According to data by Jon Peddie Research, Nvidia now holds a 90% share in the GPU market, while AMD accounts for roughly 10%.
The company's share price was up 11% as of 11 a.m. ET and had been up as much as 14.9% earlier in the daily session.
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Nvidia is facing issues with the manufacturing of its GB200 NV liquid-cooled rack systems, according to an analyst.
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Nvidia's latest 13-F filing from November 14, 2024, revealed that the semiconductor company invested in 6 AI stocks.