Comment by danpalmer

> Why would a pharma company give away the upside to a commoditized intelligence layer?

Why would a commoditized intelligence company give away the upside to a commoditized silicon company?

It still amazes me that Nvidia is worth so much, they're just one slice of the value chain, from mining, through chip fabrication, through to chip IP, through to technology stack, training, inference, and product integration.

I understand the reasons why, it's mostly lock in with CUDA and isn't really about unique chips, and I think the market sentiment on this is changing, but still it's crazy to me.