Nvidia needs to keep the hype train going, by throwing darts in every possible direction.

They’ve been throwing darts in this particular direction for many, many years - back when I was watching 2 minute papers with interest and hoovering up their stock at $0.80, long before the hype train pulled out of the station.

This is all mature stack, and the value is enormous and largely unrealised at this point - the systems they have for everything from training to implementation to edge inference basically present a complete capture of the ecosystem for robotics, autonomous vehicles, manufacturing, you name it - anything where you’re integrating input streams and acting on it, they’ve got covered, end to end.

I continue to hold a substantial chunk of Nvidia - because while hyperscaler spend may wane once the initial arms race subsides, they are uniquely positioned to pivot to making use of the output of hyperscaler and other GPU product.