No. of Recommendations: 9
Jim,
A big difference with Alphabet, Amazon, and Apple as compared with others in the field is the degree of investment in their own datacenter and silicon design competency, relationships with the fabs, and proprietary training and inference chips. I think they are most directly aware of and prepared for demand destruction (and redirection of those resources internally) and the operational characteristics and depreciation.
Nvidia to me, is the big 10 foot pole, even if they are trying hard to diversify. Micron seems like a disaster waiting to happen due to Chinese state-supported competition and commodity like characteristics of the DRAM / HBM market.
Google, at least, is still just an advertising company with elite R&D capabilities and the best of an overextended lot. If I had to buy and then not touch the position for 5 years, I'd feel much safer buying GOOGL than NVDA or MU.
