计算机行业点评报告：英伟达（NVDA.O）：与英特尔合作并投资，巩固AI计算领域核心地位

Investment Rating - The report maintains a "Recommended" investment rating for the industry [1] Core Insights - The collaboration between NVIDIA and Intel aims to develop advanced data center and PC products, leveraging NVIDIA's NVLink technology to integrate AI and accelerated computing capabilities with Intel's leading CPU technology [5][6] - NVIDIA's investment of $5 billion in Intel at a price of $23.28 per share signifies a strong commitment to enhancing AI computing solutions [5][6] - The partnership is expected to create a more powerful computing ecosystem by combining GPU and CPU technologies, which will enhance the performance and utilization of AI computing resources [6][7] - The focus on AIPC (AI Personal Computing) business is crucial, as the integration of NVIDIA's RTX GPUs with Intel's x86 systems is anticipated to drive the development of powerful edge AI solutions [8] - NVIDIA's extensive investments in the AI computing ecosystem are aimed at solidifying its core position in the market and promoting the growth of AI technology [9] Summary by Sections Industry Performance - The computer industry has shown a performance of -2.7% over the last month, 17.9% over the last three months, and 78.5% over the last year, compared to the CSI 300 index which has performed at 2.2%, 15.3%, and 34.2% respectively [2] Investment Highlights - The collaboration between NVIDIA and Intel is expected to yield stronger AI computing solutions, enhancing the overall computing ecosystem [6] - The integration of Intel's x86 architecture with NVIDIA's AI capabilities is projected to provide significant advantages in high-performance computing [7] - The partnership is set to address the limitations of edge AI deployment by providing robust computing solutions [8] - NVIDIA's strategy includes broad investments to strengthen its position in the AI computing landscape [9] Company Focus and Earnings Forecast - NVIDIA's stock price is currently at $176.97, with earnings per share (EPS) estimates of $12.05 for 2024, $2.97 for 2025E, and $4.46 for 2026E [11]