$NVDA · Jose Najarro Stocks · 2026-10-27
说话者并不担心Nvidia：尽管许多人将AMD的Helios合作视为负面因素，且这一判断是否属实仍存不确定性，但他认为算力有限迫使OpenAI等方采用多家供应商，因此对Nvidia影响不大；Nvidia仍应能从与Meta扩大Vera Rubin合作中受益，并获得不错的份额。
逐段跳播
如果我们拿不到足够的芯片，那就意味着我们会继续看到图形处理器（GPU）价格上涨。
If we cannot get enough chips, it means we will continue to see graphics processing unit (GPU) prices rise.
Nvidia 还提议向 Meta 投资30亿美元。非常类似地，今天 Meta 和 Nvidia 宣布扩大他们正在开展的合作，不是吗？
Nvidia is also proposing a $3 billion investment in Meta. In a very similar way, today Meta and Nvidia announced an expansion of the work they are doing, did n't they?
他们计划扩大打算部署的 Vera Rubin 芯片数量。我指的是用于中央处理器和图形处理器的 Vera Rubin 平台。
They plan to expand the quantity of Vera Rubin chips they intend to deploy. I mean the Vera Rubin platform for central processing units and graphics processors.
他们继续合作改进各自的 AI 智能体工具，改进推理和训练，同时也在网络方面继续扩展。因此，如果 Nvidia 继续把这一范围越扩越大，它将从中显著受益。
They continue to work together to improve their AI agent tools, to improve inference and training, and also to continue expanding on the networking side. Therefore, Nvidia stands to gain significantly if it continues to expand this range further and further .
显然，我认为 Nvidia 会分到不错的一杯羹，但看到 AMD 与 Helios 的这一合作传出重大消息，确实非常有冲击力。
Obviously, I think Nvidia will get a good share of the pie, but it was very powerful to see AMD get big news about this partnership with Helios.
很多人把这视为对 Nvidia 不利的信号。我们并不知道这是不是真的，对吧？这仅仅是基于现有信息作出的判断。所以，对我来说，我不担心 Nvidia 的原因是，我们身处一个算力有限的世界。
Many view this as a negative sign for Nvidia. We don't know if this is true, do we ? This is based solely on the information available. So, for me, the reason I'm not worried about Nvidia is that we live in a world of limited computing power.
像 OpenAI 这样的公司不可能允许某一家厂商来决定它能获得多少算力。它们需要获得其他类型的机会。
Companies like OpenAI cannot allow a single player to dictate how much computing power it can obtain. They need to get other kinds of opportunities.
他们与 Amazon 合作。我们很可能最终会看到他们与 Amazon 合作。他们与 Cerebras 合作。他们正与 Broadcom 合作设计自己的人工智能芯片。
Well, they work with Amazon. It is likely that we will eventually see them working with Amazon. They work with Cerebras. They are working with Broadcom on designing their own artificial intelligence chip.
他们只是需要更多算力。就他们能获得的算力而言，如果 Google 愿意提供给他们，我认为这对 OpenAI 来说是好消息。但我们对算力仍将保持渴求。
They simply need more computing power. As far as they can get in terms of computing power, if Google is willing to give it to them, I think that's great news for OpenAI. But we will remain thirsty for computing power.
而且我认为，最终这对 Nvidia 来说并没有太大改变。
And I think in the end this doesn't change much for Nvidia.
这个频道对 $NVDA 的历次判断
Jose Najarro Stocks 在这只股票上共 27 条判断，这里只列相邻的几条。