NVIDIA produces 98% of graphics processors for data centers
17.06.24
The recent surge in interest in artificial intelligence has significantly boosted NVIDIA’s earnings. The company shipped 3.76 million data center GPUs in 2023, up 42% (or one million units) from the previous year. In total, NVIDIA occupies 98% of the market for graphics accelerators for computing centers.
In addition, NVIDIA holds 88% of the graphics card market, with 7.66 million units in the first quarter, even before the release of the GeForce RTX 50xx series, which is expected in the fourth quarter of 2024. In absolute terms, NVIDIA’s revenue for 2023 was $60.9 billion, up 126% from 2022. This impressive result was achieved despite the US ban on chip exports to China and TSMC’s inability to fully meet the demand for AI GPUs.
Thanks to such successes, NVIDIA recently overtook Apple for a while in terms of market capitalization and now ranks third among the most valuable companies in the world.
Don't miss interesting news
Subscribe to our channels and read announcements of high-tech news, tes
Oppo A6 Pro smartphone review: ambitious
0 
Creating new mid-range smartphones is no easy task. Manufacturers have to balance performance, camera capabilities, displays, and the overall cost impact of each component. How the new Oppo A6 Pro balances these factors is discussed in our review.
One UI 8.5 Gives Older Samsung Phones a New Lease on Life — Here’s What the Update Brings
0 
One UI 8.5 brings features once exclusive to Samsung’s newest flagships to older Galaxy devices. But can the update really make the Galaxy S22, S23 and S24 feel closer to the Galaxy S26 experience? Here’s what actually changes after installing the new firmware.
Age After Age: a demo of a new Ukrainian strategy on the development of civilizations has become available on Steam
Ukrainian studio Farom Studio has released a demo of its large-scale city-building strategy Age After Age on Steam.
ASUS at Computex 2026: next-generation AI-PC ecosystem, OLED displays and a return to tablets
ASUS at Computex 2026 presented an updated line of devices in which artificial intelligence and energy-efficient Snapdragon X platforms play a key role.