Everyone is saying data center build outs are the main thing to look out for. But those data centers with all those gpus will need to replace those gpus right? Nvidia will come up with better, faster, more efficient gpus.

LLM use age won't crash either, it might decline or taper off but it's here to stay.

My concern is better models that won't need a whole of GPU, or China comping up with their own foundry and GPUs that compete. There is also the strategy issue, can Nvidia's leadership think global enough? will they start pursuing data centers in europe, latam, asia? can they make gpus cheap enough to compete in those regions?

The way things are, lots of countries want this tech local, but they can't deny the demand either.

Europe for example might not want anything to do with American AI companies, but they still need GPUs for their own models. But can Nvidia rebrand itself as a not-so-american-but-also-american company? Like Coca Cola for example. i.e.: not just operate in europe but have an HQ in europe that has half their execs working from there, and the rest from california. Or perhaps asia is better (doubt)? either way, they can't live off of US demand forever, or ignore geopolitics.