Tech giants developing own chips to reduce costs could threaten Nvidia's revenue growth

From Nasdaq: 2025-02-15 04:35:00

Nvidia dominates the AI chip market with 80% share and record revenue of over $35 billion. Major tech companies rely on Nvidia’s powerful GPUs for AI projects, resulting in double-digit revenue growth and high profitability.

Tech giants like Amazon, Meta Platforms, and OpenAI are major customers of Nvidia’s expensive GPUs. However, these companies are developing their own chips to reduce costs, posing a potential threat to Nvidia’s revenue growth.

Despite competition from customers, Nvidia remains a top choice for AI programs due to its excellence. The company offers a range of products beyond GPUs, ensuring revenue growth and potential opportunities as the AI revolution continues.

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Read more at Nasdaq: Are Tech Giants (Including DeepSeek) About to Say ‘Checkmate’ to Nvidia?