NVDA增长放缓导致短期表现不佳；若趋势延续，预计股价最终会上涨。
逐段跳播
相比之下，一台 NVIDIA GPU 服务器要花费数百万美元，比如一台 NVIDIA Vera Rubin 服务器机架要700万、800万美元。
By comparison, an NVIDIA GPU server costs millions of dollars, like seven, $8 million for an NVIDIA Vera Rubin server rack.
像 Meta 这样的公司以及其他大型科技公司，都会希望为这类工作采用 NVIDIA 最新、最强的一代 GPU。
Companies like Meta and the other big tech companies are going to want the latest and greatest generation of GPUs from NVIDIA for this type of work.
Nvidia，左边这里主要的 GPU 及其他定制加速器供应商。他们还凭借 Vera CPU 进入了 CPU 领域。而且他们现在也开始推出整机架的专用 CPU。
Nvidia, the primary GPU and other custom accelerator, provider there on the left. They also have gotten into the CPU game with the Vera CPU. And entire dedicated racks of CPUs that they are beginning to launch right now as well.
我们从左边开始，Nvidia。我点开最近一个季度。对 Nvidia 来说，截至上一季度的营收增速仍是三位数，同比增长106%。这一增速仍将保持相当高，但我们应该预计它会在2027自然年放缓。
展望是70%的增长。这很惊人，但仍是放缓，所以这就是市场对 Nvidia 股价所定价的一部分。这也是它整体跑赢市场、但在半导体行业内部相对许多同行跑输的原因之一。随着估值被压缩，我们认为，只要这一趋势持续，Nvidia 最终迎来自己的上涨只是时间问题。
但它是全球市值最大的公司，至少目前如此，市值5.5万亿美元。我们只需预期其股价以更慢的速度上涨。
Let's start from the left, Nvidia. I'm gonna click on most recent quarter. For Nvidia, revenue growth rate as of the last quarter was still triple digits, 106% year-over-year growth.
That is still going to remain quite high, but we should expect it to slow down in calendar year 2027. The outlook is 70% growth. That is incredible, but it is still a slowdown, and so that is part of what the market is pricing in with Nvidia stock.
It's one of the reasons why it has been a market outperform overall, but semiconductor industry specific underperform, relative to a lot of peers in the last year. With the valuation getting compressed, we think it's only a matter of time before Nvidia eventually has its own run higher, assuming this trend continues.
But it is largest company in the world by market cap, at least as of right now, five and a half trillion dollars. We should just simply expect the stock price to grow at a slower rate.
这个频道对 $NVDA 的历次判断
Chip Stock Investor 在这只股票上共 2 条判断，这里只列相邻的几条。