Nvidia Could Be About to Counter a Big Artificial Intelligence (AI) Threat With This Move

Nvidia (NASDAQ: NVDA) is the dominant force in the market for artificial intelligence (AI) graphics cards, with an estimated 92% market share. This is the reason the company has been growing at a terrific pace, up 230% over the past year.

However, the company faces a potential threat from some tech giants. Let's examine that threat before checking how Nvidia is reportedly going to take care of it.

While companies including Microsoft, Amazon, Meta Platforms, and are Nvidia's customers and have spent billions of dollars on its graphics processing units (GPUs), it's no secret they have been developing custom AI chips to reduce their reliance on the graphics-card specialist.

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Source Fool.com