>> And so, you know, I basically said like start with Nvidia. How much does Nvidia spend to make the chips? And then how much do they sell the chips for? So for every dollar of COGS, every dollar that Nvidia spends, that turns into $4 of revenue for Nvidia, 75% margin. And then that gets sold to SpaceX. And then SpaceX turns around and they're making, you know, an 83% margin on that chip spend because they're kind of looking at a 5-year depreciation. So they spent 10 billion on Colossus one, 5year life, two
So for every dollar of COGS, every dollar that Nvidia spends, that turns into $4 of revenue for Nvidia, 75% margin.