same quarter last year.

In data centers alone, revenue of $22.6 billion was recorded, driven by high demand for artificial intelligence (AI).

According to Nikkei Asia, NVIDIA currently holds over 90% of the GPU market for data centers.

NVIDIA’s data center business recorded a 427% increase in the last quarter compared to the same quarter in 2023.

Their closest competitors are AMD, which holds only 3% of the data center GPU market, while Intel ranks third.

NVIDIA is expected to widen the gap with competitors this year, as they recently announced the Blackwell B200 chip in March.

Furthermore, NVIDIA has confirmed that they will now offer new AI chips every year to meet future AI computing needs.

-Agency

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