$NVDA · The Acquirers Podcast · 2026-11-05
说话者将 NVDA 视为周期性公司；其低估值倍数和增长率看起来确实很有吸引力，但这种周期性意味着这些数字可能具有欺骗性，而非预示持久的便宜。
逐段跳播
资本开支的受益者，比如 Nvidia、Micron 和 SK Hynix——这些公司赚走了这些服务商花出去的所有钱。
capital expenditure beneficiaries such as Nvidia, Micron, and SK Hynix – names that reap all the money that these providers spend.
像 Nvidia 和 Micron 这样的公司，在我看来，如果不是周期性的，我属于……周期性的那一派。但如果不是周期性的，你就能看出，人们可能会被低估值倍数和增长率所迷惑，也许不是被迷惑，而是被那些看起来非常有吸引力的数字所吸引。
companies like Nvidia and Micron look, I mean, if not cyclical, I'm in the camp... cyclical. But, if it were not periodic, you can see how one can be deceived, and perhaps not deceived, by the low multipliers and growth rates, which look really attractive.
这就是为什么今天 Nvidia 的股价下跌，而一些电力公司，比如得克萨斯州的大型公用事业公司 Vestra Energy，下跌了大约14%。所以，他们原本预期那些数据中心会带来巨大的能源需求，我们得关注那里会发生什么。
This is why you see a decline in Nvidia's stock today , while some electricity companies such as Vestra Energy, a large Texas utility, have fallen by approximately 14%. Therefore, they were expecting a huge demand for energy from those data centers, and we would have to monitor what would happen there.
这个频道对 $NVDA 的历次判断
The Acquirers Podcast 在这只股票上共 4 条判断，这里只列相邻的几条。