Nvidia Posts 73% Q1 Growth as Apollon Raises Stake and Faces Trainium Threat
Nvidia posted 73% year-over-year revenue growth in Q1 and trades at a more attractive valuation despite Apollon Wealth Management boosting its stake by 1.0% to 1.317 million shares. Amazon’s Trainium training chips deliver 30% better cost-performance than GPU-based alternatives, posing a credible threat to Nvidia’s data-center dominance.
1. Q1 Revenue Surge Fuels Valuation
Nvidia achieved 73% year-over-year revenue growth in its latest quarter, driven by robust demand for AI GPUs in data centers. This top-line strength has underpinned a premium valuation relative to peers and justified recent institutional buying.
2. Apollon Wealth Management Increases Stake
Apollon Wealth Management lifted its Nvidia position by 1.0%, acquiring an additional 12,446 shares to hold 1.317 million shares total. The move solidifies Nvidia as the firm’s largest equity investment and reflects confidence in its growth trajectory.
3. Amazon’s Trainium Chips Challenge Nvidia
Amazon’s custom Trainium training chips offer roughly 30% better cost-performance than GPU-based solutions, with future generations already sold out. Accelerated adoption of Trainium could redirect AI workloads away from Nvidia GPUs and pressure market share in the data-center segment.