NvidiaexistAIThe field remains strong, and it is estimated that data center business revenue will reach a staggering US$46 billion in 2024 (IT Home Note: currently approximately RMB 330.28 billion), setting a new historical high.
When it comes to Nvidia's performance in the field of artificial intelligence, there is no need to elaborate. The company's outstanding financial performance in this field in fiscal 2023 has attracted much attention. And according to the latest estimates from Wells Fargo Equity Research, Nvidia's data center business revenue and market share will continue to grow steadily in 2024.
It is reported that NVIDIA currently occupies more than 90% of the global artificial intelligence market share, and can be called the "AI overlord". GPUs and other products are very popular in the market and are still the first choice of major technology companies. For example, Meta and other companies have purchased a large number of NVIDIA GPUs. NVIDIA has established an "AI monopoly" in the mainstream data center market. With the launch of the next-generation Hopper H200 and Blackwell B100 AI accelerators, its growth momentum will be even stronger.
It is worth mentioning that AMD is also emerging in the artificial intelligence market. According to reports, its market share is expected to rise slightly in 2024. Although the year-on-year growth is not obvious, it is a positive sign for AMD's data center business, marking its recent "recovery", especially the release of the flagship AMD Instinct MI300X AI accelerator, which has put some pressure on competitors with its attractiveness.
The latest data shows that Nvidia seems to be ready to achieve excellent results again in 2024. However, AMD's efforts to catch up may dynamically change the market landscape, and let us wait and see where it will go in the end.