I added to my NVIDIA position following its compelling outlook shared at the Morgan Stanley TMT Conference 2026. The company continues to demonstrate hypergrowth, delivering $70B in revenue and $46B in net income, underpinned by surging AI demand. Management’s strategic focus on compute as the core revenue driver, alongside investments in OpenAI and Anthropic, reinforces its ecosystem dominance. Looking ahead, NVIDIA’s shift toward physical AI and emphasis on tokens per watt highlight both scalability and cost leadership. With expanding partnerships and relentless innovation, NVDA remains a high-conviction play on the next decade of AI transformation.