"In 2022, server-class GPUs were a $10 billion business, but revenues are expected to hit $50 billion this year, driven by the generative AI craze spawned by ChatGPT."
"Nvidia, with a 95 percent market share in the server GPU market, is poised to significantly benefit from the continued spending spree on generative AI technologies."
"If the market for generative AI turns out to be a transient fad, it would be bad news for hyperscale cloud providers and Nvidia, but tech companies are resourceful and can pivot to utilize GPUs in various applications."
"Despite the uncertainty, there are countless applications for server-class GPUs beyond generative AI that have yet to be fully realized, suggesting a more robust future for the technology."
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