The chipmaker has seen soaring demand for its semiconductors, which are used to power artificial intelligence, or AI applications. The company’s revenue more than tripled in the latest quarter from the same period a year earlier. Nvidia, which has positioned itself as one of the most prominent players in AI, has been producing some eye-popping numbers. Nvidia’s stock price has jumped 92% this year as of Wednesday, increasing the company’s market value by more than $1 trillion. Does NVIDIA has a “competitor” ?
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