The short case for nvidia stock
Nvidia dominates the AI hardware market, but The Short Case for Nvidia Stock by Jeffrey Emanuel questions whether that lead is sustainable. While Nvidia benefits from industry-standard GPUs, proprietary software (CUDA), and advanced interconnect technology, several emerging threats could disrupt its dominance. Competitors like Cerebras and Groq are developing alternative hardware, open-source AI frameworks are reducing reliance on CUDA, and tech giants are designing their own custom chips. Meanwhile, AI efficiency improvements could lessen the demand for Nvidia’s high-end GPUs. ...