NVIDIA continues to demonstrate unparalleled leadership and growth in the booming AI sector, its Q1 FY2026 report reveals a more nuanced picture. The company is at the forefront of a technological revolution, but it is increasingly exposed to geopolitical forces and the intricate dance between innovation and international trade policies. The H20 charge is a stark reminder that even a dominant market position does not insulate a company from macro-level risks and supply chain misalignments.