傅里叶的猫·2025-11-17 13:04Group 1: Nvidia vs Google - Nvidia is expected to report its earnings soon, with market sentiment indicating that only results exceeding expectations will be considered normal, while meeting expectations would be viewed negatively [2] - Notable investors like Masayoshi Son and Peter Thiel have sold their entire holdings in Nvidia, which is relatively minor compared to Nvidia's market capitalization of 4.6 trillion [4] - Discussions around an AI bubble are increasing, with significant investments like the $1.4 trillion from Altman raising concerns about the sustainability of the AI industry's growth [5][6] - OpenAI's role is critical in the AI ecosystem, and any issues it faces could impact the entire sector's valuation, leading to the notion that "OpenAI is too big to fail" [9][10] - In contrast, there is growing confidence in Google, with data suggesting that Google is expected to dominate the AI model market by the end of 2025, holding an 86% market share compared to competitors [11][12] Group 2: Liquid Cooling Industry - The liquid cooling market is projected to be worth hundreds of billions, with key players like Invec and others making significant strides in North America [15] - Invec's 2026 data center and energy storage business is expected to generate substantial orders, with Nvidia and Google being major clients [16] - Companies like Shiquan New Materials and Kexin New Source are also expanding their operations in the liquid cooling sector, with plans to secure direct supply orders from major tech firms [18][19]