There still isn't a serious alternative for chips for AI training. Until competition catches up or models become so efficient they can be trained on gaming cards Nvidia will still be able to command the same margins.
Growth might take a short-term dip, but may well be picked up by induced demand. Being able to train your own models "cheaply" will cause a lot more companies and departments want to train their own models on their own data, and cause them to retrain more frequently.
The time of being able to sell H100 clusters for inference might be coming to an end though.
Growth might take a short-term dip, but may well be picked up by induced demand. Being able to train your own models "cheaply" will cause a lot more companies and departments want to train their own models on their own data, and cause them to retrain more frequently.
The time of being able to sell H100 clusters for inference might be coming to an end though.