[matwood]

Related to your #2. I mentioned this elsewhere yesterday, but NVDA's margins (55% last quarter!) are a gift and a curse. They look great for the stock in the short term, but they also encourage its customers to aggressively go after them. Second, their best customers are huge tech companies who have the capital and expertise (or can buy it) to go after NVDA. DeepSeek just laid out a path to put NVDAs margins under pressure, hence the pullback.

[HDThoreaun]

Their data center margins are even dumber. 80-90% margins on a product just are not sustainable. No chance they keep this monopoly long term.