And I would say it's actually a more secure future demand channel than the hyperscalers. Openai and co can build their own chips, so they won't buy from NVidia.

And I would say it's actually a more secure future demand channel than the hyperscalers. Openai and co can build their own chips, so they won't buy from NVidia. But they probably won't sell them to somebody else, so everyone who wants to run their own install (and can, not the least because of HF), will buy Nvidia.