The data-center AI accelerator market exhibited rapid growth in 2023, driven by the glut for GPUs. With NVIDIA's two trillion dollar valuation in the stock market conversation about the semiconductor market was abuzz yet again. NVIDIA tripled its revenue and shipped 3.5 million GPU accelerator cards in 2023. NVIDIA controlled 95% of the market, with no major competition in sight in the AI accelerator market. NVIDIA's H100 cards were able to command ASP as high as $40,000, lifting overall margins for NVIDIA. The overall market for data-center AI accelerator in 2023 was $39.3 billion, with NVIDIA accounting for $38.1 billion.