Back in 2021, Intel was the single biggest company in terms of the revenue that they generated from their data centers. Intel earned around $5.7 billion from its data centers in the first quarter of 2021, with Nvidia earning $2.4 billion and AMD earning $0.8 billion in the same time period. In spite of the fact that this is the case, Nvidia has managed to surge past its rivals over the past couple years.
With all of that having been said and now out of the way, it is important to note that Nvidia earned $10.3 billion in the second quarter of 2023. This is more than double what Intel earned, namely around $4 billion, with AMD pulling in about $1.3 billion. Nvidia’s revenue growth for its data centers was around 61% in 2022, and this has soared to 171% as of 2023.
Meanwhile, even though AMD enjoyed an impressive 83% revenue growth rate in 2022, it saw its revenues decrease by 11% with all things having been considered and taken into account. Things are also going quite badly for Intel, with the chip manufacturer seeing its data center revenues shrink dramatically by 18% in 2022 and 15% in 2023 so far.
H/T: VC
By 2023, Nvidia’s share of AI chips is estimated to be somewhere in the region of 70%. Intel has been beset by delays in its product lines which have given it next to no presence in the AI chip market, something that will make its future growth more limited than might have been the case otherwise.
Gaining a foothold in AI chips was crucial because of the fact that this is the sort of thing that could potentially end up putting Nvidia over the top. In the space of just two years, Nvidia has seen its data center revenues swell to the point where it is leaving AMD and Intel behind. AMD might also soon start earning more than Intel at least in this regard, which would further put strain on Intel’s resources. It will be interesting to see what the numbers look like next year.
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With all of that having been said and now out of the way, it is important to note that Nvidia earned $10.3 billion in the second quarter of 2023. This is more than double what Intel earned, namely around $4 billion, with AMD pulling in about $1.3 billion. Nvidia’s revenue growth for its data centers was around 61% in 2022, and this has soared to 171% as of 2023.
Meanwhile, even though AMD enjoyed an impressive 83% revenue growth rate in 2022, it saw its revenues decrease by 11% with all things having been considered and taken into account. Things are also going quite badly for Intel, with the chip manufacturer seeing its data center revenues shrink dramatically by 18% in 2022 and 15% in 2023 so far.
H/T: VC
By 2023, Nvidia’s share of AI chips is estimated to be somewhere in the region of 70%. Intel has been beset by delays in its product lines which have given it next to no presence in the AI chip market, something that will make its future growth more limited than might have been the case otherwise.
Gaining a foothold in AI chips was crucial because of the fact that this is the sort of thing that could potentially end up putting Nvidia over the top. In the space of just two years, Nvidia has seen its data center revenues swell to the point where it is leaving AMD and Intel behind. AMD might also soon start earning more than Intel at least in this regard, which would further put strain on Intel’s resources. It will be interesting to see what the numbers look like next year.
Read next: New Study Sheds Light On The World’s Deadliest Places For Journalists
