Some alternative-chip efforts may aim to reduce the price customers pay Nvidia; these efforts are architecturally similar to Nvidia’s chips and are not bets on capabilities Nvidia’s chips cannot enable.

“is to reduce the price that people pay Nvidia.”

“And there may be some truth to that as well, because those efforts are kind of architecturally quite similar, right? So it's a bet that is not on enabling a fundamental capability that those other chips cannot enable.”