tivoboy
Active Member
EM announcing a "chip" that they "will be building" or are building or thinking of designing and having built, IMHO is much different than MSFT, or GOOGL, or META or INTC or anyone else for that matter "saying" or doing.Fully understood (and priced into my assumptions). But... when did Tesla announce a chip that could compete with Nvidia on the data center space, and how much are they still spending a year on Nvidia chips? The moat Nvidia has is much deeper than the chips themselves, it is the tools as well which aren't a slam dunk for people to replace wholesale. When you look out 2-3 years you might see a cap to growth rate, but until then I don't see it. The broader market is growing so much faster than Nvidia's chip supply.
Now, if you look 5-7 years out maybe we will all look back on the pop of the AI bubble and have a different discussion.