There are some semiconductor companies that I feel are more susceptible to disruption. NVIDIA isn’t one of them. There are numerous reasons why I say this but the main one is focus and R&D. NVIDIA has been the use case I use when talking with the industry when I give a counter example to first party semiconductor initiatives of companies like Google and Amazon. While I fully believe it makes sense for some companies to make some of their semiconductor/data center hardware there are many cases where this isn’t a good idea.