Nvidia(US:NVDA) Hua Er Jie Jian Wen·2025-11-19 23:21Market Overview - Technology stocks strengthened ahead of Nvidia's earnings report, leading the Nasdaq to outperform U.S. stock indices, while the S&P 500 ended a four-day decline [2] - Nvidia reported a 62% year-over-year revenue growth for the last quarter, with guidance exceeding expectations, and its stock rose 6% in after-hours trading [4][15] - The U.S. dollar and bond yields increased, with the 10-year Treasury yield rising by 2.5 basis points [2][10] Nvidia Insights - Nvidia's revenue accelerated by 62% year-over-year, with data center revenue growing by 66% year-over-year and 25% quarter-over-quarter [15] - The company is facing supply constraints and has shifted to using mobile-style memory for its chips, which may lead to a doubling of server memory prices next year [15] - Nvidia's new Blackwell chips are expected to generate $500 billion in revenue over the next few quarters, indicating strong demand for AI computing [15] Federal Reserve Insights - The Federal Reserve's meeting minutes revealed significant divisions among members regarding a potential rate cut in December, with many expressing concerns about market stability [16][22] - The delay in the release of the October non-farm payroll report has led to reduced expectations for a rate cut this year [17] Saudi-U.S. AI Partnership - Saudi Arabia and the U.S. signed a strategic partnership in artificial intelligence, with plans for advanced chip sales to Saudi AI companies [18][23] - Nvidia and AMD are expected to benefit from this partnership, with significant projects planned in the region [23] Cryptocurrency Market - Bitcoin experienced a significant drop, with the largest spot Bitcoin ETF seeing record redemptions, totaling nearly $2 billion in November [19] Asian Market Developments - A-shares saw fluctuations but ultimately closed higher, with lithium mining stocks surging as lithium carbonate futures surpassed 100,000 [3] Company Movements - Segment leader Duan Yongping significantly increased his holdings in Berkshire Hathaway while reducing his positions in Nvidia and other tech stocks [5] - Kuaishou reported a 14% year-over-year revenue increase and a 37% rise in net profit, with AI revenue exceeding 300 million [7] M&A Activity - China International Capital Corporation plans to merge with Dongxing Securities and Xinda Securities, indicating a trend of consolidation in the brokerage sector [6][20]