News > Nvidia artificial intelligence developer conference kicks off with new chips in focus

Nvidia artificial intelligence developer conference kicks off with new chips in focus

Artificial intelligence semiconductor powerhouse Nvidia kicked off its annual developer conference on Monday. Nvidia's new chip and software announcements at GTC 2024 will help determine whether Nvidia can maintain its leadership position. Nvidia dominates the data centre AI chip market with about 80% market share. Its shares surged 240% over the past 12 months, making Nvidia the US stock market's third most valuable company.