Nvidia(US:NVDA) Xin Lang Cai Jing·2025-11-20 02:02Core Insights - Nvidia's Q3 earnings exceeded expectations, with revenue reaching $57.006 billion, a 62% year-over-year increase, and a net profit of $31.910 billion, reflecting a 65% growth [5] - The data center business was a significant growth driver, generating $51.2 billion in revenue, a 66% year-over-year increase, contributing nearly 90% of total revenue [5] - Baidu reported over 50% growth in AI business revenue for Q3, marking a significant step in the commercialization of its AI technology [6] ETF Performance - The Chip ETF Tianhong (159310) saw a strong performance, with a 1.56% increase in the index it tracks, and a notable inflow of 12.0698 million yuan over the last five trading days [1] - The Electronic ETF (159997) reached a new high of 838 million shares, with a net inflow of 1.5669 million yuan recently [2] Product Highlights - The Chip ETF Tianhong (159310) tracks the performance of the semiconductor industry, focusing on core assets in China's "chip" era [3] - The Electronic ETF (159997) covers the semiconductor and consumer electronics sectors, including AI chips, automotive electronics, and 5G [4] Institutional Views - According to Founder Securities, the storage industry is expected to see sustained upward momentum, driven by AI demand and accelerated domestic production [8]