NVIDIA announced impressive results for the second quarter of its 2024 fiscal year, with revenue surging by 101% year-over-year, setting a new historical high. The AI chip H100 is in high demand and has become NVIDIA's cash cow. With an 84% market share in the GPU market and a mature ecosystem, NVIDIA has emerged as the biggest winner in the AI wave. Both domestic and international AI companies are scrambling to purchase NVIDIA's GPU chips to gain a first-mover advantage.