据美国媒体《The Information》报道，科技巨头Meta正在考虑2027年在其数据中心使用谷歌的张量处理单元(TPU)。该媒体报道，Meta明年也可能从谷歌 云端部门租用TPU。Meta目前的AI算力几乎全部依赖英伟达GPU，来为其旗下逾30亿日活用户提供模型推理和生成服务。 TPU(Tensor Processing Unit)是谷歌于2016年公开的自研AI专用加速芯片(ASIC)，主要用于加速机器学习模型的训练和推理，尤其是基于谷歌机器学习开源 平台TensorFlow的深度学习任务。从2018年起，谷歌开始通过谷歌云出售TPU算力。目前，TPU的公开大客户包括Salesforce、Safe Superintelligence、 Midjourney和Anthropic。如果Meta使用TPU，对谷歌来说将是重大胜利，也有望进一步验证这项技术。 目前，谷歌正面向更多潜在企业客户推介其TPU，包括高频交易机构和大型金融企业。谷歌强调本地化部署有助于满足安全与合规要求。谷歌云高管认 为，若TPU进一步打开市场，谷歌有望从英伟达每年数百亿美元的收入中切走至少10%的份额。 | 成交量 ▼ | 993 ...

据美国媒体报道，Meta正在考虑使用谷歌设计的人工智能芯片后。截至发稿，英伟达股价下跌超6.5%，AMD跌超9%。谷歌母公司在周一上涨超过6% 后，周二股价上涨近2%。 | us 英伟达 Ai) [ Q NVDA | | --- | | 美国股市因感恩节, × | | K线读不懂,盘口上新形态诊断为您解读! | | 170.610 今井 174.910 最高 175.000 最低 169.550 | | 171.3 亿 -6.54%-11.940 换手 0.41% 总量 9933万股 金额 | | 昨收 182.550 总值 4.15万亿 市盈 4.79 曲家 | | 相关ETF 纳指ETF 2.01% 市值占比 9.70% > | | 盘前 174.690 -7.860 -4.31% 09:30 美东 V | | 分时 五日 日 日 K 周 K 月Ｋ 更多, | | 均价:172.493 最新: 170.610 -11.940 -6.54% | | 195.200 6.93% 卖1 170.620 175 | | 买1 170.610 210 万亿没了? | | 를 は 价 | | 冷明天 / 10:14 ...

| 10:14 170.630个 | | | 1172 | | --- | --- | --- | --- | | 10:14 170.630 | | | 200 | | -6.93% 10:14 170.639↑ | | | 1320 | | D 9933万股 分时量: 26.88万股 ↓ 现量: 1股 10:14 170.640个 成公章 | | | 930 | | 1723万 10:14 170.630J | | | 100 | | 10:14 170.636个 | | | 100 | | 10:14 170.620J | | | 129 | | 10:14 170.628个 Holf of a tiet. | | | 197 | | 10:14 170.630个 V MACD DIF :- 0.405 ↑ DEA:- 0.465 ↑ M:0.120 ↓ | | | 100 | | 10:14 170.630 0 485 | | | 303 | | us 超威半导体 北口 | | | | | 财富 AMD | | | | | 美国股市因感恩 | | | | | K线读不懂,盘口上新形态诊断为您解读! | ...

Group 1 - The report highlights a significant market correction in A-shares due to various underwhelming factors, with major indices experiencing declines: Shanghai Composite Index down 0.94%, Shenzhen Component down 1.58%, ChiNext down 0.74%, and STAR 50 down 1.65% during the week of July 28 to August 1, 2025 [1][9] - The macroeconomic drivers include the extension of the US-China tariff suspension for 90 days, alleviating short-term trade friction concerns, and the emphasis on "macro policy continuing to exert force and timely reinforcement" during the July Politburo meeting, which shifted focus to "implementing existing policies" [1][10] - The report notes a divergence in market performance, with technology sectors showing strength while cyclical sectors weakened, influenced by the tariff extension and domestic policy adjustments [1][9] Group 2 - The report recommends focusing on the banking sector, which has shown a divergence from the Shanghai Composite Index since July 11, 2025, suggesting that banks may become a choice for hedging against volatility as the market enters August [5][21] - The liquid cooling sector is highlighted due to the explosive growth in AI computing demand, projected to reach 725.3 EFLOPS by 2024, a year-on-year increase of 74.1%. The market for liquid cooling technology is expected to grow from 11.01 billion yuan in 2024 to 31.55 billion yuan by 2027, with a CAGR exceeding 40% [5][21] - The report emphasizes the challenges in implementing liquid cooling solutions, including system design complexity, construction risks, and high costs, which need to be addressed through comprehensive service models [5][21]

Core Viewpoint - Nvidia's stock price has reached new highs, with a market capitalization approaching $4 trillion, reflecting its strong position in the AI sector and significant growth in revenue and profit [1][3]. Group 1: Stock Performance and Market Position - Nvidia's stock increased by 1.76%, bringing its market capitalization to $3.85 trillion, marking a 60% rise since April [3]. - The company is described as an "ATM" of the AI era due to its robust financial performance [3]. Group 2: Insider Selling and Financial Health - CEO Jensen Huang sold 300,000 shares for over $44.9 million as part of a pre-announced 10b5-1 plan, indicating routine stock management rather than a lack of confidence in the company [3]. - Nvidia's latest financial report projects 2025 revenue of $130.497 billion, a 114% year-over-year increase, and a net profit of $72.88 billion, up 145% [3]. Group 3: Valuation Concerns and Competition - Nvidia's current dynamic P/E ratio stands at 50.1, significantly higher than competitors like Microsoft (38.1) and Apple (30.9), raising concerns about overvaluation [4]. - AMD has launched the MI355X chip, claiming superior performance at a lower price, posing a competitive threat to Nvidia [4]. Group 4: Supply Chain and Market Risks - Nvidia's reliance on TSMC's advanced packaging capacity poses a risk, as production expansion may not keep pace with demand [5]. - Although AI chip demand is high, there are signs of inventory pressure in consumer-grade graphics cards, indicating potential market fluctuations [5]. Group 5: Macroeconomic Environment - The Federal Reserve's potential interest rate cuts could benefit high-valuation tech stocks, but economic downturns or inflation spikes could negatively impact market sentiment [5]. - Historical volatility is noted, with Nvidia's market value previously dropping by $600 billion due to market reactions to new technologies [5]. Group 6: Investment Strategy - Investors are advised to set profit protection measures and consider waiting for market corrections before entering positions in Nvidia [6].