美国经济好坏，现在取决于英伟达！

Group 1 - Nvidia, with only 36,000 employees, is becoming a key force in determining the global macroeconomic direction for 2026 [1] - The Deutsche Bank report emphasizes that technology spending, particularly AI-related capital expenditures, is crucial for understanding the current resilience of the US economy [1][3] - Without the boost from technology-related spending, the US economy would likely be close to or already in a recession [1] Group 2 - The core driver of technology spending is the "massive AI capital expenditures," which are expected to continue as long as the potential profitability of AI is not fundamentally questioned [3] - This significant capital expenditure explains why weak employment data has not hindered economic growth and why global trade remains resilient despite generally weak global demand [3] - The report narrows its focus to Nvidia as a central player in this AI wave, suggesting that Nvidia may hold the key to the global macroeconomic landscape in 2026 [3]