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Why doesn't Nvidia have more competition?
Nvidia makes GPUs while other major chip manufacturers make CPUs, which power laptops and phones. But it's only a matter of time before the company attracts serious rivals.
The belle of the artificial intelligence ball reported earnings — of course, that’s Nvidia, the computer chip design company that has become a bellwether for whether this AI economic revolution will turn out to be, well, actually revolutionary. Big tech companies like Google and Meta have developed their own AI chips, although they’ve mostly been used for internal purposes so far. Kat Duffy, a senior fellow for digital and cyberspace policy at the Council of Foreign Relations, said in the near future, Nvidia’s biggest competition may come from China.
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