NVDA NVIDIA
ChipsPosition Summary
Shares
44
Avg Price
$180.38
Cost Basis
$7,937
Conviction
8/10
Investment Thesis
Dominant AI compute platform with 92% GPU market share and 15-year CUDA moat. Vera Rubin in production.
Key Arguments
Bull Case
Monopoly on AI training + inference GPUs. CUDA moat. Every hyperscaler needs them.
Bear Case
Valuation assumes perfection. Custom silicon (Google TPU, Amazon Trainium) could erode share.
What Would Make Us Sell
Revenue growth decelerates below 30% for two consecutive quarters.