Is Reddit Stock Poised for an Nvidia-Like Surge?
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BTCCSquare news:
Reddit (RDDT) shares have surged 62% in 2025, fueled by its emerging role as a key data source for AI training. The social media platform's revenue jumped 78% year-over-year to $500 million last quarter, with a staggering 90.8% gross margin. Management forecasts $535-$545 million in current-quarter sales, signaling sustained momentum.
Nvidia (NVDA), up 32% YTD and 678% over five years, sets a high bar. Yet Reddit's $49.5 billion valuation at 24x forward sales reflects investor belief in its AI data moat. The platform has become a top destination for large language model training—a demand unlikely to fade soon.
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