Comment by mrtksn

Yes, from the first principles perspective this AI thingy is just about running electricity through some wires printed on silicon by a Taiwanese company using a Dutch machine. Which means, up until the Taiwanese you have plenty of room to cut margins up until that point the costs are mostly greed based. That is Nvidia is asking for the highest price the customer can pay and they have quite a way to the cost that define their min price. Which means AI companies can actually keep getting better deals until the devices delivered to them are priced close to TSMCs bulk wafer printing prices.