At some point, Walmart execs sitting on a pile of NVIDIA stock won’t see this as a loss for them. It will just become an excuse to trim spending - on healthcare, on wages, on wholesale costs, on maintenance of their fleets and facilities - everywhere that isn’t AI.
One man’s cost is another man’s profit.
At some point, Walmart execs sitting on a pile of NVIDIA stock won’t see this as a loss for them. It will just become an excuse to trim spending - on healthcare, on wages, on wholesale costs, on maintenance of their fleets and facilities - everywhere that isn’t AI.