Power in business is precarious; the more one possesses, the more competitors emerge seeking market share. Nvidia dominates the AI chip market, holding over 90% control. CEO Jensen Huang acknowledges AMD's efforts as a potential challenger, aiming to secure its place with major clients. Elon Musk's ventures in electric vehicles exemplify fierce competition across the industry. As incumbents square off against rising rivals, underdogs continue to vie for prominence in each sector, showcasing an intense landscape of competition in technology, investing, energy, and more.
Nvidia controls over 90% of the market for the specialized chips used to train and run AI systems, cementing its dominance in the hardware race fueling the AI boom.
AMD is pushing hard to establish itself as a viable second source for AI chips amid surging demand, securing wins from major players like Microsoft and Meta.
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