Nvidia Is Becoming The AI Nation-State

Rob Tanner 66 Followers Follow Summary NVIDIA is behaving more like a nation-state, strategically subsidizing the AI ecosystem to expand its future market and defensible moat. NVDA's willingness to finance/backstop major AI infrastructure projects is rational ecosystem development, not classic vendor financing, leveraging unique informational and strategic advantages. Early evidence from Meta, Nvidia, Microsoft, and Amazon shows AI compute demand is broadening beyond frontier labs, supporting NVDA's long-term bull case. I remain bullish on NVDA, rating it a buy, as ecosystem investments are strengthening the company's long-term growth prospects. BING-JHEN HONG/iStock Editorial via Getty Images Nvidia Is Becoming the AI Nation-State There is currently endless talk about circular financing in AI, especially around Nvidia ( NVDA ). The underlying concern is entirely legitimate. But the phrase carries some misleading historical This article was written by Rob Tanner 66 Followers Follow Early retired business school professor (thanks ARMH/NVDA), Chicago MBA, ex-BCG, write at Tannerontech Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.