Part 12/14:
Market Dynamics: Competition and Maturity
The current landscape reveals a shift from a monopolistic Nvidia to a more competitive environment. Companies like AMD and Broadcom are now competing head-to-head, with their stock performances sometimes moving inversely to Nvidia. This divergence suggests that the AI chip market is maturing, moving away from a zero-sum perception. Demand continues to grow across all players, driven by an expanding ecosystem of AI applications—from generative media to video synthesis, with popular services like ChatGPT amassing hundreds of millions of weekly users.