Nvidia Will overtake Apple
The demand for AI Chip is insatiable. Nvidia’s $NVDA revenue growth for the most recent quarter sits miles ahead of the rest of the Magnificent 7.
The next closest company is Meta $META, with 27% growth, followed by Microsoft $MSFT at 17%.
And not all companies in the Magnificent 7 fared well. Both Apple $AAPL and Tesla $TSLA saw negative revenue growth. This has translated into a weak start to the year for their stocks, with Apple up just 2%, and Tesla down -28%.
Meanwhile, Nvidia is now up 118% year to date, ahead of its expected revenue growth for the entire year of 98%, as per data from Finchat.
I believe Nvidia will reach a higher market cap than Apple pretty soon
The next closest company is Meta $META, with 27% growth, followed by Microsoft $MSFT at 17%.
And not all companies in the Magnificent 7 fared well. Both Apple $AAPL and Tesla $TSLA saw negative revenue growth. This has translated into a weak start to the year for their stocks, with Apple up just 2%, and Tesla down -28%.
Meanwhile, Nvidia is now up 118% year to date, ahead of its expected revenue growth for the entire year of 98%, as per data from Finchat.
I believe Nvidia will reach a higher market cap than Apple pretty soon
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
White_Shadow : there is no more mag 7. it's fantastic 4 now, but really there can only be one king, Bull King. $NVIDIA (NVDA.US)$ for sure King of Bulls. No other company in history has shown profit & growth on this scale. just saying...$Microsoft (MSFT.US)$ $Alphabet-A (GOOGL.US)$ $Alphabet-A (GOOGL.US)$ $Amazon (AMZN.US)$ $NVIDIA (NVDA.US)$ . with Blackwell set to be produced, shipped & used in 24 and J.H. confirming they will see a lot of revenue from Blackwell in 24, demand @ unprecedented levels there's no stopping this juggernaut of the modern industrial technological revolution, this company is the ultimate disruptor and will change the world/society as we know it.
RDK79 : Not if Apple comes up with another iPhone color LOL