Nvidia maintains over 95% market share in data center GPUs despite growing competition, according to Futurum Group data
Despite increasing competition and tech companies developing their own chips, Nvidia's market share in data center GPUs remains dominant, exceeding 95%, according to data from Futurum Group. The company's strong growth rate and market position suggest it is not currently facing significant trouble, with its stock trading at less than 24 times future earnings, a slight premium to the S&P 500 average.
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