Despite OpenAI's Potential Shift, Citi Analyst Predicts Nvidia's Continued Dominance in AI GPU Market
Portfolio Pulse from Anusuya Lahiri
OpenAI is reportedly considering building its own AI accelerator and diversifying its suppliers beyond Nvidia (NVDA). Despite this, Citi analyst Atif Malik predicts that Nvidia will maintain a ~90% share in the AI GPU market for the next 2-3 years. Marvell Technology (MRVL) is another AI player potentially looking to build its own AI accelerator.
October 09, 2023 | 4:58 pm
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Marvell Technology is another AI player potentially looking to build its own AI accelerator.
The news that Marvell Technology is considering building its own AI accelerator could indicate a strategic shift for the company. However, without more details, it's difficult to predict the short-term impact on the company's stock.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Despite OpenAI potentially building its own AI accelerator, Nvidia is expected to maintain a ~90% share in the AI GPU market for the next 2-3 years.
OpenAI's potential shift to build its own AI accelerator could reduce its reliance on Nvidia. However, the Citi analyst's prediction of Nvidia's continued dominance suggests that this news may not significantly impact Nvidia's stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90