Greg Craig

Private investor. 2x reasonably sucessful entrepreneur.

[Greg Craig @Greg_Craig_US]

Where I would respectfully disagree is the analytical framework. Viewing Nvidia primarily as a semiconductor company may be the wrong lens.

Traditional semiconductor companies sell components into cyclical end markets. Nvidia is increasingly building the infrastructure for what Jensen Huang calls “intelligence factories”—facilities that convert electricity and capital into AI-generated intelligence, much as traditional factories convert raw materials into physical products.

More importantly, Nvidia has pushed this concept far beyond selling GPUs. The company increasingly delivers complete reference architectures for AI factories—integrating GPUs, networking, storage, software, cooling, power, rack design, and system architecture into turnkey data center blueprints that customers can deploy at scale.

In that model, the GPU is only one component of the product. Customers are buying an integrated intelligence platform built on CUDA, networking, software, systems engineering, inference optimization, and a massive developer ecosystem.

If intelligence factories become a permanent layer of global infrastructure, Nvidia’s economics may ultimately resemble the build-out of cloud computing more than the historical semiconductor cycle. If they don’t, then Nvidia will indeed prove highly cyclical.

To me, the central question isn’t whether semiconductors are cyclical—they are. It’s whether Nvidia should still be analyzed primarily as a semiconductor company at all. It is, or soon will be, like calling Apple a semi conductor company.

[Greg Craig @Greg_Craig_US]

@BianchiWeather Please demonstrate to the dying trees around @RideRTD Union Station and immediate neighborhood that downtown-LoDo Denver isn’t disproportionally missing out? #bottomogthebowl 🤷🏻‍♂️😉

[Greg Craig @Greg_Craig_US]

@firstadopter originally hailing from western NY that’s what I was thinking all day. NY…first to ban…same with marcellus shale energy….banned….same with pipelines to lower NYC energy costs….banned. But…Micron awesome if the bureaucracy ever lets them build.

[Greg Craig @Greg_Craig_US]

curious if their CAP includes a calculation of what millionth part of a degree of atmospheric warning their reaching their carbon goal will avoids? Also, how many days of operation of new coal plant builds in India and China will overwhelm it? Finally, does it include a cost benefit analysis? Will it all mattter if Boulder continues to decline into a cesspool of transient encampments? Not denying climate change, just looking for rational analysis.

[Greg Craig @Greg_Craig_US]

@firstadopter or providing generational chance for returns with those firm in a true thesis.

[Greg Craig @Greg_Craig_US]

@jackhealyNYT hey, a few more weeks please…we are redoing our building’s entire ground level waterproofing system in ttown 😉

[Greg Craig @Greg_Craig_US]

@edels0n as Munger said, slightly modified, “trading turds [on margin]”

[Greg Craig @Greg_Craig_US]

@markgurman suspect memory costs will ripple across the entire industry now that Apple has opened the gate

[Greg Craig @Greg_Craig_US]

@PodcastAlphaX @ProfGMarkets Just wait until Elon announces the Tesla Space Elevator 🧐���😬

[Greg Craig @Greg_Craig_US]

@KyleClark @BianchiWeather at Union Station was really hard to even tell if it was tornado sirens, wondered what was going on, no emergent alert but warbling, not very loud sirens that didn’t sound very urgent

[Greg Craig @Greg_Craig_US]

@markgurman About to enjoy mine on a pair of 12 hours flights and in between on trip. It’s a mind blowing product but takes some dedication to fully enjoy and get productivity.

[Greg Craig @Greg_Craig_US]

A thought on your interview on Invest Like the Best; while I agree that some foundations can stray from founder focus and intent and become mired in bureaucracy I also think some do good existing in perpetuity. Particularly those that focus on a balance between catalyzing innovative goals and take risks in philanthropy while also doing basic charity work. I’ve been a part of a now nearly 100 year old foundation doing just this. However, it takes a clear mission guided by a strong small board and excellent restrained financial management. This is not to negate the idea of founders (like Buffet) that spend down should occur relatively rapidly. Rather, there can be value in having a mix of rapid philanthropy and longer term philanthropy. I am also a bit suspicious of staff driven rapid spend down which sometimes seems to drive overhead rather than end goals.

[Greg Craig @Greg_Craig_US]

@TheBarCodeNews @eastdakota They may not have water rights, or this winter even enough water, to make as much snow as you’d want, at least in Colorado

[Greg Craig @Greg_Craig_US]

@patrick_oshag @Jesse_Livermore @johnarnold John, please buy Telluride Ski Area from Chuck 🙏🏻🙏🏻🙏🏻

[Greg Craig @Greg_Craig_US]

@SemiAnalysis_ As an early investor in Tezzaron who basically invented stacked memory (and failed along the way) this all gives me bad Déjà vu!

[Greg Craig @Greg_Craig_US]

@MarcoDeMeireles @bgurley ROC seems at best a $30 million valuation company. Three’ish customers, no discernible growth, poor peer comparisons. Huge equity/warrant/options overhang. Will be interested to watch.

[Greg Craig @Greg_Craig_US]

@biggestcatt @_ZachGriff Big win for us in Denver

[Greg Craig @Greg_Craig_US]

@mschoening ummm…you could simply connect to Apple Homekit and dave reinventing the wheel. it’s awesome.

[Greg Craig @Greg_Craig_US]

@BenBajarin I’d bet Apple’s hardware gross margins don’t change much over next two years; purchasing/planning/production, ASP pricing power if needed, customers moving to higher end products. This is tempest in a teapot.

[Greg Craig @Greg_Craig_US]

@buccocapital Absolutely 100% agree, use paid version. Invaluable. Can do extended advice dialog across multiple dimensions including life stages, spending decisions, weighing present versus future. Just amazing. I’ve always been self-direct, AI takes it to another dimension.