《Where are we with Investing Today! 15% UP Per Year Next? or 80% Crash?》
NVDA 的高增长说法由营销驱动，对循环融资的依赖给 AI 交易带来系统性风险。
英伟达为了保持增长，将向其他业务投资990亿美元，这样这些业务有了英伟达的支持，就能借到更多钱，因为它们有英伟达背书，从而购买更多英伟达芯片。没有这一点，英伟达就不会增长得那么快，也许整个AI芯片的大厦就会崩塌。
Nvidia to keep on the growth will invest 99 billion into other businesses so that the businesses have the backing of Nvidia can borrow more money because it's backed by Nvidia and buy more of Nvidia chips. Without this, Nvidia would not grow as fast and perhaps the whole house of AI cards would revert.