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Seeking Alpha
2 hours ago
Nvidia: Competition From Google Should Help Ease Concentration Risks (Upgrade)
Nvidia maintains a strong moat in AI hardware despite Google's Gemini 3 Pro TPU advancements, with its CUDA ecosystem and more general-purpose GPUs. The chip maker's robust sales growth, high profitability, and continued pricing power counter fears of GPU commoditization and depreciation, supporting further stock gains. Risks include increased competition from custom chips, potential volatility from new AI partnerships, and higher financing costs if interest rates remain elevated.