The Rundown Nvidia vs. Google: Is the AI Chip Race Winner Take All?
11 snips
Nov 30, 2025 Adam Kobeissi, Founder and Editor-in-Chief of The Kobesi Letter, dives into the competitive landscape of AI between Nvidia and Google's TPUs. He argues that increased competition could expand the AI market rather than threaten Nvidia's dominance. Kobeissi discusses how the Fed's response to labor market weakness may lead to rate cuts, impacting the broader economy. Additionally, he emphasizes the importance of asset ownership in today's market and warns of geopolitical risks and potential economic challenges ahead.
AI Snips
Chapters
Transcript
Episode notes
Sentiment Rules Short-Term Market Moves
- Market moves are driven primarily by sentiment rather than fundamentals in the short run.
- AI narratives amplify polarization and create binary views of bubble versus revolution.
Zoom Out During Volatility
- If you are a long-term investor, ignore short-term headlines and zoom out on the trend.
- Expect healthy pullbacks and hold assets to avoid missing major rallies.
Competition Expands The AI Pie
- Google's TPU push enlarges the AI market rather than destroying NVIDIA's opportunity set.
- Bigger competition validates the sector and grows the total addressable market.