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Nvidia Signs Massive Deal With China's Kingpins:

https://seekingalpha.com/article/4110210-nvidia-signs-massive-deal-chinas-kingpins?ifp=0

The Narrative that is Building
On 7-24-2017 we penned It’s Happening: The Opportunity in Artificial Intelligence.

In that dossier we discuss the forecasts from IDC and SunTrust which put the total addressable market at $12.5 billion in 2017 and a 54.4% compound annual growth rate (CAGR) through 2020, leading to a $46 billion industry in a matter of less than four years. SunTrust sees the market at just over $47 billion.

On July 4th we penned a massive update coming from China’s Ministry of Industry that focused on an explicit plan from Mainland China where it is expected to see total investments on 5G mobile networks reach 2.8 trillion yuan (US$411 billion) in the period from 2020 to 2030.

Those numbers we released by the China Academy of Information and Communications Technology, the research arm of the Ministry of Industry and Information Technology (MIIT).

Within those dossiers we focused on Nvidia’s role in powering cloud platforms with a focus on machine learned and of course the use of its GPUs in artificial intelligence.

Recent notes from Wall Street have poured some cold water on the fiery stock, noting that the company won’t be able to capture full market share — of course competition, at some level, must exist.

But, an announcement from China’s mega 3 technology companies has risen the bar yet again for Nvidia.

China's Mega Technology Companies
Barron’s reported on September 26th that Nvidia has struck a deal where it will provide AI graphic processing chips to the three Chinese tech titans; Alibaba (NASDAQ:BABA), Baidu (NASDAQ:BIDU), and Tencent.