"Well, it makes sense and it's interesting that we're talking about Nvidia and their holdings with that kind of capital, clearly they wanna spread it out because you and I remember when Nvidia was a $2 stock. About 15 years ago, we remember it well and they remember it well and it had they not come up with a gaming, a faster gaming chip in like 2015. It may have been game over for them, but nope."
"They hung in there. And boy, look at what they own now. And I think doing what they're doing is kind of what Steve Jobs did. You know, he would go out and acquire companies or invest in other companies to kind of build out the Apple brand and what they were doing and the vendors they were using and things of that nature. And maybe that's what the top folks in Nvidia think."
Nvidia will invest $100 billion in OpenAI and deploy 10 gigawatts of Nvidia systems. The investment strategy spreads capital across holdings and resembles targeted acquisitions or investments to build an integrated ecosystem. Nvidia recovered from a low valuation after introducing a faster gaming chip around 2015 and has since amassed significant assets. Broadcom's recent performance illustrates that a small number of dominant semiconductor players can capture outsized market gains. Securing a major stake in OpenAI would broaden Nvidia's role in AI compute, partnerships, and consolidation within the semiconductor and AI infrastructure markets.
Read at 24/7 Wall St.
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