$NVDA · Parkev Tatevosian, CFA · 2026-11-07
Nvidia 属于数据中心零部件供应商之一，其销售可能会分摊到更长的时间段，而不是就此流失；同时它采用了循环融资，包括从资本较薄弱的新云（neocloud）公司获取股权以换取 GPU。说话者此前就认为 Nvidia 非常便宜，并表示如今更便宜；他迫切期待其季报以及 CEO Jensen Huang 对这些进展的评论。
逐段跳播
这包括 NVIDIA、AMD、Intel、Micron、SK Hynix 等公司。因此，这些为数据中心供应组件的公司不会在短时间内完成全部销售。最终可能实现相同的销售额，但这些销售会分散在更长的时间内，而不是集中在短时间内。
This includes companies such as NVIDIA, AMD, Intel, Micron, SK Hynix, and others. Therefore, these companies that supply components for data centers will not achieve all their sales in a short period of time.
The same amount of sales may be achieved in the end, but these sales will be spread over a longer period of time instead of being concentrated in a short time.
你听说过 Nvidia、AMD 等公司达成的循环融资安排，因为相关限制早已存在。
You have heard about the circular financing arrangements that Nvidia, AMD and others have entered into because the constraints were already in place.
当然，还有像 Neo Clouds、CoreWeave、Nebius、IREN 等资本实力较弱的公司，它们越来越多地参与这类安排：Nvidia 向其中一些公司提供自己的组件（图形处理器），而这些公司不用现金支付给 Nvidia，而是给它自己公司的股票。
And of course, you had less capitalized companies like Neo Clouds, CoreWeave, Nebius, IREN, and others, which were increasingly entering into this type of arrangement where Nvidia was giving some of them its components (graphics processing units), and instead of those companies paying Nvidia in cash, they were giving it shares in their companies’ stock.
像 Nvidia 和 Micron 这样的公司，我之前认为它们非常便宜，如今更便宜了。这件事以及所有这些进展，让我更加期待 Nvidia 的季度财报。我非常想听听 Nvidia 首席执行官黄仁勋对这一切怎么说。
Companies like Nvidia and Micron, which I previously thought were very cheap, are cheaper today, This and all these developments make me even more excited to wait for Nvidia’s quarterly financial report.
I am very eager to hear what Jensen Huang, CEO of Nvidia, has to say about all of this.
这个频道对 $NVDA 的历次判断
Parkev Tatevosian, CFA 在这只股票上共 25 条判断，这里只列相邻的几条。