Commodity, Not Monopoly
中文摘要
市场误将英伟达视为垄断者而非周期性商品，这种定价逻辑并不成立。
English Summary
The market incorrectly prices Nvidia as a monopoly rather than a cyclical commodity, a logic that fails under closer scrutiny.
Original Excerpt
The market is pricing Nvidia as a supercycle monopoly rather than a cyclical commodity. That logic fails when you look at who is actually… Continue reading on Medium »