Emily Flippen

It's a lovely ticker.

I always loved that.

And one of the things I always admired, despite the fact that the stock has been challenged recently, is that the management team at Ferrari invested pretty heavily into electric vehicles, but recently actually

kind of pulled back on a lot of their loftier goals.

It's not that they don't believe in the future of electric vehicles, but they said, all these targets that we set out initially, we just don't think they're as achievable in the near term as we set them out to be.

We're still going to be investing, but we're not going to be investing as heavily.

To your point, they don't want to throw good money after bad, so to speak.

They see the future in electric vehicles, but they're not going to overinvest in this space.

And I think the question becomes, in the case of Nvidia, can Nvidia overinvest in AI?

And I think a lot of listeners probably say, no, I don't think that's possible.

I actually think that it is possible for Nvidia to overinvest in AI.

We've seen the cycles happen to Nvidia in the past, whether that be cryptocurrency or gaming.

The demand for chips is cyclical in nature.

And I worry a little bit about Nvidia getting a little too caught up in its own narrative

and investing so much money into something that ultimately ends up being a slower cycle than they initially maybe expected it to be.

But Asit, I guess I want to, I've been talking too much.

I want to pass that question off to you.

Nobody wants to hear my opinion here.

What's your take on the investment?

Do you think it's a proactive or maybe a reactive move?