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Nvidia Surges on Blackwell AI Demand as Meta Scales Ad Revenue

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Wall Street expects Nvidia and Meta to lead Magnificent Seven performance.
  • Nvidia sees massive revenue growth driven by sold-out Blackwell demand and high margins.
  • Meanwhile, Meta maintains strong ad monetization via Advantage+ despite soaring capex and near-term free cash flow compression.
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NVDA price history

218.29 +19.87% over the displayed period

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