Nvidia controls the AI timeline, but a boring memory maker in Korea has accidentally become the most powerful gatekeeper in the global economy.
Jensen Huang is the man of the hour. Nvidia is the company of the decade. The market has decided these two control the pace of the artificial intelligence revolution.The market is wrong.A King is powerless without his supply lines. Right now, the supply line for the most critical component—High Bandwidth Memory (HBM)—has snapped. Nvidia’s next super-chip, the Rubin, is effectively a paperweight without it.