Nvidia(US:NVDA) Yin He Zheng Quan·2025-03-27 05:14Market Overview - The STAR Market index fell by 3.49% last week, underperforming compared to the ChiNext and Shanghai-Shenzhen main boards[5] - The average daily trading volume decreased to approximately CNY 1,094.89 billion, down from CNY 1,286.15 billion the previous week[5] - As of March 21, 2025, there are 585 listed companies on the STAR Market with a total market capitalization of CNY 79,236.57 billion[5] Valuation Metrics - The overall PE (TTM) of the STAR Market is approximately 49.70, which is higher than other major boards[5] - The PE of the STAR 50 index is about 55.12, indicating a valuation premium over the overall STAR Market[5] - The electronic industry has the highest average PE at 88.54, while the household appliances sector has the lowest at 15.35[5] Sector Performance - The black metal industry saw the largest weekly gain of +13.34%, while the computer industry experienced the largest decline of -6.46%[5] - Notable individual stock performances include Yunlu Co. (+26.11%) and Gai Lun Electronics (+24.96%), while Xun Jie Xing saw a significant drop of -16.76%[5] NVIDIA's AI Developments - NVIDIA announced the next-generation AI chip Rubin and the AI supercomputer DGX Station at the GTC 2025 conference[5] - The Rubin chip will have a bandwidth of 75TB and a performance that is 3.3 times greater than the previous generation, set to launch in the second half of 2026[5] - The DGX Station will feature a GB300 super chip with an AI computing power of 20,000 TFLOPS, aimed at laboratory and enterprise use[5] Investment Trends - The STAR Market thematic funds underperformed compared to index funds, with the STAR 50 and STAR 100 indices declining by -3.72% and -4.41% respectively[5] - The overall trading activity in the STAR Market has decreased, with the average turnover rate at 12.83%, lower than other major boards[5] Risk Factors - Potential risks include slower-than-expected technological development, supply chain disruptions, and intensified industry competition[5]