> People said the same thing 2 years ago about NVIDIA, that their stock price didn't make any sense given their revenue, that is was an obvious bubble. Now their revenue is 10x higher, justifying the stock price from 2 years ago.
Your point is generally correct but revenue isn't 10x higher for the past 2 years, that would indicate they had about $260B in revenue this year instead of $130B.
NVIDIA annual revenue for 2025 was $130.497B, a 114.2% increase from 2024.
NVIDIA annual revenue for 2024 was $60.922B, a 125.85% increase from 2023.
NVIDIA annual revenue for 2023 was $26.974B, a 0.22% increase from 2022.
Your point is generally correct but revenue isn't 10x higher for the past 2 years, that would indicate they had about $260B in revenue this year instead of $130B.
NVIDIA annual revenue for 2025 was $130.497B, a 114.2% increase from 2024. NVIDIA annual revenue for 2024 was $60.922B, a 125.85% increase from 2023. NVIDIA annual revenue for 2023 was $26.974B, a 0.22% increase from 2022.