格隆汇2月25日丨美国股市周三上涨，因标普500指数中权重最高的股票英伟达在盘后财报公布前走高。 标普500指数11个板块中有5个板块上涨，科技、通信和金融类股领涨。Miller Tabak首席市场策略师马 修·马利表示，美国股市的下一个引人注目的走势将由今晚英伟达的财报/指引决定。它仍然是股市中最 重要的"领军者"中最关键的股票。 ...

Welcome back to opening bell. I'm Nicole Pedaly. So glad you're with us.Right now we're seeing some up arrows. The Dow's up 219 points. So it's been a pretty nice run.The Dow's up 10 months in a row. You'll take that. Not the NASDAQ though.It's having a tough month. Stephen Whiting's with us, co-founder and CIO at CIO Group. I'm glad you're with us.And I specifically sort of did that story about the Dow versus the NASDAQ because the NASDAQ in fact is having the worst month since last March. Um what's going ...

当地时间2月24日美股开盘前，Meta和AMD双双在官网宣布了一项为期五年的战略合作伙伴关系，Meta将部署6GW（每吉瓦容量交易金额约达数百亿美 元）的AMD GPU，作为交换，AMD将提供最多1.6亿股（约10%股权）的基于业绩的认股权证。分析人士认为，这份战略合作背后，既表明Meta在AI领域 持续扩张的强烈诉求，也成为AMD与行业龙头英伟达展开正面抗衡的重要一步。 10%股权换1000亿订单 根据协议，Meta将从2026年下半年起，在五年内采购AMD专为AI模型设计的芯片及服务器设备。AMD首席执行官苏姿丰透露，每吉瓦容量的交易金额将 达"数百亿美元"级别。这意味着，协议的总金额将超过600亿美元，有可能达到上千亿美元。 作为协议的一部分，AMD正在设计一款专门为Meta工作负载量身定制的半定制MI450 GPU。AMD预计初始出货将于2026年下半年开始，产品将采用基于 MI450架构的定制Instinct GPU以及代号为"Venice"的第六代EPYC CPU，运行ROCm软件，并基于Helios机架级平台构建。 苏姿丰表示，Meta早已深度参与AMD芯片设计，未来还将获得定制版的MI450加 ...

Let's stick with that. The next test on deck with a video earnings after the closing bell. Jay Goldberg of Seaport Global remained the sole sell on the stock writing.We think in video will meet expectations. It is hard to see them delivering much upside. Jay joins us now for more.Jay, welcome to the show. Still the big bear based on the recommendation. Let's get into it.What's going to camp the upside from here. I think they're limited on capacity. Right.We know that the industry is constrained across semic ...

Core Insights - Nvidia's Vera Rubin system is generating significant interest in the AI sector due to its potential to address major bottlenecks in AI infrastructure [1][4] - The new system promises to be ten times more efficient in performance per watt compared to the previous Blackwell system [2] - Vera Rubin is currently in volume production and is expected to ship later this year, despite facing supply chain challenges [4][5] Group 1: System Specifications and Performance - Vera Rubin features 1,152 GPUs across 16 racks, utilizing approximately 100,000 more components than Grace Blackwell [12] - The system is designed to deliver about 50 petaflops of AI performance, which is approximately 2.5 times the performance of its predecessor [13] - Each rack consumes roughly 220 kW of power, which is double that of the Blackwell system [21] Group 2: Supply Chain and Production - The Vera Rubin system comprises 1.3 million components sourced from over 80 suppliers across more than 20 countries [3] - Nvidia is collaborating with various manufacturers, including TSMC for silicon and Foxconn for assembly [9][30] - The company is committed to reshoring and plans to manufacture up to $500 billion of AI infrastructure in the U.S. by 2029 [30] Group 3: Cooling and Efficiency - Vera Rubin is Nvidia's first fully liquid-cooled system, which is expected to reduce water consumption compared to traditional cooling methods [19][21] - The system's design allows for quicker assembly and disassembly, improving maintenance efficiency [26] - The NVLink technology enhances memory access and processing speed, doubling the line rate from 1.8 TB per second to 3.6 TB per second [22] Group 4: Market Position and Competition - Nvidia's stock has increased over 100% since the announcement of the Blackwell system, indicating strong market demand [6] - The company anticipates competition from AMD's upcoming Helios system, which may drive further demand for AI infrastructure [32] - Despite competitors developing their own AI chips, major clients continue to rely on Nvidia's technology, highlighting its strong market position [35]

Core Insights - Nvidia is anticipated to report earnings, maintaining its status as a pivotal player in the technology sector [1] Company Overview - Nvidia has been closely monitored over the past three years, indicating its significant influence and performance in the market [4]

Nvidia Corp. (NASDAQ:NVDA) reports fiscal Q4 earnings after the bell today. The company has topped revenue estimates for 13 consecutive quarters and earnings estimates for 12 straight quarters.What Prediction Markets Are SayingThis explains why Polymarket gives a 93% chance the company beats the EPS consensus.The more interesting action is on Kalshi, where traders are betting real money on which specific words Jensen Huang and his team will say on the 5 p.m. ET call. The word list reads like a cheat sheet f ...

Hey, Kevin Hanks, pre-bell playbook joining us. Of course, everybody's getting ready for Nvidia. Since last week, we've been speaking about this.This can really determine things one way or another. The capex spending, um, how much people believe in AI and so on. What are you watching.>> Good morning, Nicole. You know, you can make the case that everything we worried about in terms of capex spending from Microsoft, Google Alphabet, Amazon, Meta Platforms, all that capex spending, where's it all going to end ...

来源：环球市场播报 软件板块延续前一日涨势，iShares拓展技术与软件板块ETF（IGV）上涨约2%。该基金周三盘前微涨。 Palantir Technologies和微软等个股走高。但Workday因发布疲软营收预测大跌9%。 周二主要股指普遍上涨，因市场对人工智能颠覆多个行业的担忧有所缓解。 北京时间2月25日晚，美股周三高开。受英伟达和甲骨文股价上涨支撑，主要股指延续了前一交易日的 涨势。市场关注英伟达、赛富时及Snowflake等公司即将公布的财报。 英伟达、赛富时和Snowflake等将于周三收盘后公布业绩。当前投资者正在重新评估高企的科技股估 值，并对超大规模企业高额的人工智能资本支出产生疑虑。 英伟达近月表现逊于芯片行业的同类企业，这一趋势与纳斯达克100指数自去年10月底以来未能再创新 高、以及资金从科技股撤出的轮动现象相吻合。 为重振股价表现，英伟达至少需要超越此前的展望，并设定高于华尔街当前预估的新目标。尽管该公司 屡次做到了这一点，但市场对人工智能支出浪潮不可持续的担忧日益加剧。 瑞银全球股票首席投资官Ulrike Hoffmann-Burchardi在报告中表示："未来几日市场信心能 ...

"这次英伟达的第四财季财报尤其重要，因为人们对AI算力基础设施支出前景非常担忧——担忧我们是 否正处在AI泡沫之中。"Spear Invest首席投资官Ivana Delevska表示。 智通财经APP获悉，周三，英伟达(NVDA.US)盘前涨近1%，报194.55美元。消息面上，有"地球最重要 股票"称号的"AI芯片霸主"英伟达将在美东时间周三美股收盘后(北京时间周四晨间)公布季度业绩，根 据LSEG汇编的华尔街分析师预期数据，华尔街预计英伟达将报告截至1月的季度利润同比激增逾62%， 意味着将较上一季度65.3%的增速有所放缓，因为其将面对更严苛的同比比较基数。 英伟达2026财年第四财季总营收料跃升逾68%至661.6亿美元。华尔街分析师们预计英伟达管理层将预 测2027财年第一季度营收将再增长64.4%至724.6亿美元。值得注意的是，该芯片巨头在过去13个季度的 业绩数据均超出分析师营收预期，但超预期的幅度已收窄，主要因随着英伟达市值触及史无前例的5万 亿美元大关且经历3年多大幅上涨，分析师对于英伟达的增长预期愈发苛刻。 ...