Ian King

This has been rumored for a long time that NVIDIA would directly get into this market with a CPU.

And now we've finally seen it.

And the way he's packaged it is he's saying, look, if AI is coming to the laptop, if we're going to start talking to our laptops, if we're going to start expecting them to think

We'll need a different kind of chip, and here's one I prepared earlier.

This has been rumored for a long time that NVIDIA would directly get into this market with a CPU.

And now we've finally seen it.

And the way he's packaged it is he's saying, look, if AI is coming to the laptop, if we're going to start talking to our laptops, if we're going to start expecting them to think we'll need a different kind of chip.

And here's one I prepared earlier.

Yeah, it's a real endorsement from one of the biggest buyers of this kind of equipment.

Obviously, they're playing catch up with NVIDIA, who had their own deal with Meta last week.

So this is a real strong affirmation.

And it also includes a share of warrants as well that are going to Meta.

Yeah, I mean, the way to look at it, Lisa Su said, look, this basically ties us closer to Meta.

They get these shares if we're in a very good position.

I mean, the last tranche, I believe, is about $600.

Yesterday, they closed at less than $200.

So we've got a room to go before that becomes a reality.

But her point was that this kind of locks us together and tightens our relationship.

Yeah, I mean, at this point, all we can do is say, look at the numbers and the numbers, assuming NVIDIA comes in and executes on what Wall Street thinks it's going to do.

The numbers say there's no anxiety here.