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Regardless of OpenAI’s Potential Shift, Citi Analyst Predicts Nvidia’s Continued Dominance in AI GPU Market – NVIDIA (NASDAQ:NVDA)

dutchieetech.comBy dutchieetech.com9 October 2023No Comments2 Mins Read

October 9, 2023 12:58 PM | 1 min learn


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Final night time, Reuters reported that OpenAI has been exploring the choices of constructing its personal AI accelerator and diversifying its suppliers past Nvidia Corp (NASDAQ:NVDA).

The report flags that the corporate has but to determine which path to take.

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If true, Citi analyst Atif Malik views these measures as unsurprising as he maintained that GPUs and ASICs would require the ramp of the required infrastructure for AL and ML.

As additional detailed on this word, he foresees ASICs primarily getting used for smaller and extra specialised fashions and GPUs for coaching and inference of bigger and extra complicated fashions.

Equally, he expects NVDA to take care of a ~90% share within the AI GPU marketplace for the following 2-3 years.

Pivoting to Marvell Know-how, Inc (NASDAQ:MRVL), one other distinguished AI participant reminiscent of OpenAI, trying to construct its personal AI accelerator, could provide a viable path.

Value Motion: NVDA shares traded decrease by 2.09% at $448.10 on the final test Monday.


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Huge returns are potential inside this market! For a restricted time, get entry to the Benzinga Insider Report, normally $47/month, for simply $0.99! Uncover extraordinarily undervalued inventory picks earlier than they skyrocket! Time is working out! Act quick and safe your future wealth at this unbelievable low cost! Declare Your $0.99 Supply NOW!

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© 2023 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.

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