Nvidia: The Only Threat Is Alphabet

James FoordInvesting Group LeaderFollow5ShareSavePlay(8min)Comments(4)SummaryNVIDIA maintains a near-monopoly in AI hardware, underpinned by its CUDA software ecosystem and rapid time-to-market execution.Google's vertically integrated TPU strategy poses a significant long-term threat, enabling internal AI workloads to bypass NVDA hardware entirely.TPUs, tailored for high-throughput inference, could structurally cap NVDA’s share of future AI economics as hyperscalers internalize AI stacks.NVDA remains indispensable for frontier model training, but its dominance may face a ceiling as large customers quietly reduce reliance over time.

Getty Images Thesis Summary Nvidia Corporation (NVDA) has dominated the AI market pretty much since its inception. Its GPUs are the default hardware for training and deploying large language models. Add to this its CUDA software stack, and you have anThis article was written byJames Foord26.28K FollowersFollowJames Foord is an economist by trade and has been analyzing global markets for the past decade. He leads the investing group The Pragmatic Investor where the focus is on building robust and truly diversified portfolios that will continually preserve and increase wealth.

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