Vivek Arya

NVIDIA has strong fundamentals with sales growing over 80%, diversified across hyperscalers, neo-cloud, enterprise, and AGI/robotics. Gross margins holding at 75%, dividend increased 25x. Despite full positioning, the company's full-stack approach (silicon, hardware, systems, power, software) and developer base provide a durable competitive advantage, allowing it to keep 70-80% of industry value as AI infrastructure grows. The race for AI is supply-constrained and global, supporting long-term growth.