Nvidia(US:NVDA) 证券时报·2025-07-15 15:03Group 1: Inflation Trends - The latest consumer price index (CPI) data shows a month-on-month increase of 0.3% and a year-on-year increase of 2.7%, marking the highest level since February [3] - Core CPI, excluding volatile food and energy prices, rose 0.2% month-on-month and 2.9% year-on-year, aligning with market expectations [3] - Housing prices increased by 0.2% month-on-month and 3.8% year-on-year, remaining the largest contributor to the overall CPI increase [5] Group 2: Federal Reserve's Response - The inflation data may lead Federal Reserve officials to maintain a cautious stance, especially regarding the impact of tariffs on prices [6] - The stock market showed mixed results following the inflation report, with the Dow Jones down 0.1%, while the S&P 500 and Nasdaq rose by 0.36% and 0.73% respectively [6] - The Federal Reserve is expected to hold rates steady at the July meeting and potentially lower rates by 25 basis points in September [6] Group 3: Nvidia's Market Performance - Nvidia's stock surged over 4%, with a market capitalization exceeding $4.1 trillion, following the approval of its H20 product for export to China [13] - The H20 product, designed for AI acceleration, is a response to previous export restrictions and aims to maintain Nvidia's supply capabilities in the Chinese market [13] - Nvidia also announced the upcoming release of the RTXPro graphics card, targeting professional applications in AI and digital twin technologies [14]