Too Long; Didn't Read
The AIVAR (Artificial Intelligence and Virtual/Augmented Reality) market is expected to be worth $3.18 trillion by 2024 [1,2]. Perhaps no company is better positioned to capitalize on the rise of AIVAR than NVIDIA, but like all hardware companies NVIDIA is at risk of being commoditized by low cost-copy cats. NVIDIA has built themselves a nice castle, but if it wants to become the next mega-tech company and avoid the fate Cisco then NVIDIA is going to need a big moat. Because in a war, a castle with a big moat is exponentially more valuable than a castle without a moat.