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Posted by
Two Blokes May 7 -
Filed in
Stock
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3 views
Nvidia's profitability metrics are not only miles ahead of the sector median, but are also unrivaled compared to the "Magnificent 7" companies. Foxconn recently delivered a robust MoM and YoY revenue growth, which was mostly explained by the strong demand for their "Cloud and Networking Products" business. Nvidia's bullish outlook is strengthened by cloud giants' strong Q1 performance and their continued aggressive AI capital spending plans.