英伟达GTC大会来袭 利好哪些细分方向？

Core Insights - The Nvidia GTC conference will be held from March 16 to 19, 2026, and is expected to reveal new GPU core parameters and showcase advancements in CPO switches, power architecture, and liquid cooling technologies [1][4]. Industry Trends - Nvidia has established a global CPO core supply chain covering core chips, optoelectronic devices, materials, and packaging manufacturing, with a focus on the next-generation AI chip roadmap and network architecture solutions at the GTC [4][6]. - The market trend is expected to continue emphasizing "speed + power," with recommendations to focus on industries related to PCB, CPO, storage, power, and cooling [4][5]. Investment Opportunities - Analysts suggest paying attention to CPO, LPU, AI liquid cooling, AI power, orthogonal backplane, and Feynman architecture at the GTC 2026 [5][6]. - The demand for computing power remains strong due to the continuous upgrade of large models and the rise of AI applications, indicating a positive outlook for AI core computing hardware [6][7]. - The introduction of the Vera Rubin platform and the next-generation Feynman architecture is anticipated, which may enhance liquid cooling system value and create opportunities for domestic suppliers entering overseas supply chains [6][7]. Company Developments - Nvidia is expected to expand its chip product matrix, potentially unveiling the Rubin Ultra chip and more details about its cabinet design, which could lead to innovations in data interconnectivity and power supply [7]. - The GTC 2026 is seen as a pivotal moment for Nvidia to transition the industry from merely purchasing GPUs to deploying AI factories, reinforcing confidence in the sustained growth of the AI industry [6][7].