“Rise in AI-Driven Demand for GPUs and Microprocessors”
- Growing use of GPUs and microprocessors in AI and ML models across industries such as healthcare, finance, and automotive
- Nvidia's 2024 revenue growth is largely attributed to AI demand, especially from data centers
- Increasing AI workloads are fueling the need for more parallel processing power, something GPUs are optimized for
- Tech giants such as Google and Amazon are heavily investing in custom processors to optimize AI model training and inference
- Even startups are prioritizing AI-centric chips reshaping the competitive landscape
