SIASUN(SZ:300024) Ge Long Hui·2025-06-26 00:59Core Viewpoint - Nvidia's stock surged by 4.33% to a record high of $154.31 per share, reaching a market capitalization of approximately $3.77 trillion, making it the highest-valued company globally [1] Group 1: Financial Performance - Over the past three years, the demand for GPUs has significantly increased due to the rapid development of AI technology, leading to Nvidia's sales soaring to $130.5 billion in the last fiscal year, compared to about $27 billion in fiscal year 2023 [4] - Analysts project Nvidia's sales to approach $200 billion this year, representing a 53% year-over-year growth [5] - Nvidia anticipates a loss of $8 billion in sales due to new regulations from the U.S. government, which also led to a $4.5 billion inventory write-down [6] Group 2: Market Dynamics - Nvidia's CEO, Jensen Huang, stated that the Chinese market, valued at $50 billion, is effectively closed to U.S. industries, yet investor confidence in Nvidia's AI leadership remains strong despite export controls [7] - Following the stock price increase, Wall Street analysts have become increasingly bullish on Nvidia, with Loop Capital raising its target price from $175 to $250, citing a new wave of demand in AI applications [9] - Barclays analysts also raised Nvidia's target price to $200, suggesting a potential market cap of $4.9 trillion, indicating a 38% upside from the current stock price [9] Group 3: Growth Opportunities - Huang highlighted that besides AI, robotics represents Nvidia's largest potential growth market, with autonomous vehicles being the first major commercial application [11] - Nvidia's robotics and automotive divisions reported quarterly sales of $567 million, a 72% increase year-over-year, accounting for 1% of total revenue [12] - The company aims to power billions of robots and millions of autonomous vehicles, emphasizing the need for its AI chips in training software and in applications for self-driving cars and robots [13]