Comment by 0xDEAFBEAD

I admit I'm not too knowledgeable about the semiconductor industry. But it seems to me that there two likely scenarios: AI Bear or AI Bull.

In the AI Bear scenario, NVIDIA is obviously overvalued.

In the AI Bull scenario, we get full automation of software engineering. With "just a few clicks", an AMD employee can extract and replicate whatever subset of the spec is needed for AI workloads. Didn't the Google vs Oracle case find that copying an API can be fair use? And NVIDIA's patents haven't stopped Google from training on TPUs have they?