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Prediction: This AI Chip Stock Will Become the Next Nvidia by 2030 [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Nvidia (NASDAQ: NVDA) currently accounts for an estimated 85% to 92% share of the AI accelerator market. However, as large cloud companies look to reduce costs and scale faster, many are shifting toward custom chips and more specialized computing systems. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Regardless of which approach gains traction, most advanced AI chips still rely on Taiwan Semiconductor -- also known as TSMC -- for manufacturing. Image source: Getty Images. Chip manufacturing and packaging bottleneck With AI infrastructure spending expected to reach around $660 billion in 2026 alone, TSMC is already benefiting from surging demand for advanced chip manufacturing. In the first quarter, the company reported revenue of $35.9 billion, up nearly 39% year over year, while gross margin expanded 3
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