Nvidia(US:NVDA) Di Yi Cai Jing·2025-06-12 15:20Core Concept - Nvidia is introducing a new concept of "two factories" in the AI era, where one factory is for product manufacturing and the other for creating the intelligence that drives these products [1][2] Group 1: Nvidia's AI Factory Initiative - Nvidia plans to build the world's first industrial AI cloud facility, named "AI Factory," in Germany, equipped with 10,000 Blackwell GPUs [1][4] - The AI Factory aims to transform traditional data centers into facilities that generate intelligence and create value, producing "intelligent tokens" similar to how power plants generate electricity [2][4] - The scale of the GPU configuration is unprecedented, with no equivalent AI factory in China currently available, indicating a significant leap in industrial simulation capabilities [5][6] Group 2: Industry Implications and Reactions - The initiative is seen as a potential game-changer for traditional manufacturing, moving from experience-intensive to data-intensive processes [6][7] - There is skepticism regarding whether the future of smart factories should be constrained by computing power, with suggestions for Chinese manufacturers to explore paths that reduce computing demands [1][11] - The German government's commitment to AI funding, increasing from €3 billion to €5 billion by 2025, signals strong support for AI-driven manufacturing [8] Group 3: Competitive Landscape and Challenges - While Nvidia is establishing a stronghold in Europe, Chinese companies like Huawei and Alibaba Cloud are also developing their own AI cloud capabilities, albeit with a focus on domestic needs [10] - Analysts caution against simply replicating Nvidia's model in China, advocating for a localized approach that emphasizes ecosystem development and scene-specific applications [10][11] - The challenge for Nvidia in implementing its industrial AI cloud platform includes significant software development and the need for continuous upgrades, which may impact the return on investment [11]