Citi: Nvidia is expected to take 90% market share of AI chips, and AMD is the second

According to MoneyDJ, Citi Research, a research organization under Citibank, predicts that Nvidia is expected to occupy at least 90% of the market share of artificial intelligence (AI) chips, with AMD ranking second. This situation is similar to the market share of Intel and AMD in the server CPU market ten years ago, where Intel once maintained a market share of around 90%.

Christopher Danely, an analyst at Citigroup, published a research report on July 10, pointing out that the third-party organization MosaicML evaluated the computing capability of Nvidia A100 and AMD MI250, and found that the performance of MI250 can reach 80% of A100.

Danely believes that regarding the two most advanced chips, Nvidia's H100 is expected to have the same degree of advantage over AMD MI300. Nvidia chip has faster speed, better compatibility and perfect ecosystem, so it is expected that Nvidia will lead AMD significantly in the AI chip market.

The popularity of AI concept has driven the share prices of related companies to rise. Since the beginning of 2023, Nvidia's share price has risen by 188.63%, and AMD's has also risen by 75.36%.
As the most powerful AI chip at present, the Nvidia H100 has been in short supply since its release. According to information technology equipment and service provider CDW website data, the current price of the H100 computing card is as high as $30602.99, and it will take 4-6 weeks to arrive.