【黄仁勋现身上海陆家嘴街道菜市场，将参加英伟达上海年会】今日下午，AI（人工智能）芯片龙头英伟达CEO黄仁勋现身上海陆家嘴街道乳山 路锦德菜市场，晚上将参加英伟达上海年会。（澎湃） ...

【太平洋科技快讯】据悉，英伟达创始人兼 CEO 黄仁勋近日再度来华，首站到访公司位于上海的新办 公室。 黄仁勋与员工进行了交流，回顾了公司 2025 年的主要事件，并回答了员工提问。据知情人士透露，问 题主要聚焦 2026 年重点芯片话题，并没有提及 H200。 值得一提的是，黄仁勋去年也来华参加年会，并给员工发放多个万元红包，还身着"大花背心"与员工们 一起扭秧歌。 ...

中经记者 吴清 北京报道 2026年1月24日，英伟达创始人兼CEO黄仁勋悄然现身上海办公室，2026年新年首度来华。 《中国经营报》多方获悉，这是他连续多年在春节前开启的中国行，行程包括上海、北京、深圳三站， 内容主要包括与员工座谈、出席供应商答谢会和分公司年会。值得关注的是，相比往年的高调亮相，今 年黄仁勋行程颇为低调，且在此次内部交流中，对当前最敏感的H200芯片话题选择了刻意回避。 这种"静默"恰如一面镜子，映照出英伟达在全球AI算力格局重塑与中美科技博弈深化背景下的复杂处 境。多位业内人士在接受记者采访时表示，这一边是美国政府刚为H200对华销售"开了一道口子"，另 一边是中国市场传出可能对其使用设限。英伟达这家独占全球AI芯片市场90%份额的巨头，正行走于一 根钢丝之上，试图在夹缝中维系其全球生态优势。 科技观察人士王如晨表示，跟过去几年尤其2025年大秀特秀不一样，这次全程未对媒体开放，官方也没 发布任何通稿。 业内人士多认为，这次访问的背景也早已不再是单纯的庆祝。2026年1月初，美国商务部在持续的压力 下，有条件批准了英伟达向中国销售其最新一代AI芯片H200。但几乎同时，有市场消息传出，中 ...

Industry Overview - Robotaxis are poised to revolutionize the transportation industry, comparable to the impact of the automobile since its invention [1] - Grand View Research projects robotaxi sales to grow at an annual rate of 74% through 2030, with the ride-sharing market valued at $918 billion by 2033 [2] - Morgan Stanley estimates that autonomous vehicle sales will exceed $3 trillion by 2040 [2] Company Analysis Nvidia - Nvidia is a leader in autonomous driving technology, providing an end-to-end platform that includes hardware and software for self-driving cars [5][6] - The company’s Hyperion platform integrates hardware, software, and sensors necessary for autonomous driving, and collaborates with Uber to assist OEMs in building autonomous vehicles [7] - Wall Street forecasts Nvidia's earnings to grow at 38% annually over the next three years, making its current valuation of 45 times earnings reasonable [8] Uber Technologies - Uber operates the largest ride-sharing platform globally, making it a strategic partner for autonomous vehicle companies [10] - The company collaborates with over 20 AV partners and is already linking users with robotaxis in multiple cities [10] - Morgan Stanley predicts Uber will capture 22% of autonomous ride-sharing trips in the U.S. by 2032, with earnings expected to grow at 28% annually, resulting in a current valuation of 11 times earnings [11] Tesla - Tesla's full self-driving platform relies solely on computer vision, making it less costly and more scalable compared to competitors that use multiple sensor types [12][13] - The company plans to leverage its existing fleet of nearly 8 million cars to crowdsource robotaxis, allowing owners to earn income through the autonomous ride-sharing platform [14] - Morgan Stanley estimates Tesla will account for 25% of autonomous ride-sharing trips in the U.S. by 2032, although its valuation is complicated by struggles in its electric car business [15][16] Alphabet (Waymo) - Alphabet's Waymo leads the autonomous ride-sharing market with commercial services in five U.S. cities and is testing in numerous others [17] - Wall Street anticipates Alphabet's earnings to grow at 15% annually over the next three years, with a current valuation of 32 times earnings [18] - Morgan Stanley expects Waymo to maintain its market leadership, accounting for 34% of autonomous ride-sharing trips in the U.S. by 2032 [19]

Core Viewpoint - Nvidia is poised for significant growth as Chinese regulators may approve the sale of its H200 AI chips, which could unlock a lucrative market previously restricted due to export limitations [2][3][5]. Group 1: Market Dynamics - Nvidia has been a key player in the AI revolution, with its GPUs being the preferred choice for AI applications [2]. - The company faced challenges due to restrictions on sales to China, one of its largest markets, impacting its overall performance [2]. - Recent reports indicate that Chinese tech giants like Alibaba, Tencent, and ByteDance are being instructed to submit orders for Nvidia's H200 chips, suggesting a potential easing of restrictions [3][5]. Group 2: Financial Implications - In 2024, sales of lower-quality AI chips to Chinese customers reached $17.1 billion, despite the absence of sales from Nvidia's advanced chips [6]. - CEO Jensen Huang noted that demand for H200 chips in China is "very high," with potential sales exceeding $50 billion annually if imports are approved [7]. - Nvidia has reportedly received orders for 2 million H200 chips at $27,000 each, which could generate $54 billion in revenue, subject to a 25% export levy, resulting in $40 billion in incremental revenue [7][8]. Group 3: Future Projections - Nvidia has not factored in sales to China in its forecasts, which could significantly enhance its outlook [10]. - The company has an AI chip sales backlog of $500 billion for the next six quarters, with expectations for this figure to grow [10]. - Analysts project Nvidia's revenue for fiscal 2027 to be $320 billion, with the potential for earnings per share (EPS) to reach $8.29, suggesting a possible share price increase to $385, representing a 105% gain from current levels [10].

券中社 × 券商中国 券 中 社 扫码下载券中社APP 扫码关注券商中国公众号 quanshangcn qzs.stcn.com 舞中 券中社APP 券 商 中 国 是 证 券 市 场 权 威 媒 体 《 证 券 时 报 》 旗 下 新 媒 体 , 券 商 中 国 对 该 平 台 所 刊 载 的 原 创 内 容 享 有 著 作 权 , 据参考消息援引联合早报报道，美国英伟达创始人黄仁勋再度前往中国，首站到访英伟达位于上海的新办公 室。这是黄仁勋2026年首度赴华。 据媒体引述多位知情人士报道，黄仁勋前往英伟达的上海新办公室，与员工见面并回答了诸多员工关注的问 题，同时回顾公司2025年主要事件。消息人士称，黄仁勋此次赴华行程与2025年初基本一致，主要参加上海、 北京和深圳分公司的新年晚会以及供应商答谢会。 据报道，中国大陆作为英伟达最重要的市场之一，黄仁勋每年春节都会例行拜访。彭博社曾引述要求不具名的 知情人士报道，黄仁勋将在农历新年假期前到中国参加公司活动，预计他也将前往北京。 来源：参考消息 责编：王璐璐 校对：廖胜超 百万用户都在看 证监会1号罚单！余韩，被罚没超10亿！ 跨界并购！牛股尾盘，封死涨停 ...

Core Insights - Nvidia and Tesla are positioned to deliver significant returns for shareholders due to their involvement in the AI revolution [1][2] - Experts predict that the combined market value of Nvidia and Tesla could reach at least $20 trillion in the future [2] Nvidia - Nvidia's GPUs are the industry standard for AI infrastructure, accounting for approximately 85% of AI accelerator sales in 2025, with expectations of maintaining this dominance [4][5] - The company employs a "full-stack" approach to accelerated computing, integrating hardware and software to provide the lowest total cost of ownership for customers [4][5] - Nvidia's data center GPU sales are projected to grow at an annual rate of 36% through 2033, with adjusted earnings expected to increase at 38% annually over the next three years [6][7] - Analyst Beth Kindig predicts Nvidia could reach a market value of $20 trillion by 2030, implying a potential upside of about 340% from its current market value of $4.5 trillion [8] Tesla - Tesla's current market value is $1.5 trillion, with CEO Elon Musk suggesting it could reach $25 trillion, indicating a potential upside of approximately 1,560% [8][10] - Despite losing its status as the global leader in electric vehicle sales, Tesla's investment thesis now focuses on physical AI, including autonomous vehicles and humanoid robots [10][12] - Tesla's full self-driving (FSD) software is set to expand into new markets, with plans for monetization through subscriptions and autonomous ride-sharing services [11] - The robotaxi market is expected to grow at 99% annually through 2033, while humanoid robot sales are projected to increase at 54% annually through 2035 [13] - Musk claims Tesla's expertise in physical AI is unmatched, but the stock's valuation remains challenging due to struggles in the core electric car business and execution risks in new AI ventures [14][15]

华尔街顶级投资机构KeyBanc Capital Markets近日发布研报称，全球半导体行业有望迎来需 求更加强劲的一年， 并且特别指出在全球范围AI算力基础设施建设浪潮如火如荼以及"存储芯片 超级周期"宏观背景之下，半导体设备厂商们也将迎来超级周期，它们将是AI芯片(涵盖AI GPU/AI ASIC)与DRAM/NAND存储芯片产能急剧扩张趋势的最大规模受益者。 另一华尔街巨头花旗集团近期发布的一份研报同样显示， 半导体设备板块乃AI算力与存储需求爆 表之下的最大赢家之一，花旗在这份研报中预测，全球半导体设备板块将迎来"Phase 2 牛市上 行周期"，也就是说继2024-25年的超级牛市之后有望迎来新一轮牛市轨迹 。花旗发布的这份研 报显示，2026年的芯片股主线投资策略绝对不是"泛泛看多半导体"， 而是明确落在半导体设备 龙头领域(即WFE相关)——即阿斯麦、泛林集团以及应用材料。 花旗分析师团队表示，"Phase 2 上行周期"意味着估值锚从"估值触底修复"转向"盈利持续上 修"：当WFE总盘子从基准情景往牛市情景偏移时，半导体设备领域龙头公司盈利弹性甚至有可 能大于营收弹性(规模效应+产能利用率提 ...

Core Insights - The data center boom is significantly driven by advancements in artificial intelligence (AI), particularly generative AI, which has led to increased productivity and streamlined workflows [1] - J.P. Morgan analysts estimate that capital expenditures for AI data center demand will exceed $1.4 trillion annually by 2030 [2] - Nvidia is identified as the leading stock to capitalize on the AI data center trend, with a dominant market position in GPUs [2][10] Company Position - Nvidia's GPUs are recognized as the gold standard for AI processing, holding a 92% market share in the data center GPU market as of 2024 [4] - The company maintains a strong technological advantage through a relentless development cycle, releasing new processors annually [5] - Current-generation Blackwell chips are reported to be 25 times more energy-efficient than previous models, with the upcoming Vera Rubin chip expected to reduce processing costs by 90% while using 75% fewer GPUs [6] Financial Performance - Nvidia has a backlog of $500 billion for its Blackwell and Rubin chips through fiscal 2027, with $150 billion of those orders already shipped by the end of fiscal Q3 2026 [8] - The company's CFO indicated that the initial backlog projection was conservative, suggesting increasing demand for Nvidia's products [8] - It is estimated that 39% of every dollar spent on data centers is allocated to GPUs, with Nvidia controlling over 90% of this market [9] Investment Opportunity - Nvidia is currently valued at 24 times next year's expected sales, presenting a compelling investment opportunity amidst the growing demand for AI data centers [9]

据新加坡《联合早报》，美国英伟达创始人黄仁勋再度前往中国，首站到访英伟达位于上海的新办公 室。这是黄仁勋2026年首度赴华。据媒体引述多位知情人士报道，黄仁勋前往英伟达的上海新办公室， 与员工见面并回答了诸多员工关注的问题，同时回顾公司2025年主要事件。消息人士称，黄仁勋此次赴 华行程与2025年初基本一致，主要参加上海、北京和深圳分公司的新年晚会以及供应商答谢会。彭博社 曾引述要求不具名的知情人士报道，黄仁勋将在农历新年假期前到中国参加公司活动，预计他也将前往 北京。 财经频道更多独家策划、专家专栏，免费查阅>> 责任编辑：山上 ...