Nvidia (NVDA -3.67%) is known for its dominance in artificial intelligence (AI) chips, holding about 80% of the market. The company sells the world’s most expensive AI chips — or graphics processing units (GPUs) — but customers are willing to pay the price thanks to these products’ top performance. Nvidia chief Jensen Huang has even said that, over time, Nvidia’s chips are the best deal as they save on total cost of ownership.
For Nvidia to…
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