NVIDIA to Dominate 2024 AI Market with Estimated $40 Billion in GPU Sales

NVIDIA continues to strengthen its position in the artificial intelligence market, forecasting AI accelerator sales of around $40 billion in 2024. This is nearly 80 times more than Intel and 11.4 times more than AMD, underscoring its leadership in the industry.

According to Bloomberg Technology, NVIDIA’s competitors, such as AMD and Intel, are expected to see much smaller revenues from their AI devices — $3.5 billion and $500 million, respectively. This highlights that NVIDIA is not only maintaining but also increasing its lead over its competitors in the AI accelerator market.

NVIDIA has also showcased its latest achievement in AI — the Blackwell GPUs, priced between $30-40 thousand per unit, making them some of the most powerful in the world. This development is part of the company's strategy to maintain technological supremacy in a highly competitive field.