Nvidia's latest earnings report sends a clear signal: the AI narrative isn't built on hype. $NVDA

While skeptics keep questioning whether we're witnessing another tech bubble, the numbers tell a different story. Data center revenue continues crushing expectations. Enterprise adoption isn't slowing down—it's accelerating.

Here's what matters: we're past the speculation phase. The real game now? Pinpointing which players will actually capture value as AI transitions from infrastructure buildout to revenue generation.

Think beyond the obvious chip makers. Look at the entire value chain—cloud providers scaling inference capabilities, software companies embedding AI into workflows, platforms enabling smaller teams to deploy sophisticated models.

The monetization wave is just starting. Some companies will ride it. Others will drown in capex without returns.