I think about it the other way. Businesses with high $/revenue per employee, high margin, etc. tend to be fundamentally better managed and more robust.
I'm not claiming that applies to Nvidia either way specifically, but it's a good sign in the generic:
1. They're efficient.
2. They've avoided the curse of overhiring (hi, Google!)
3. They can stay afloat even if business drops a lot.
I'm not claiming that applies to Nvidia either way specifically, but it's a good sign in the generic:
1. They're efficient.
2. They've avoided the curse of overhiring (hi, Google!)
3. They can stay afloat even if business drops a lot.