NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Quantum Computing Stocks to Buy and Hold for 5 Years. On September 30, Citi’s Atif Malik lifted the price target on the company’s stock from $200 to $210. As per the analyst, NVIDIA Corporation (NASDAQ:NVDA) is poised to capitalize on the surge in AI infrastructure spending over the upcoming few years. Notably, Citi raised its outlook for AI-related infrastructure spending by the well-established tech players. As the undisputed AI chip king, NVIDIA Corpor ...

NVIDIA Corporation (NASDAQ:NVDA) is one of the 12 Jim Cramer Stock Picks this Week. Following strong positive second quarter results and the unveiling of a new class of GPU, the company enters Cramer’s ‘high-powered long-term growth stocks’. NVIDIA Unveils Rubin CPX GPU as Cramer Adds It to Long-Term Growth Picks The company’s second-quarter 2026 revenue of $46.74 billion stands at 56% year-over-year, suggesting a positive outlook for the company. NVIDIA Corporation (NASDAQ:NVDA) attributed the growth p ...

Investment Rating - The report maintains an "Overweight" rating for the industry [2] Core Insights - NVIDIA launched the NVIDIA Rubin CPX, a new specialized GPU designed for long-context inference and video generation applications, featuring 128GB memory and 30 PFLOPS computing power, which significantly enhances performance for AI inference tasks [7] - Oracle reported a 12% year-on-year revenue growth for Q1 FY2026, with a substantial increase in contract totals, indicating strong demand for cloud infrastructure and AI computing capabilities [7] - The report emphasizes the importance of capital expenditure in the AI server market, suggesting that the supply chain for GPU chips may experience longer lead times due to increased demand [7] Summary by Sections Market Review - The Shanghai Composite Index closed at 3812.51 points with a weekly decline of 1.18%, while the Shenzhen Component Index and the ChiNext Index showed mixed performance [7] NVIDIA Rubin CPX Launch - The Rubin CPX GPU is built on the NVIDIA Rubin architecture, optimized for AI inference tasks, particularly for handling large context sizes exceeding 1 million tokens [7] - The single-machine AI performance reaches 8 EFLOPS, with 100TB fast memory and 1.7 PB/s memory bandwidth, enhancing the overall AI application performance [7] - The platform is expected to yield a 30-50 times return on investment, translating to up to $5 billion in token revenue for every $100 million in capital expenditure [7] Oracle's Financial Performance - Oracle's total revenue for Q1 FY2026 was $14.9 billion, with a 12% year-on-year increase, driven by significant contract signings [7] - The company's cloud infrastructure business is projected to grow by 77% this fiscal year, reaching $18 billion, with expectations of $144 billion in revenue by FY2030 [7] Investment Opportunities - The report suggests focusing on sectors such as PCB, ODM, AIOT, and AIDC for potential investment opportunities during market corrections [8] - Specific companies to watch include Shenghong Technology, Huitian Technology, and others involved in PCB and AI server supply chains [9]

Investment Rating - The report maintains an investment rating of "Outperform the Market - A" for the electronic industry [5] Core Insights - The electronic sector has shown significant growth, with a weekly increase of 6.15%, ranking first among 31 sectors [27] - NVIDIA has launched the NVIDIA Rubin CPX, a new GPU designed for handling massive context tasks, providing up to 8 exaflops of AI computing power, which is 7.5 times the performance of the current system [1] - Micron has announced a price increase of 20%-30% for storage products due to significant supply shortages, particularly affecting automotive electronics, which may see price hikes of up to 70% [2] - The upcoming Meta Connect conference is expected to unveil several new smart glasses, including AR-enabled Ray-Ban glasses, which could stimulate consumer demand [3] Summary by Sections Industry Performance - The electronic sector's performance has been robust, with the SW electronic index PE at 68.16 times, placing it in the 89.77th percentile over the past decade [35][36] - The semiconductor sub-sector has a PE of 103.95 times, while consumer electronics stand at 40.25 times [36] Key Companies and Recommendations - Recommended companies in the computing power supply chain include Shenghong Technology, Huitian Technology, and others [8] - In the storage industry, companies like Zhaoyi Innovation and Baiwei Storage are highlighted as potential investment opportunities [8] Market Trends - The report notes a significant increase in demand for AI and big data, driving up prices in the NAND flash market, with major manufacturers likely to follow Micron's lead in price increases [2] - The AR glasses market is projected to grow significantly, with global sales expected to exceed 850,000 units in 2025, marking a 70% year-on-year increase [16]

Core Viewpoint - Recent market fluctuations have led to significant rebounds in sectors such as computing power, PCB, and optical communication, driven by various factors including Oracle's substantial revenue growth and Nvidia's new GPU announcement [5][6][10]. Group 1: Market Rebound Factors - The rebound in the market is attributed to previous declines prompting investors to buy back in [5]. - Oracle reported a staggering 359% increase in its Remaining Performance Obligations (RPO), reaching $455 billion, indicating strong future revenue prospects [5][21]. - Nvidia announced the launch of a new GPU designed for large-scale context processing, which is expected to enhance computing capabilities [6]. Group 2: Sector-Specific Insights - Analyst Sun Xiaoya highlighted that the development of AI is driving demand for high-end PCB copper foil, suggesting that domestic manufacturers could benefit from industry growth [7]. - Citigroup expressed optimism about the optical communication sector, raising target prices for companies like Zhongji Xuchuang and Xinyi Communication to 569 RMB and 472 RMB respectively [8]. - Citigroup's analysis indicates that the recent rise in optical communication stocks is primarily driven by upward revisions in earnings forecasts rather than irrational valuation adjustments [9]. Group 3: Industry Demand Forecasts - Citigroup maintained its forecast for industry shipment volumes in 2026 while raising its demand estimates for 2027, projecting a year-on-year growth of 42% for 800G and 1.6T modules [10]. - The anticipated increase in AI investments by U.S. cloud service providers, expected to reach $600 billion by 2028, is likely to sustain demand for optical modules [10]. - Optimistic projections from Broadcom regarding ASIC growth and new customer orders further support the upward revision of demand forecasts [10]. Group 4: Economic Indicators - The recent CPI data showed a year-on-year decline of 0.4% in August, while the core CPI rose by 0.9%, indicating mixed inflationary pressures [15]. - The PPI's year-on-year decline narrowed to 2.9%, with upstream industries driving a month-on-month increase from -0.1% to 0.1% [18]. - Citigroup predicts that CPI readings may remain low in September but could rebound towards the end of the year, influenced by food prices, particularly pork [20].