Nvidia (NVDA 0.53%) isn't just leading the artificial intelligence (AI) infrastructure boom: It is the boom. Its graphics processing units (GPUs) have become the backbone of AI data centers, while its CUDA software has helped create a huge moat around its business.Over the past two years, data center revenue has exploded by more than 9x, going from $4.3 billion to $39.1 billion. For a company of Nvidia's size, that kind of growth is almost unheard of. That momentum has pushed Nvidia past the $4 trillion mar ...

事实上，过去三年来，英伟达（NVDA.US）几乎完全依赖于AI热潮，凭借芯片需求激增，年销售额增长超过10倍；英伟达的崛 起作为AI价值链上游的芯片供应商，未来三年预计仍将保持年均32%的增长。 据外媒新报道，微软（MSFT.US）自研AI芯片Braga因设计问题延期至2026年，将推出过渡产品Maia 280，效能或提升30%，以 应对外界压力。 放慢AI芯片开发节奏 据此前消息，微软原本打算在 2025 年量产 Braga AI 芯片，希望减少对英伟达昂贵 AI 芯片的依赖。该芯片的延误进一步导致后 续 Braga-R 和 Clea 芯片延误，如今微软担心这些产品在延误后"发布即落后"，难以与英伟达最新 AI 芯片竞争。 近年来，微软则通过与OpenAI的早期合作，将AI技术嵌入自身产品，微软的目标是赶上同行，并开发NVIDIA的替代方案。微 软高管认为，该芯片有望在性能功耗比（power efficiency）方面比英伟达同年产品高出 30%。 英伟达芯片霸主的博弈 微美全息开源AI生态与技术算法联动 据了解，微美全息（WIMI.US）正在寻求市场利用人工智能服务不断增长的需求，联合高校及科研机构成立微 ...

7月13日，上交所正式发布施行科创成长层指引，自当日起，科创板存量32家未盈利企业将进入科创成 长层，新注册的未盈利企业将自上市之日起进入。 市场分析人士指出，随着科创成长层制度的完善，以及第五套上市标准适用范围的扩大，预计会有越来 越多科技企业加入，科创板对科技创新领域的覆盖范围也将进一步扩大，市场将呈现更加多元的发展态 势，为优质科技企业发展提供更加广阔的市场空间。 放眼全球，英伟达或将推出"中国定制"AI芯片。有报道称，黄仁勋将于7月16日在北京举行媒体吹风 会。另外黄仁勋也会出席第三届中国国际供应链促进博览会，除推销英伟达的新产品外，也将重申对中 国市场的长期承诺。此前有消息称，英伟达最快将于9月推出专为中国市场定制的新版AI芯片。 美东时间7月12日，埃隆·马斯克旗下的SpaceX被媒体曝出，同意向xAI投资20亿美元，旨在助力其在人 工智能竞争中赶上对手，并计划探索人工智能技术在太空中的应用。 目前，科技大厂在AI领域的竞争愈发激烈，AI已成为资本市场对科技公司估值的重要因素。其中， Meta、谷歌等纷纷重金投资AI初创企业和核心人才，试图扩大各自在AI领域中的版图。 聚焦国内，第五届RISC-V ...

A c t i o n | 07 Jul 2025 03:00:00 ET │ 60 pages US Semiconductors 2Q25 Earnings Preview: Raising Estimates As Tariff Slowdown Ain't Happenin'. MCHP To Top Pick as We Expect Most Upside CITI'S TAKE We are raising estimates as our previous belief that tariffs would lead to a slowdown in the semiconductor sector doesn't appear to be happening. We are going back to our stance at the beginning of 2025 - a semiconductor upturn driven by solid demand and inventory replenishment with the most upside from analog co ...

Equity Research July 6, 2025 Asia Maxima - Tariff Mood Swings The Trump agenda remains fundamentally contradictory. Deregulation and the extension of tax cuts are bullish for equities. Tariffs and restrictions on immigration are bearish. Investors ended last quarter assuming that the American president has pivoted from his longstanding obsession with tariffs, reflected in "Liberation Day", to focusing on tax cuts. There remains a growing likelihood that America peaked as a percentage of world stock market c ...

据记者统计，2015年至今，英伟达股价累计涨幅达342倍。2023年至今，该股累计涨幅超过10倍。 【深圳商报讯】（记者钟国斌）上周，美股英伟达总市值站上4万亿美元，成为全球首家总市值突破4万 亿美元的公司，超越微软、苹果成为全球总市值最高的上市公司。 具体来看，7月9日，英伟达总市值一度突破4万亿美元，7月10日和11日，英伟达股价频创历史新高，收 盘总市值均超4万亿美元。截至7月11日收盘，英伟达股价报164.92美元/股，涨幅为0.50%，总市值4.024 万亿美元，再创历史新高。 今年以来，英伟达股价累计涨幅为22.83%。从今年4月7日低点计算，英伟达股价累计涨幅达91%。 英伟达总市值4.024万亿美元是什么概念？按人民币兑换美元折算，约合人民币28.85万亿元，相当于日 本去年GDP总量，超过英、法、德等国家的股票总市值。 回顾英伟达总市值登顶之旅，可谓是资本市场一个奇迹。两年前，英伟达总市值不到1万亿美元，随后 开启飙涨模式。从2万亿美元到3万亿美元，英伟达仅用时3个多月；从3万亿美元到4万亿美元，英伟达 也只用了13个月时间。 近期英伟达股价持续飙升，主要得益于其在AI领域的领先地位和颇为强 ...

Group 1 - Nvidia CEO Jensen Huang will hold a media briefing in Beijing, marking his second visit to China, emphasizing the importance of the Chinese market [1] - The U.S. government has imposed restrictions on the export of Nvidia's advanced chips to China since 2022, citing military application concerns [1][2] - Nvidia generated $17 billion in revenue from China in the fiscal year ended January 26, accounting for 13% of the company's total sales [4] Group 2 - Huang's visit is being closely monitored by U.S. lawmakers, who have urged him to avoid meetings with companies linked to military or intelligence in China [3] - Nvidia faces increased competition from Chinese companies like Huawei, but demand for Nvidia's chips remains strong due to its CUDA computing platform [6] - Nvidia's market value reached $4 trillion for the first time last week, reinforcing its position in the AI technology sector [6][7]

Nvidia (NASDAQ: NVDA) has made history by becoming the first company in the world to reach a market capitalization of $4 trillion, a figure that now represents a sizable share of global GDP.Specifically, data indicates that Nvidia’s market value accounts for 3.6% of global GDP when measured in U.S. dollars, according to Bloomberg Finance LP.Remarkably, the chipmaker’s valuation now exceeds the combined stock market values of several major European economies. The entire UK equity market accounts for just 3.2 ...

Core Insights - Nvidia holds a dominant position in the AI infrastructure market, particularly in the GPU sector, with over 90% market share due to its CUDA software platform [1] - Nvidia's market cap recently reached $4 trillion, but its growth may slow down due to the law of large numbers, making it possible for AMD and Broadcom to outperform Nvidia in the next five years [2] Nvidia - Nvidia's data center revenue was $39.1 billion last quarter, reflecting significant growth but also indicating challenges in maintaining such rapid expansion [6][14] - The company has seen its data center revenue increase more than ninefold in two years, suggesting that sustaining this growth rate may become increasingly difficult [14] Advanced Micro Devices (AMD) - AMD is experiencing strong revenue growth and is beginning to capitalize on AI opportunities, particularly in AI inference, although it remains a distant second to Nvidia in the GPU market [4] - AMD's GPUs are being utilized by major AI model companies for daily inference workloads, and its ROCm software platform is considered adequate for inference tasks [5] - AMD's data center revenue was $3.7 billion last quarter, indicating that even modest market share gains could lead to significant growth [6] - AMD is also a leader in data center CPUs, which are essential as AI workloads expand, increasing demand for high-performance CPUs [7] - The UALink Consortium, formed by AMD and others, aims to develop an open standard for AI interconnects, potentially challenging Nvidia's proprietary technologies [8][9] Broadcom - Broadcom is not directly competing with Nvidia in the GPU market but is focusing on AI networking and custom AI chip design [10] - The company's AI networking revenue surged 70% last quarter, driven by the increasing demands of large AI clusters [10] - Broadcom is designing custom AI chips for hyperscalers, with potential revenue opportunities estimated between $60 billion to $90 billion by fiscal 2027 [12] - The acquisition of VMware enhances Broadcom's position in AI cloud environments, providing strong upselling opportunities for its Cloud Foundation platform [13] Conclusion - While Nvidia remains a strong player in the AI market, AMD and Broadcom are well-positioned for growth due to their smaller revenue bases and potential market share gains in AI-related sectors [15]

英伟达：英伟达首席执行官黄仁勋将于7月16日在北京召开新闻发布会。 ...