You have used M&A as a strategy. You have very interesting infrastructure where you're running H1 hundreds, principally upgrading to Blackwell generation. Yes, those are very specific to the modalities of image and audio.That's right. Right. But outside of that infrastructure, you've gone out buying companies are you can even use some of the money raised for that purpose.Absolutely, yes. Why. What's the logic.Definitely. I mean, it's it's it's definitely a very fast race right now, trying to become one of t ...

Core Insights - The partnership between Nvidia and Nokia involves significant investment and collaboration to optimize Nokia's technology stack using Nvidia's software and hardware [2][4] - Nvidia's strategy focuses on expanding its presence across various industries, leveraging its software capabilities alongside hardware [7][8] Investment and Financials - Nvidia has made a $1 billion equity investment in Nokia, acquiring a 3% stake to facilitate the partnership [2] - The mobile infrastructure market is valued at approximately $35 billion, indicating that Nvidia's investment is part of a broader strategy rather than a singular focus [6] Technology and Development - The transition to a virtualized radio access network (vRAN) has been slower than anticipated, prompting Nokia to update its hardware and software stack [2][4] - Nvidia is encouraging Nokia to optimize its software for ARM architecture and move from physical to virtualized appliances, which is a costly but necessary process [3][4] Market Opportunities - Nvidia's revenue potential from its Blackwell Rubin initiative is projected to reach $500 billion over five fiscal quarters, excluding China, indicating a substantial growth opportunity [11] - There is an estimated $100 billion upside in the datacenter business, which is viewed as a backlog and order pipeline [12][13] Supply Chain and Infrastructure Concerns - Concerns exist regarding the availability of physical infrastructure, supply chain readiness, and power availability for datacenters, which could impact Nvidia's growth [14][16] - The semiconductor supply chain is under pressure, with companies like SK Hynix reporting full sales for their 2026 chip slate, highlighting potential challenges in meeting demand [15]