Nvidia nearing all-time highs as market is at all-time highs; fundamentals remain extremely strong with positive AI data points from customers showing unprecedented revenue growth.

Valuation is very reasonable; biggest hurdle is law of large numbers as business has become so big, but fundamentals strong and healthy AI ecosystem.

Nvidia is still supply constrained with revenue dependent on supply chain output; no demand problem.

Trees don't grow to the sky - company has outperformed over 1-10 year timeframes; healthy Nvidia is good for whole ecosystem, and other stocks won't work if Nvidia isn't working.