One issue is that NVDA has a very large moat, and that moat is Lisa Su. CUDA has NVDA locked into this category of applications for a long time. There is no sp

One issue is that NVDA has a very large moat, and that moat is Lisa Su. CUDA has NVDA locked into this category of applications for a long time. There is no specific hardware reason that AMD couldn't compete, but when geohot tried to directly engage Su on the major software failures of AMD, she told him to go fuck himself, and that they're not going to do anything because their software support is perfect. Bubbles rarely "burst" - they usually end up getting more evenly distributed over time, with the large, popular bubble players deflating spectacularly, and smaller players taking up the slack. So it might seem a solid play to short NVDA against an AMD long. But Lisa Su graduated from MIT, and therefore she is a better class of person than anyone else. Her company's software is perfect. And it's this kind of hubris that will ensure NVDA's moat remains longer than you likely think.