[mjn]

Besides growth, Nvidia also has much higher profit margins. In Q1 2024, Apple's margins were 42% gross, 26% net, versus Nvidia's 78% gross, 57% net. May or may not be sustainable, but for now Nvidia's basically printing money.

[shreezus]

Also Nvidia's capex is insanely low relative to the other big techs. They are literally printing money.