Nilay Patel

You don't have that kind of secondary business.

Is that more of a danger to you?

Do you think it will cap out?

Do you think we'll have enough data center capacity and things will go back to normal?

Yeah.

Is there a point at which the price of RAM or the price of a marginal NVIDIA GPU becomes too high for you to sustainably do laptops at your scale?

Let me come back to what you're saying about AI and development.

AI is the future of gaming.

You've announced products here.

We've talked about AVOD, the headset with the cameras and the AI stuff in it.

That's consumer AI products, right?

Those are consumer products.

And you're saying your bet is on AI helping developers make better games faster.

There's a gap there, right?

AI is the future of gaming is an all encompassing tagline.

It means a lot of things to a lot of people, but it sounds like your bet is very specifically on sort of the more enterprise side of the house, helping developers do games better.

Is that correct?

That it's much more narrow than what people are perceiving?

I've heard this pitch a lot.

I have a lot of reactions to it.