Can NRIs invest in Shriram Finance FD?
In the intricate and highly specialized global semiconductor supply chain, Nvidia functions primarily as a fabless designer, meaning it conceptualizes and creates advanced artificial intelligence architectures and graphics processing units but outsources actual physical manufacturing entirely to foundry partners like Taiwan Semiconductor Manufacturing Company. While Nvidia does not purchase lithography equipment directly from ASML, its existence and operational success remain fundamentally dependent on ASML because ASML is the exclusive global manufacturer of extreme ultraviolet lithography machines. Without ASML's advanced machinery, foundries like TSMC would be entirely incapable of printing the microscopic, cutting-edge transistors required to build Nvidia's high-performance chips. Therefore, although Nvidia and ASML operate at different tiers of the technology ecosystem with distinct business models, Nvidia cannot realistically exist or scale in its current form without ASML enabling the foundational manufacturing infrastructure that brings its designs to physical reality.
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