{"id":5213,"date":"2025-05-12T07:37:01","date_gmt":"2025-05-11T21:37:01","guid":{"rendered":"https:\/\/murrayslatter.me\/?p=5213"},"modified":"2025-05-12T07:48:06","modified_gmt":"2025-05-11T21:48:06","slug":"what-i-am-investing-in-and-why-nvidia-nvda","status":"publish","type":"post","link":"https:\/\/murrayslatter.me\/?p=5213","title":{"rendered":"What I Am Investing In and Why: NVIDIA (NVDA)"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>1. How I First Discovered NVIDIA<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">My journey with NVIDIA began in 2016, right at the onset of the crypto mining boom. But unlike the crowd, I wasn\u2019t drawn in by the buzz around mining rigs. I had a far longer view.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As a television engineer who played a key role in Australia\u2019s digital broadcast revolution in the early 2000s, I had firsthand experience with the architecture of digital pipelines. I knew the role GPUs played in encoding, decoding, and managing video data\u2014and how that would expand beyond pixels to data across every industry.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Later, my work in autonomous mining robotics only deepened that conviction. I came to believe that any system trying to mimic human perception and cognition\u2014whether for self-driving cars or industrial automation\u2014would need massive, real-time parallel compute power. That wasn\u2019t a CPU job. It was\u2014and is\u2014a GPU-native world.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2. The Spark: A Broader Vision for GPUs<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When I first looked closely at NVIDIA, I saw a company not just making chips\u2014but building foundational infrastructure for the digital age. Their GPUs were becoming the nervous system of the world\u2019s most demanding systems: graphics, simulation, autonomous vehicles, scientific computing, and eventually AI.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That understanding passed what I call my \u201csystems sniff test.\u201d I wasn\u2019t reacting to trends\u2014I was watching the evolution of digital value chains and betting on the enabler.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3. Investigative Process<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Over four years, I dollar-cost averaged into NVIDIA\u2014starting with a small position and letting my research build conviction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I read every earnings call. I studied CEO Jensen Huang\u2019s public commentary. I dug into product roadmaps\u2014especially around CUDA, the NVIDIA Drive platform, and later, their GPU-accelerated data centre stack. I tracked their acquisitions (like Mellanox), the developer ecosystem, and their growing moat in developer mindshare.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What impressed me most was their visionary execution\u2014not just technology leadership, but architecture control, vertical integration, and bold strategic pivots years ahead of competitors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4. My Original Thesis<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">My initial thesis was simple: GPUs are the new engines of intelligence.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I believed NVIDIA would dominate in:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Digital content acceleration (video, gaming, AR\/VR),<\/li>\n\n\n\n<li>Self-driving vehicles, where real-time decision-making at the edge is critical, and<\/li>\n\n\n\n<li>High-performance computing across scientific, financial, and defense sectors.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">They were building tools for industries I had worked in\u2014and more importantly, for industries that didn\u2019t exist yet.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5. Role in My Portfolio<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I began with a modest starter position\u2014as always, testing both market and personal conviction. Over the years, that grew to 3% of capital as I scaled in with conviction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today, NVIDIA represents 12% of my portfolio, making it my largest position. This was not a speculative moonshot\u2014it was an earned, compounding conviction over a 9-year journey.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It lives firmly in my G1 Fund \u2013 Core Compounders, but also expresses themes in my G2 and G3 funds due to its central role in AI, robotics, and infrastructure computing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>6. The Leadership Team<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Jensen Huang is, to me, one of the great architect-CEOs of our time\u2014alongside the likes of Jobs, Nadella, and Bezos. He blends technical mastery with missionary zeal. His leadership isn\u2019t about quarterly results\u2014it\u2019s about 20-year arcs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Huang understands that developers are the most valuable assets in modern compute ecosystems\u2014and NVIDIA has relentlessly cultivated that base.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">His clarity of thinking, charisma, and precision of execution have created a culture of first principles thinking and iteration\u2014rare in public companies of this scale.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>7. Experience as a Public Company Leader<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NVIDIA\u2019s capital allocation record is exemplary: investing early in trends that others ignored (AI in 2015, self-driving in 2016, data centre integration in 2019), and staying focused when markets were distracted.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Their operational leverage, R&amp;D velocity, and discipline in ecosystem development have made them the default choice in high-performance compute.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They\u2019ve shown resilience\u2014weathering the 2018 crypto crash, chip cycles, and pandemic shocks\u2014without losing strategic focus.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>8. Performance Against Key Metrics<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NVIDIA consistently outperforms on the metrics I care most about:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gross Margins well above 60%\u2014demonstrating pricing power and architecture advantage.<\/li>\n\n\n\n<li>Rule of 40: Their growth and profitability metrics together routinely exceed 60\u201370, even amid macro headwinds.<\/li>\n\n\n\n<li>Return on Invested Capital (ROIC) has been among the highest in the industry\u2014clear evidence of compounding efficiency.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">More importantly, they lead in non-financial KPIs: developer adoption, ecosystem stickiness, and enterprise standardization.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>9. What I\u2019m Watching for Now<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">My current thesis is centred around the Data Centre Explosion\u2014driven by the rise of:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Large Language Models,<\/li>\n\n\n\n<li>AI training and inference at scale,<\/li>\n\n\n\n<li>Edge compute for robotics and real-time systems,<\/li>\n\n\n\n<li>And AI-as-a-service platforms being built by hyperscalers and enterprise clients.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">I believe NVIDIA is not just a chip company. It\u2019s a platform provider for the intelligence economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I\u2019m watching:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Supply chain expansion: H100, B100, and custom silicon.<\/li>\n\n\n\n<li>Software adoption: CUDA, Triton, Omniverse, and AI Foundation Models.<\/li>\n\n\n\n<li>Regulatory risk in China and the U.S.<\/li>\n\n\n\n<li>Entry of new competitors (Intel, AMD, custom ASICs).<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>NVIDIA\u2019s Business Verticals: TAM, Revenue, and Market Share<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1.\u00a0Data Center &amp; AI Infrastructure<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Total Addressable Market (TAM): Projected to reach $1 trillion by 2028, driven by the proliferation of AI workloads, large language models (LLMs), and accelerated computing demands .<\/li>\n\n\n\n<li>NVIDIA\u2019s FY25 Revenue: Approximately $115 billion from the data center segment .<\/li>\n\n\n\n<li>Market Share: Dominant position with 98% of data center GPU shipments in 2023 .\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2.\u00a0Gaming (Discrete GPUs)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>TAM: Estimated at $50\u201360 billion annually, encompassing PC gaming, cloud gaming, and eSports.<\/li>\n\n\n\n<li>NVIDIA\u2019s FY25 Revenue: Approximately $9.1 billion from the gaming segment .<\/li>\n\n\n\n<li>Market Share: Leading with 90% of the discrete GPU market as of Q3 2024 .\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3.\u00a0Automotive (AI, Robotics, Autonomous Driving)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>TAM: Projected at $300 billion, encompassing autonomous driving, AI cockpit systems, and vehicle-to-cloud services .<\/li>\n\n\n\n<li>NVIDIA\u2019s FY25 Revenue: Approximately $1.7 billion, reflecting a 5% increase from the prior year .<\/li>\n\n\n\n<li>Market Share: Significant presence in the automotive hypervisor industry, contributing to a combined 58.3% market share alongside key partners .\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4.\u00a0Professional Visualization (Workstations, AR\/VR, Industrial Design)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>TAM: Estimated at $20\u201330 billion, covering sectors like architecture, engineering, media, and entertainment.<\/li>\n\n\n\n<li>NVIDIA\u2019s FY25 Revenue: Approximately $1.88 billion from the professional visualization segment .<\/li>\n\n\n\n<li>Market Share: Strong position in the professional GPU market, though specific percentage figures are not publicly disclosed.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>10. What Would Break My Thesis<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A complete breakdown in developer loyalty or ecosystem strength (unlikely).<\/li>\n\n\n\n<li>Structural regulatory barriers limiting market access or export.<\/li>\n\n\n\n<li>A Moore\u2019s Law\u2013level shift away from GPU-dominant architectures (e.g., photonics, quantum).<\/li>\n\n\n\n<li>Jensen Huang stepping down without a visionary successor.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">But even with these risks, I see NVIDIA continuing to benefit from Mach 2-scale data centre demand, where compute scales exponentially and latency becomes currency.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Final Reflection<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This isn\u2019t just my best-performing stock\u2014it\u2019s the embodiment of my investing philosophy: long-term, systems-driven, asymmetric in potential, and grounded in lived industry insight.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re reading this decades from now, and NVIDIA is a foundational layer of every intelligent system on Earth, you\u2019ll know why I invested early, held through the noise, and remained steadfast.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I didn\u2019t just bet on chips. I bet on the infrastructure of the future<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. How I First Discovered NVIDIA My journey with NVIDIA began in 2016, right at the onset of the crypto mining boom. But unlike the crowd, I wasn\u2019t drawn in by the buzz around mining rigs. I had a far [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-5213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","clearfix"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What I Am Investing In and Why: NVIDIA (NVDA) - Murray Slatter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/murrayslatter.me\/?p=5213\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What I Am Investing In and Why: NVIDIA (NVDA) - Murray Slatter\" \/>\n<meta property=\"og:description\" content=\"1. How I First Discovered NVIDIA My journey with NVIDIA began in 2016, right at the onset of the crypto mining boom. But unlike the crowd, I wasn\u2019t drawn in by the buzz around mining rigs. I had a far [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/murrayslatter.me\/?p=5213\" \/>\n<meta property=\"og:site_name\" content=\"Murray Slatter\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-11T21:37:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-11T21:48:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/IMG_0970.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Murray Slatter\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Murray Slatter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/?p=5213#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/?p=5213\"},\"author\":{\"name\":\"Murray Slatter\",\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/#\\\/schema\\\/person\\\/9774d7f727e6b917f43267614574f6d5\"},\"headline\":\"What I Am Investing In and Why: NVIDIA (NVDA)\",\"datePublished\":\"2025-05-11T21:37:01+00:00\",\"dateModified\":\"2025-05-11T21:48:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/?p=5213\"},\"wordCount\":1163,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/?p=5213#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/murrayslatter.me\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/IMG_0970.webp?fit=1024%2C1024&ssl=1\",\"articleSection\":[\"Investing\"],\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/murrayslatter.me\\\/?p=5213#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/?p=5213\",\"url\":\"https:\\\/\\\/murrayslatter.me\\\/?p=5213\",\"name\":\"What I Am Investing In and Why: NVIDIA (NVDA) - Murray Slatter\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/?p=5213#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/?p=5213#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/murrayslatter.me\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/IMG_0970.webp?fit=1024%2C1024&ssl=1\",\"datePublished\":\"2025-05-11T21:37:01+00:00\",\"dateModified\":\"2025-05-11T21:48:06+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/#\\\/schema\\\/person\\\/9774d7f727e6b917f43267614574f6d5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/?p=5213#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/murrayslatter.me\\\/?p=5213\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/?p=5213#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/murrayslatter.me\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/IMG_0970.webp?fit=1024%2C1024&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/murrayslatter.me\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/IMG_0970.webp?fit=1024%2C1024&ssl=1\",\"width\":1024,\"height\":1024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/?p=5213#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/murrayslatter.me\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What I Am Investing In and Why: NVIDIA (NVDA)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/#website\",\"url\":\"https:\\\/\\\/murrayslatter.me\\\/\",\"name\":\"Murray Slatter\",\"description\":\"Empowering Good teams to be Great!\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/murrayslatter.me\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/murrayslatter.me\\\/#\\\/schema\\\/person\\\/9774d7f727e6b917f43267614574f6d5\",\"name\":\"Murray Slatter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8aa0f1751d211918ccc2037a8b3ce22431cec7bef7edf9c993cee70e20717c88?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8aa0f1751d211918ccc2037a8b3ce22431cec7bef7edf9c993cee70e20717c88?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8aa0f1751d211918ccc2037a8b3ce22431cec7bef7edf9c993cee70e20717c88?s=96&d=mm&r=g\",\"caption\":\"Murray Slatter\"},\"url\":\"https:\\\/\\\/murrayslatter.me\\\/?author=2\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What I Am Investing In and Why: NVIDIA (NVDA) - Murray Slatter","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/murrayslatter.me\/?p=5213","og_locale":"en_US","og_type":"article","og_title":"What I Am Investing In and Why: NVIDIA (NVDA) - Murray Slatter","og_description":"1. How I First Discovered NVIDIA My journey with NVIDIA began in 2016, right at the onset of the crypto mining boom. But unlike the crowd, I wasn\u2019t drawn in by the buzz around mining rigs. I had a far [&hellip;]","og_url":"https:\/\/murrayslatter.me\/?p=5213","og_site_name":"Murray Slatter","article_published_time":"2025-05-11T21:37:01+00:00","article_modified_time":"2025-05-11T21:48:06+00:00","og_image":[{"width":1024,"height":1024,"url":"https:\/\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/IMG_0970.webp","type":"image\/webp"}],"author":"Murray Slatter","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Murray Slatter","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/murrayslatter.me\/?p=5213#article","isPartOf":{"@id":"https:\/\/murrayslatter.me\/?p=5213"},"author":{"name":"Murray Slatter","@id":"https:\/\/murrayslatter.me\/#\/schema\/person\/9774d7f727e6b917f43267614574f6d5"},"headline":"What I Am Investing In and Why: NVIDIA (NVDA)","datePublished":"2025-05-11T21:37:01+00:00","dateModified":"2025-05-11T21:48:06+00:00","mainEntityOfPage":{"@id":"https:\/\/murrayslatter.me\/?p=5213"},"wordCount":1163,"commentCount":0,"image":{"@id":"https:\/\/murrayslatter.me\/?p=5213#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/IMG_0970.webp?fit=1024%2C1024&ssl=1","articleSection":["Investing"],"inLanguage":"en","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/murrayslatter.me\/?p=5213#respond"]}]},{"@type":"WebPage","@id":"https:\/\/murrayslatter.me\/?p=5213","url":"https:\/\/murrayslatter.me\/?p=5213","name":"What I Am Investing In and Why: NVIDIA (NVDA) - Murray Slatter","isPartOf":{"@id":"https:\/\/murrayslatter.me\/#website"},"primaryImageOfPage":{"@id":"https:\/\/murrayslatter.me\/?p=5213#primaryimage"},"image":{"@id":"https:\/\/murrayslatter.me\/?p=5213#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/IMG_0970.webp?fit=1024%2C1024&ssl=1","datePublished":"2025-05-11T21:37:01+00:00","dateModified":"2025-05-11T21:48:06+00:00","author":{"@id":"https:\/\/murrayslatter.me\/#\/schema\/person\/9774d7f727e6b917f43267614574f6d5"},"breadcrumb":{"@id":"https:\/\/murrayslatter.me\/?p=5213#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/murrayslatter.me\/?p=5213"]}]},{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/murrayslatter.me\/?p=5213#primaryimage","url":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/IMG_0970.webp?fit=1024%2C1024&ssl=1","contentUrl":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/IMG_0970.webp?fit=1024%2C1024&ssl=1","width":1024,"height":1024},{"@type":"BreadcrumbList","@id":"https:\/\/murrayslatter.me\/?p=5213#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/murrayslatter.me\/"},{"@type":"ListItem","position":2,"name":"What I Am Investing In and Why: NVIDIA (NVDA)"}]},{"@type":"WebSite","@id":"https:\/\/murrayslatter.me\/#website","url":"https:\/\/murrayslatter.me\/","name":"Murray Slatter","description":"Empowering Good teams to be Great!","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/murrayslatter.me\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en"},{"@type":"Person","@id":"https:\/\/murrayslatter.me\/#\/schema\/person\/9774d7f727e6b917f43267614574f6d5","name":"Murray Slatter","image":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/secure.gravatar.com\/avatar\/8aa0f1751d211918ccc2037a8b3ce22431cec7bef7edf9c993cee70e20717c88?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8aa0f1751d211918ccc2037a8b3ce22431cec7bef7edf9c993cee70e20717c88?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8aa0f1751d211918ccc2037a8b3ce22431cec7bef7edf9c993cee70e20717c88?s=96&d=mm&r=g","caption":"Murray Slatter"},"url":"https:\/\/murrayslatter.me\/?author=2"}]}},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/IMG_0970.webp?fit=1024%2C1024&ssl=1","jetpack-related-posts":[{"id":5918,"url":"https:\/\/murrayslatter.me\/?p=5918","url_meta":{"origin":5213,"position":0},"title":"What I Am Investing In and Why: RPMGlobal","author":"Murray Slatter","date":"August 31, 2025","format":false,"excerpt":"A Hidden Gem in Mining Software Some businesses take you by surprise\u2014not because you didn\u2019t see the need, but because it\u2019s hard to believe no one solved it properly until now. RPMGlobal is one of those businesses. Having spent over 15 years in the mining industry\u2014particularly on the production and\u2026","rel":"","context":"In &quot;Investing&quot;","block_context":{"text":"Investing","link":"https:\/\/murrayslatter.me\/?cat=11"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1803.jpeg?fit=768%2C384&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1803.jpeg?fit=768%2C384&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1803.jpeg?fit=768%2C384&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1803.jpeg?fit=768%2C384&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5912,"url":"https:\/\/murrayslatter.me\/?p=5912","url_meta":{"origin":5213,"position":1},"title":"What I Am Investing In and Why: DroneShield","author":"Murray Slatter","date":"August 31, 2025","format":false,"excerpt":"Betting Early on the Rise of Anti-Drone Defense I invested in DroneShield within three months of its IPO. At the time, it wasn\u2019t a company on many people\u2019s radar. But I\u2019d been paying attention to the convergence of three macro forces: The explosion of consumer and commercial drone usage The\u2026","rel":"","context":"In &quot;Investing&quot;","block_context":{"text":"Investing","link":"https:\/\/murrayslatter.me\/?cat=11"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1807.jpeg?fit=554%2C554&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1807.jpeg?fit=554%2C554&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1807.jpeg?fit=554%2C554&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5902,"url":"https:\/\/murrayslatter.me\/?p=5902","url_meta":{"origin":5213,"position":2},"title":"What I Am Investing In and Why: NextDC (ASX:NXT)","author":"Murray Slatter","date":"August 31, 2025","format":false,"excerpt":"Australia\u2019s Backbone for the Cloud Future I began building my position in NextDC in 2013, right as I was pivoting away from a deep 15-year career in mining technology. At that point, my investment philosophy was shifting toward industry diversification\u2014and my radar was sharply tuned to what I believed would\u2026","rel":"","context":"In &quot;Investing&quot;","block_context":{"text":"Investing","link":"https:\/\/murrayslatter.me\/?cat=11"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1810.webp?fit=900%2C680&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1810.webp?fit=900%2C680&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1810.webp?fit=900%2C680&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1810.webp?fit=900%2C680&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5905,"url":"https:\/\/murrayslatter.me\/?p=5905","url_meta":{"origin":5213,"position":3},"title":"What I Am Investing In and Why: Xero (XRO)","author":"Murray Slatter","date":"August 31, 2025","format":false,"excerpt":"A Front-Row Seat to the Shift from Desktop to Cloud I made my first investment in Xero in 2015, but my interest began well before that\u2014back in 2010, when I first came across the company as a challenger to MYOB. At the time, MYOB still dominated the Australian and New\u2026","rel":"","context":"In &quot;Investing&quot;","block_context":{"text":"Investing","link":"https:\/\/murrayslatter.me\/?cat=11"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1809.jpeg?fit=900%2C470&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1809.jpeg?fit=900%2C470&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1809.jpeg?fit=900%2C470&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/08\/IMG_1809.jpeg?fit=900%2C470&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5231,"url":"https:\/\/murrayslatter.me\/?p=5231","url_meta":{"origin":5213,"position":4},"title":"What I Am Investing In and Why: Arista Networks (ANET)","author":"Murray Slatter","date":"May 18, 2025","format":false,"excerpt":"1. How I Discovered Arista Networks I was first introduced to Arista Networks through an episode of a Motley Fool podcast, where they were breaking down an earnings call. The discussion sparked my curiosity\u2014particularly given my broader research at the time into companies powering next-generation digital infrastructure, including Fortinet and\u2026","rel":"","context":"In &quot;Investing&quot;","block_context":{"text":"Investing","link":"https:\/\/murrayslatter.me\/?cat=11"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/Arista-Networks.png?fit=543%2C306&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/Arista-Networks.png?fit=543%2C306&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/Arista-Networks.png?fit=543%2C306&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5227,"url":"https:\/\/murrayslatter.me\/?p=5227","url_meta":{"origin":5213,"position":5},"title":"What I Am Investing In and Why: Palantir Technologies (PLTR)","author":"Murray Slatter","date":"May 17, 2025","format":false,"excerpt":"1. How I Discovered Palantir I was first introduced to Palantir in 2021, shortly after the company went public. At the time, I already had a strong sense of the company\u2019s DNA\u2014having read Zero to One by Peter Thiel, Palantir\u2019s co-founder. I respected Thiel\u2019s thinking around contrarian innovation, defensibility, and\u2026","rel":"","context":"In &quot;Investing&quot;","block_context":{"text":"Investing","link":"https:\/\/murrayslatter.me\/?cat=11"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/Palantir.png?fit=1199%2C722&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/Palantir.png?fit=1199%2C722&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/Palantir.png?fit=1199%2C722&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/Palantir.png?fit=1199%2C722&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/murrayslatter.me\/wp-content\/uploads\/2025\/05\/Palantir.png?fit=1199%2C722&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/murrayslatter.me\/index.php?rest_route=\/wp\/v2\/posts\/5213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/murrayslatter.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/murrayslatter.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/murrayslatter.me\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/murrayslatter.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5213"}],"version-history":[{"count":3,"href":"https:\/\/murrayslatter.me\/index.php?rest_route=\/wp\/v2\/posts\/5213\/revisions"}],"predecessor-version":[{"id":5219,"href":"https:\/\/murrayslatter.me\/index.php?rest_route=\/wp\/v2\/posts\/5213\/revisions\/5219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/murrayslatter.me\/index.php?rest_route=\/wp\/v2\/media\/5214"}],"wp:attachment":[{"href":"https:\/\/murrayslatter.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/murrayslatter.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/murrayslatter.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}