THE MOSAIC LEDGER

NVDA

OPEN :: structural shift :: tier HIGH

Registered claim

Through 2026-12-31, NVIDIA continues vertical capital deployment into optical and physical AI supply chain via warrants, prepayments, and equity stakes at >$10B aggregate beyond the $44B-class run rate observed 4/28-5/8 (LITE+COHR $4B, GLW $3.2B, IREN $2.1B, AVGO Apollo/Blackstone $35B). Each new deployment will accompany either a hyperscaler customer name or a new optical/InP/power constraint domain disclosure.

Registered 2026-05-10.

Resolution spec

Spec registered 2026-06-12.

Verdict rule: HIT if leg A and leg B. PARTIAL if leg A and not leg B. MISS if not leg A.

As frozen: HIT = A && B; PARTIAL = A && !B; MISS = !A

Tier history

Evaluated daily since registration: 88 evaluations. The 3 that moved the tier are listed above.