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Nvidia's AI Dominance Evident As Tech Behemoths From Microsoft To Meta And Google Keep Pumping Billions Into Chipmaker, Analysis Reveals

Benzinga ·  May 6 10:19

NVIDIA Corp(NASDAQ:NVDA) is set to release its first-quarter earnings, and the company is already making waves in the AI sector. The tech giant's AI infrastructure is in high demand, as evidenced by the increased capital expenditures of its major clients.

What Happened: Mega-cap tech companies are making substantial investments in Nvidia's AI technology. According to an analysis from Business Insider, Nvidia's H100 GPU chip, priced at over $40,000, plays a crucial role in powering AI advancements like ChatGPT and Anthropic.

Notably,Elon Muskannounced onTesla's earnings call that the company will double its...

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