NVIDIA Corp (NVDA)

[cadillacdave]

Everyone knows that consumer demand is what drives sales.

The problem with EVs, is that the government pushed the automakers to go all in and some did, discontinuing ICE models etc. But the consumer, the people who buy the cars, don't want EVs. They are not practical for most folks, are range limited, difficulty in charging, expensive to repair and have no resale value.

The consumers of AI, including Microsoft, Google, Meta and governments, can't get enough of it, as everyone wants the fastest chips to gain an edge in industry.

AI will continue to grow at a rapid pace, unlike EVs, that need discounts, rebates and government subsidies to succeed.