Nvidia(US:NVDA) 2 1 Shi Ji Jing Ji Bao Dao·2025-11-20 03:36Core Insights - The A-share CPO (Co-Packaged Optics) sector experienced a strong rally, with notable gains in stocks such as Tengjing Technology (688195.SH) rising over 10% and others like Zhongji Xuchuang (300308.SZ) and Shenghong Technology (300476.SZ) increasing by over 4% [1] - NVIDIA reported third-quarter revenue of $57 billion, a 22% quarter-over-quarter increase and a 62% year-over-year surge, significantly exceeding market expectations [1] - The data center segment emerged as NVIDIA's primary growth driver, generating $51.2 billion in revenue, a 66% year-over-year increase, surpassing analyst forecasts [1] Industry Signals - NVIDIA's CEO Jensen Huang indicated that the sales of the new Blackwell architecture chips have "broken records," with all cloud server-specific GPUs sold out, projecting revenues of $500 billion from Blackwell and Rubin through the end of next year [2] - According to Guosheng Securities, overseas cloud providers are increasing capital expenditures, leading to a robust demand in the optical module industry, which is experiencing simultaneous growth in both volume and price [2] - The retail price of 1.6T optical modules has significantly increased, while demand for 800G and below products remains strong, indicating a stabilization in pricing trends due to various supply and demand factors [2] Stock Performance - Notable stock performances in the CPO sector include: - Tengjing Technology (688195.SH): +10.41% to 162.76 - Zhongji Xuchuang (300308.SZ): +5.40% to 515.00 - Shenghong Technology (300476.SZ): +5.00% to 291.00 - New Yisheng (300502.SZ): +5.00% to 338.52 [3][4]