Dan Ives

It's about other sort of regions starting to play, and there's only one chip in the world fueling it, and that's NVIDIA.

I mean, I think this is the bullish tech earnings season.

We've talked about it.

The validation of the AI revolution hits next stage of growth.

It's spreading second, third, fourth derivatives.

Now, Grant, look, NVIDIA is a Scotty Scheffler of tech.

But what you're starting to see now play out is those derivatives, the spending, the multiplier, it's all happening.

And I think that's just bullish going into year end in terms of tech stocks.

And I think this bull market has two to three year run still out.

Look, it's obviously it's unusual.

It's a pay for play model.

But guess what, investors, it's new rules of the road, right?

Big tech starting to understand how that works.

But when it comes to NVIDIA, okay, pay 15%.

That's breadcrumbs.

You could raise prices 15%.

You need access to China.

You can't give Huawei on a silver platter that market.

So as it continues to play out, I think investors have accepted they want NVIDIA open access to China because that continues to be the golden goose that Jensen's going after.

You know, it's concentrated, but that's just the nature right now.