One of the biggest themes in the stock market in 2024 was artificial intelligence (AI), which is showing signs of becoming a breakthrough technology. Nvidia (NASDAQ: NVDA) has arguably been the biggest winner from AI, as its revenue absolutely skyrocketed the past two years. Meanwhile, it amassed a whopping 90% market share in the GPU space over rival Advanced Micro Devices due to its superior software platform CUDA, which includes developer tools and micro-libraries that easily allow its chips to be programmed to handle various AI-related tasks.
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