For CEOs, cheerleading comes with the territory. But to read NVIDIA (NASDAQ:NVDA) Co-founder Jen-Hsun Huang's recent blog post announcing plans to build a sophisticated new headquarters is to believe his company has never been better positioned.

"We intend to extend our lead in visual computing and touch every pixel of the billions of displays that now surround us," Huang wrote. Hard to believe his company's stock is off more than 20% over the past year, isn't it?

And yet NVIDIA is committing what is an as-yet-unknown amount of capital to build its reptilian-looking new HQ at a moment of maximum vulnerability. The new Tegra 4i smartphone chip puts Huang in direct conflict with Qualcomm (NASDAQ:QCOM), which announced new versions of its high-performance smartphone chips at last month's Consumer Electronics Show.

With more than $3 billion in excess cash on its books, NVIDIA can afford to expand. But should it make the commitment while starting a fight with Qualcomm? Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova addresses this question and more in the video below. Please watch, and then leave a comment to let us know what you think.