NVDA "Party Isn't Over Yet," Mag 7 Offers Long Runway

As noted by R. "Ray" Wang, Nvidia (NVDA) beat and raised for eight consecutive quarters, and he believes the company can do it again. He sees A.I. demand only accelerating, backed by six of the Mag 7 companies funneling $80 to $100 billion in capex for the coming year. Ray doesn't expect China to act as a headwind, pointing to Nvidia's massive A.I. ecosystem giving it a long growth runway.

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