[zmgsabst]

nVidia is sitting on a huge pile of cash, ie, they’re not constrained by resources — hence the framing as a choice.

[chii]

cash cannot buy more fabs. ASML machines are the constraint, plus TSMC's capacity is a constraint.

Not to mention that nvidia's cash pile isn't magic - they should not overpay for capacity; they're better off returning cash to investors in that case.