Buy CLS by Mar 22, 2026.

I keep seeing this debate framed like it’s VHS vs Betamax all over again. The TPU vs GPU debate matters if you’re trying to predict which chip company captures the most economics. It matters a lot less if you’re positioned in the infrastructure layer that grows either way. That’s the whole point of a picks-and-shovels bet. You don’t need to know which miner finds gold. You just need miners to keep digging. Nvidia’s GPUs on one side. Google’s TPUs on …