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Nvidia (NASDAQ: NVDA) currently holds a 90% share of the GPU market and forecast Q2 revenue of $45 billion, a 50% year-over-year increase. The company’s revenue from data centers rose over ninefold in two years, bolstered by strong demand for AI products. Additionally, Nvidia’s automotive revenue increased 72% last quarter, projecting to reach $5 billion this year.
Meta Platforms (NASDAQ: META) reported a 10% increase in average ad prices and a 5% rise in ad impressions in Q1, driven by user engagement on Facebook and Instagram. The company’s Llama AI model significantly enhances user experience and advertising efficiency, which positions it well in the ad market. Meta’s new social media platform, Threads, gained over 350 million monthly users, further contributing to growth potential.
Netflix (NASDAQ: NFLX) is transitioning to a hybrid model that increases its ad revenue potential, recently launching a lower-priced ad-supported tier. The company expects its ad revenue to double this year and plans to expand its adtech platform to 10 additional markets. Despite early-stage risks in scaling its ad business, Netflix remains poised for long-term growth through both subscriptions and ads.
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