Nancy Tangler

Thanks for having me, Tim.

You know, I'm actually going to go, we own them both, and I'm going to go with NVIDIA.

And the reason for that is I think analysts are forgetting or investors are not focusing on CUDA, which is the software system that developers use around the NVIDIA chips, Blackwell, and then soon to be Rubin.

And I think it's analogous to Apple and the App Store.

So, you know, it was just a handset company when we were buying it.

I was told that every time I talked about it on the air.

But it was really the App Store and services that we were buying.

And this, I think, is analogous to that.

If they lose, you know, if they go from 80% to 79% market share...

I can live with that because I think the earnings growth is going to continue.

Let's not forget AMD is in the wings and we also own that and Broadcom, which is developing the TPUs.

I think there's a lot of ways to make money in this trade.

So we listened to the companies, Tim, and let me give you one great example.

We've talked about it before, but Walmart is our poster child of our investing theme, which is an old economy company that has pivoted to the new technologies and is now going to be listed on the NASDAQ, let's remember.

So they had 6% revenue growth, pretty good for Walmart, but 27% in e-commerce.

That was also interesting to me, but what really got my attention was that delivery speed's

We're up 35% of digital orders are arriving in under three hours.

They're also using automation in the fulfillment center.

So 50% of their orders are fulfilled automatically via robot.

We own the company that did all that for them, Symbotic.