Nvidia’s GPUs are well-suited for AI tasks, which has given the company a virtual monopoly in the AI chip market. Major tech giants such as Microsoft, Amazon, and Google rely on Nvidia’s GPUs for their data centers and AI models.
This trend points to a new future for Nvidia, one that relies less on consumer GPUs. In the long term, Nvidia may exit the consumer graphics card market entirely. Recent reports suggest that Nvidia has shifted its focus from consumer GPUs to producing more Hopper chips, which power data centers and generative AI networks. These chips are in high demand due to the growing need for AI models like ChatGPT.
