Nvidia Captures 92% Of Data Center GPU Market, Underlining US Leadership In Generative AI
Portfolio Pulse from Anusuya Lahiri
Nvidia Corp dominates the data center GPU market with a 92% share, highlighting U.S. leadership in generative AI. The company's CUDA platform is widely used by developers, contributing to its market value surge to $1.73 trillion by 2024. U.S. tech giants like Meta Platforms, Amazon, Microsoft, and Alphabet lead in cloud infrastructure and AI investments. Nvidia's sales from data centers are expected to constitute over 85% of its total revenue. The stock has surged 242% in the last 12 months, with exposure available through VanEck Semiconductor ETF and Global X Robotics & Artificial Intelligence ETF.
March 28, 2024 | 12:35 pm
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POSITIVE IMPACT
Amazon leads in the global cloud infrastructure market, benefiting from the growth in generative AI and investments in technology.
Amazon's leadership in cloud infrastructure positions it to benefit from the expanding generative AI market and associated technological investments.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Global X Robotics & Artificial Intelligence ETF offers exposure to Nvidia's stock, which has surged 242% in the last 12 months.
As an ETF that includes Nvidia, BOTZ benefits from Nvidia's stock performance, making it an attractive option for investors looking for exposure to the AI and robotics sectors.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Alphabet's Google commands a significant share of the global cloud infrastructure market, benefiting from AI and tech investments.
Google's strong position in the cloud infrastructure market is supported by its investments in AI and technology, suggesting potential for further growth.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Alphabet's Google commands a significant share of the global cloud infrastructure market, benefiting from AI and tech investments.
Google's strong position in the cloud infrastructure market is supported by its investments in AI and technology, suggesting potential for further growth.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Meta Platforms plans to integrate 350,000 Nvidia H100 GPU graphics cards into its infrastructure, indicating significant investment in AI.
Meta Platforms' substantial investment in Nvidia GPUs for its infrastructure underscores the importance of AI technology for the company and suggests potential growth in its AI capabilities.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Microsoft is at the forefront of the cloud infrastructure market, driven by its investments in AI and technology.
Microsoft's prominent position in the cloud infrastructure market is bolstered by its focus on AI and technological advancements, indicating potential growth.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Nvidia captures 92% of the data center GPU market, with its CUDA platform widely used. Its market value surged to $1.73 trillion by 2024, with data center sales expected to make up over 85% of total revenue.
Nvidia's dominant market share in data center GPUs and the widespread adoption of its CUDA platform are key drivers of its market value surge. The expected increase in revenue from data centers further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
VanEck Semiconductor ETF offers exposure to Nvidia's stock, which has surged 242% in the last 12 months.
As an ETF that includes Nvidia, SMH benefits from Nvidia's stock performance, making it an attractive option for investors looking for exposure to the semiconductor sector.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 60