“NVIDIA is a full-stack AI infrastructure company that happens to make GPUs”
100%. it’s really interesting to have watched them go from a gpu/ gaming company to this. i don’t think enough people are aware at this fundamental shift in what nvidia and their actual stack is now. great read!
The full-stack shift is the part most people miss. Are you seeing teams lean on NVIDIA's software layer or mostly just buying the hardware and rolling their own?
Good breakdown of the NVIDIA stack. The key insight for investors: NVIDIA’s networking layer (InfiniBand/Mellanox) is what makes the 3.6M Blackwell GPU orders actually deployable at scale. But the companies supplying the physical infrastructure underneath — power, cooling, networking hardware — are where the overlooked compounders live. Arista, Vertiv, and Equinix are riding the same GPU wave without the semiconductor valuation premium.
Sharp eye on the infrastructure layer underneath. Are you seeing the power/cooling bottleneck as the bigger constraint right now, or is it still networking?
“NVIDIA is a full-stack AI infrastructure company that happens to make GPUs”
100%. it’s really interesting to have watched them go from a gpu/ gaming company to this. i don’t think enough people are aware at this fundamental shift in what nvidia and their actual stack is now. great read!
The full-stack shift is the part most people miss. Are you seeing teams lean on NVIDIA's software layer or mostly just buying the hardware and rolling their own?
we do use Blackwell/Rubin arch, but also our own Trainium/Inferentia.
Oh nice, running both NVIDIA and custom silicon. How does Trainium hold up against Blackwell for your workloads?
Good breakdown of the NVIDIA stack. The key insight for investors: NVIDIA’s networking layer (InfiniBand/Mellanox) is what makes the 3.6M Blackwell GPU orders actually deployable at scale. But the companies supplying the physical infrastructure underneath — power, cooling, networking hardware — are where the overlooked compounders live. Arista, Vertiv, and Equinix are riding the same GPU wave without the semiconductor valuation premium.
The infra plays underneath NVIDIA is a sharp angle. Are you more bullish on the power/cooling side or the networking layer right now?
Both, but probably more on the power/cooling, the whole system just isn’t possible with out them.
Sharp eye on the infrastructure layer underneath. Are you seeing the power/cooling bottleneck as the bigger constraint right now, or is it still networking?