NVIDIA: The Merchant’s AI Gold Mine
October 20, 2026
NVIDIA sells the picks and shovels of the AI boom. Increasingly, it owns stakes in the gold mines too. … More NVIDIA: The Merchant’s AI Gold Mine
NVIDIA sells the picks and shovels of the AI boom. Increasingly, it owns stakes in the gold mines too. … More NVIDIA: The Merchant’s AI Gold Mine
For more than a century, the structure of industries has been shaped by two strategic forces: vertical integration and horizontal integration. Both strategies pursued the same objective: control over supply chains, competitors, and markets. From oil companies controlling refineries and distribution networks to tech giants acquiring competitors and locking in markets, the strategy was always … More AI: The Next Chapter in Vertical and Horizontal Integration