Feb. 22 at 10:26 PM
@FactozDefiYield
$NVDA earnings are coming HOT. Despite the persistent narrative of AI dominance,
$NVDA has maintained on a narrow range for 6 months.This suggests a market that is no longer pricing in "potential" but is demanding concrete "proof."
The Bull Case is Crowded; The Risk is Real
While the market remains fixated on the Blackwell launch, several competitive shifts suggest that NVIDIA’s "moat" is facing its most significant stress test yet:
• AMD’s MI350 series now offers up to 288GB of HBM3E memory, significantly outclassing the standard Blackwell configuration. In an era of massive LLMs, memory capacity is the primary bottleneck. If hyperscalers can run larger models on fewer
$AMD chips, NVIDIA’s pricing power could erode rapidly.
• AWS Trainium3 is hitting the market with a value proposition that is hard to ignore: 50% energy savings over general-purpose GPUs. As
$AMZN and other cloud providers vertically integrate, NVIDIA loses its highest-margin customers.
YOLO?🤑
