Nvidia's Own CFO Flags Margin Squeeze, Turning Investor Focus to Micron

Nvidia's chief financial officer told investors the company's gross margin will be lower over the next two quarters, attributing the pressure to the costs of building out AI infrastructure. Rather than reading this as bad news, commentary from The Motley Fool frames it as a "green light" for Micron, the memory-chip maker, arguing that rising input costs at Nvidia reflect stronger demand for the memory and storage components Micron supplies. The distinction matters for investors trying to separate winners within the AI supply chain. Nvidia's margin guidance suggests its own profitability is being squeezed even as unit demand for AI chips stays strong, while suppliers further down the chain may capture more of that spending. Separately, Tom Lee was cited saying Nvidia broke an unusual pattern on Wall Street, though the specifics of that pattern were not detailed in available reporting. What is unresolved is how much of Nvidia's margin compression is temporary supply-cost inflation versus a structural shift in how AI infrastructure spending gets divided among chipmakers.