Investment Rating - The report assigns an "Overweight" rating for the electronic components industry, maintaining the same rating as previously [1]. Core Insights - Nvidia has unveiled a new product roadmap showcasing the entire Blackwell product line and previewing the Rubin next-generation platform expected in 2026, which is anticipated to drive explosive growth in AI applications from the supply side [1]. - The Blackwell GPU features 208 billion transistors, capable of connecting two of the largest chips produced by TSMC, with a data transfer rate of 10TB per second. The 2024 chip will utilize 8 HBM 3e (192GB) and pair with a 1.8TB/s NVLink 5 Switch [1]. - The Rubin GPU, set for release in 2026, will utilize 8 HBM4 memory and a new generation Vera CPU, with an NVLink 6 Switch offering 3.6TB/s ports. An upgraded Rubin Ultra GPU is expected in 2027 [1]. - Nvidia is also enhancing its product offerings in switches, liquid cooling, and copper connections to support AI applications [1]. - The report highlights the gradual rollout of AI terminals, with Nvidia accelerating the development of AI PCs and Physical AI applications, including autonomous vehicles and humanoid robots [1]. Summary by Related Categories Sub-Industry Ratings - The report lists several companies with "Overweight" ratings, including: - Haiguang Information (688041.SH) with a closing price of 71.11 and a 2024E EPS of 0.71 [3]. - Cambricon (688256.SH) with a closing price of 180.99 and a 2024E EPS of -1.55 [3]. - Longxin Technology (688486.SH) with a closing price of 56.28 and a 2024E EPS of 1.36 [3]. - Industrial Fulian (601138.SH) with a closing price of 23.87 and a 2024E EPS of 1.29 [3]. - Tongfu Microelectronics (002156.SZ) with a closing price of 23.50 and a 2024E EPS of 0.53 [3]. - Luxshare Precision (002475.SZ) with a closing price of 32.51 and a 2024E EPS of 1.91 [3]. - Pengding Holdings (002938.SZ) with a closing price of 30.19 and a 2024E EPS of 1.61 [3].
电子元器件行业事件快评：英伟达新产品路线发布，加速推进AI应用落地
Guotai Junan Securities·2024-06-04 23:31