on the other hand, it's easier to "copy" telecommunications equipment than state of the art chips. Not saying there won't be competitions to nvidia's dominance, but so far, not a pip from anyone (realistically that is).

> Not saying there won't be competitions to nvidia's dominance, but so far, not a pip from anyone (realistically that is).

It's so surprising. So much money at stake and there is zero competition for hardware purchase. Google's Tensor chips are excellent, but can only be rented.

I think Cisco imploded because people moved to the cloud. But even cloud providers are stuck with nvidia; they have a software moat.

Curiously, nvidia's P/E ratio is lower than it was two years ago!

Cloud is 2010+ thing