Nvidia’s fiscal Q2 revenue grew 106% year over year to $96.2 billion; Apple’s latest-quarter revenue rose 16% to $109 billion. The Motley Fool writer says Nvidia’s faster growth and lower valuation make it the better stock pick.
The article links Nvidia’s growth to high demand and short supply of GPUs amid the AI build-out. Nvidia projects that supply-demand conditions will continue, contributing to a 70% revenue-growth forecast for next year; the writer says Nvidia is likely to exceed Apple’s quarterly revenue by 2027.
The article estimates Nvidia’s market value at about $5.4 trillion and Apple’s at just under $5 trillion. It says Nvidia trades at a lower price-to-earnings ratio, including against next year’s earnings estimates, while noting that Nvidia was not among the 10 stocks the Motley Fool’s Stock Advisor team identified as its best buys.
