Nvidia Tops Revenue Growth in Magnificent 7 📈

Key Takeaways

• With 114% revenue growth in the fiscal year ending on December 31, 2024, Nvidia outpaces other Magnificent Seven companies by a landslide based on their latest annual reportings.
• Amazon ranks in second, with 11% revenue growth—but the highest total revenues overall, at $638 billion, fueled by its online marketplace sales.
• Tesla saw the weakest revenue growth, as annual deliveries declined for the first time, particularly in China and Europe.

Nvidia Outshines the Rest

Today, Nvidia commands a significant moat in the semiconductor industry, with roughly 90% margins on its most sophisticated chips.

In its latest fiscal year, revenues surged by 114% to reach $131 billion.

While DeepSeek and other chip firms present growing competition, sales for the current quarter are projected to exceed analyst expectations, at $43 billion.