Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California.
Nvidia's expansion into cloud services has given the titan chipmaker leverage over its own customers.
  • Nvidia is using the sky-high demand for its chips to its advantage.
  • The company's expansion into cloud services and new hardware has Nvidia competing with its own clients.
  • And Nvidia clients like Amazon want chips so badly they're helping it compete, per The Information.

Nvidia knows its customers are desperate to get their hands on its GPUs, and the company is using that to its advantage.