What If on $NVDA 18–20× PE Fair value zone: $150–$175NVIDIA CorporationBATS:NVDAMerloClover-PugetPointCapitalWhat If on NVDA What if models like Bonsai with its Ternary architecture prove current LLMs are bloated and can be compressed almost like .WAV compressing down to .MP3. - Memory: 10-14× smaller - Energy per token: 4-6× better - Full data center power: 1.5-3× lower After usage growth: often only modest net reduction - Extreme powerwall forecasts get dialed back - Edge and ondevice inference become far more practical - Hyperscaler CapEx growth assumptions fall (Ass-U-Me) NVDA’s hyper-growth multiple compresses Current: ~$209 ~23.8× forward What If Outcome - Multiple → 18–20× - Fair value zone: $150–$175 Also, a puke zone at $80