Nvidia(US:NVDA) 天天基金网·2025-11-20 01:04Core Viewpoint - The article discusses the recent performance of the U.S. stock market, particularly focusing on the Federal Reserve's interest rate decisions and Nvidia's quarterly earnings report, highlighting potential investment opportunities in the tech sector and the implications of monetary policy changes [4][5][18]. Group 1: U.S. Stock Market Performance - The three major U.S. stock indices closed higher, with the Dow Jones up 0.1%, S&P 500 up 0.38%, and Nasdaq up 0.59% [6][7]. - Large tech stocks showed mixed results, with the Nasdaq's seven major tech stocks index rising by 0.87%. Nvidia increased by 2.85%, while Microsoft and Meta saw declines of 1.36% and 1.23%, respectively [8][9]. Group 2: Nvidia's Earnings Report - Nvidia's quarterly earnings exceeded expectations, reporting revenue of $57 billion for Q3 of fiscal year 2026, up from $35.08 billion in the same period last year, marking a 62% year-over-year increase [14][15]. - The data center revenue reached $51.2 billion, surpassing market expectations of $48.62 billion, and grew by 66% compared to the previous year [14]. - Nvidia's CEO highlighted strong sales of the Blackwell chip and noted that all cloud GPU units were sold out, indicating robust demand in the AI sector [17]. Group 3: Federal Reserve's Interest Rate Outlook - The Federal Reserve's meeting minutes revealed a significant reduction in the probability of a rate cut in December to 30%, down from 50.1% prior to the release [5][22]. - Many officials expressed that there is insufficient reason for a rate cut, with a majority believing that further cuts may still be necessary after the December meeting [18][19]. - The delay in key economic data due to government shutdowns has contributed to uncertainty among policymakers regarding labor market and inflation trends [22].