Nvidia vs 12 Iconic Companies
Nvidia vs 12 Iconic Companies Apple, Walmart, Coca-Cola, P&G, PepsiCo, Disney, McDonald's, Costco, GM, Nike, Starbucks and UPS earned $57.9B between them last quarter. Nvidia earned $59.7B on its own. The comparison is real but the margin isn't. Roughly $7.8B of Nvidia's profit came from revaluing its stakes in Intel and SpaceX - paper gains on investments, not chips sold. Strip that out and operating profit lands near $54B, slightly behind the twelve combined. Which doesn't make the number less remarkable. Nvidia did $96.2B in revenue at a 75% gross margin, up 106% year over year, and guid…
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