Who Is Nvidia's Biggest Rival? Jensen Huang Offered a Clue, and You May be Surprised by the Answer.

Nvidia (NASDAQ: NVDA) has built a dominant position in one of the highest-growth areas around: artificial intelligence (AI) chips. That has helped it generate enormous levels of revenue, for example, $130 billion last year; register quadruple-digit gains in stock price over the past five years; and become one of the most-watched tech companies.But one thing has worried Nvidia investors and potential investors in recent quarters, and that's the possibility of rivals taking share from this market leader. After all, Nvidia's chips sell for premium prices, and as need for chips increase, some customers may look more closely at costs. Rival Advanced Micro Devices sells chips that may be less powerful than Nvidia's but still offer top quality -- and at a lower price. And Nvidia's customers could be considered competitors as some of them -- such as Amazon and Meta Platforms -- have developed their own lower-cost chips.So now you may be wondering which of these is Nvidia's biggest rival, or the one that could weigh on its revenue growth. A comment by Nvidia CEO Jensen Huang offers us a clue. And you may be surprised by the answer.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool