The GPU market has been experiencing challenges in this generation, with both Nvidia and AMD facing issues with sales of their latest GPUs. However, Nvidia’s market value has soared due to its strength in AI-related tasks.
Nvidia’s GPUs have found significant demand in the field of machine learning and artificial intelligence (AI), where they excel in tasks that power generative AI models like ChatGPT and Midjourney. This surge in AI-related applications has boosted Nvidia’s profits even as consumer GPU sales faced challenges.
