$NVDA

All the semiconductor stocks are flying except $NVDA, why? Well, the majority of AI workloads are shifting to inference where ASICs have a larger market share than $NVDA. Investors are worried that $NVDA growth may slow down. I don’t agree. Yes, $NVDA will have smaller market share in inference, but inference will be a bigger market than training by orders of magnitude. So, I don’t think $NVDA growth will lag peers anytime soon, not in the next 4-5 years. Long $NVDA will work pretty well from here.