US tech company Nvidia releases its most recent artificial intelligence chip.

With an 80% market share, the company wants to further solidify its lead.

At its annual developer conference, Jensen Huang, the company’s chief executive, unveiled a new suite of software tools in addition to the B200 “Blackwell” processor.

After Apple and Microsoft, Nvidia is the third-most valued firm in the United States.

Its market worth reached $2 trillion (£1.57 trillion) last month, and its shares have increased 240% over the previous year.

Mr. Huang made a lighthearted statement to begin the conference, saying, “I hope you realise this is not a concert.”

However, Bob O’Donnell, a Technalysis Research participant, told the news that buzz was in the air.