I think it depends on capex civil war winner


in inference era, nvidia is exptected to lose the dominance in training, plus soaring memory price eroding NV's margin
memory is no doubt capex share winner in 26/27, 1 yr away to be funding short, when its capex share peak ~2028
capex share winner = priority NO.1 when buying semi
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Sunny804
· 3h ago
Thanks for the breakdown! It’s interesting to see how others are interpreting the current market volatility
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