Nvidia(US:NVDA) Shanghai Aijian Securities·2025-09-02 06:39Investment Rating - The report rates the electronic industry as "stronger than the market" [1] Core Viewpoints - The electronic industry index increased by 6.28% in the week of August 25-29, 2025, outperforming the CSI 300 index, which rose by 2.71% [3] - NVIDIA launched the Jetson AGX Thor supercomputer on August 26, 2025, aimed at providing computational support for next-generation robots in various sectors, including manufacturing and healthcare [6][30] - The report emphasizes the ongoing upgrade of AI technology from AIGC to embodied intelligence, predicting that the robotics sector will become a crucial hardware carrier for AI terminals [3][30] Summary by Sections 1. NVIDIA Jetson Series Development - The Jetson series has evolved significantly since the launch of the first model, TK1, in 2014, culminating in the recent release of the Jetson AGX Thor [7][10] - The Jetson AGX Thor features the new Blackwell GPU architecture, offering up to 2070 TFLOPS of AI computing power, which is a 7.5 times improvement over the previous Orin model [17][19] 2. Global Industry Dynamics - The Chinese government issued an opinion on August 26, 2025, to implement the "Artificial Intelligence +" initiative, focusing on integrating AI into various sectors and enhancing foundational capabilities [30][31] - NVIDIA reported a revenue of $46.743 billion for Q2 2026, a 56% year-on-year increase, with expectations of $54 billion in Q3 2026 [32][33] 3. Market Performance Overview - The SW electronic industry index ranked third among 31 sectors with a 6.28% increase, while the top three sub-sectors included printed circuit boards (+16.93%), digital chip design (+9.07%), and consumer electronic components (+8.67%) [40][44] - Notable stock performances included Dongtian Micro (+46.92%) and Longyang Electronics (+44.48%) [46]