行业研究服务 - 提供航空航天、国防和航空行业的投资研究服务，目标是发现该领域的投资机会 [1][2] - 服务内容包括行业分析、数据监测和投资观点，帮助理解行业动态及其对投资的影响 [2] - 使用内部开发的数据分析平台evoX Data Analytics，提供数据驱动的投资分析 [1][2] 行业背景与前景 - 航空航天、国防和航空行业具有显著的增长潜力，但结构复杂 [2] - 分析基于航空航天工程背景，结合行业发展趋势提供投资建议 [2]

英伟达(NVDA.O)带动芯片股走强，美光科技(MU.O)涨3.2%，AMD(AMD.O)涨2%，高通(QCOM.O)涨 超1.3%。 ...

艾夫斯在报告中写道："我们始终坚信，随着这场由'推动全球人工智能发展芯片'的英伟达所引领的第 四次工业革命的推进，英伟达在未来几年内有望实现4万亿美元市值，最终迈向5万亿美元市值。" 智通财经APP获悉，今早，英伟达(NVDA.US)发布第一季度财报业绩，股价飙涨近6%。即便是考虑到 近期美国对中国实施的出口管制，华尔街机构仍不吝溢美之词，纷纷盛赞英伟达远超预期的业绩与展 望，认为其表现堪称非凡。当下的世界仿佛属于英伟达，人们都生活在它的时代浪潮之中。 截至发稿，英伟达在盘前交易中上涨5.56%，有望重新夺回市值最高公司的桂冠。美国超微公司 (AMD.US)、迈威尔科技(MRVL.US)和博通(AVGO.US)等其他半导体企业的股价也纷纷跟涨。 Wedbush Securities分析师丹·艾夫斯(Dan Ives)形容该季度业绩"稳健"，即便将中国市场因素纳入考量， 有关需求的评论依然"非常积极"。 美国银行分析师维维克·阿雅(Vivek Arya)也上调了目标价(从160美元升至180美元)，并表示，鉴于人工 智能需求如今纳入了来自主权国家的庞大需求，他认为英伟达具备每股10美元的长期盈利潜力。 杰富瑞分 ...

美股市场表现 - 美股三大指数集体高开，道指涨0.21%，纳指涨1.51%，标普500指数涨0.93% [1] 芯片行业表现 - 芯片股集体走强，英伟达涨超5%，美光科技、博通涨超2% [1]

财务表现 - 2026财年第一财季营收440.62亿美元，同比增长69%，环比增长12% [2] - 净利润187.75亿美元，同比增长26%，环比下降15% [2] - 调整后每股收益0.81美元，同比增长33%，调整后毛利率61%，同比下降17.9个百分点 [6] - 营业费用35.8亿美元，同比增长43% [6] 业务分项 - 数据中心业务营收391亿美元，同比增长73%，占总营收89%，Blackwell架构产品占数据中心收入近70% [4][6] - 游戏和AI PC业务营收38亿美元创历史新高，同比增长42% [5][6] - 汽车业务营收5.67亿美元，同比增长72%，专业可视化业务营收5.09亿美元，同比增长19% [5][6] 产品与技术进展 - Blackwell NVL72 AI超级计算机已全面投产，微软部署数万个Blackwell GPU并计划扩展至数十万个GB200 [4] - GB300系统样品已提供给云厂商，预计本季度末量产，三季度将升级至GB300版本 [4] - 游戏业务增长得益于GeForce RTX 5060/5060 Ti新品发布，首次将Blackwell架构引入笔记本电脑 [5] 中国市场影响 - 中国客户抢购H20芯片贡献46亿美元收入，占当季营收12.5%，但计提45亿美元库存减值 [7] - 美国出口管制导致中国GPU市场份额从95%降至50%，损失25亿美元潜在销售额 [7] - 公司预计第二财季将因H20禁令损失80亿美元营收，但毛利率有望回升至72% [8] 行业趋势与战略 - AI推理需求呈指数级增长，token生成量一年内激增十倍，全球超800个AI工厂处于规划中 [3][5] - 公司转型为AI基建公司，推出NVLink Fusion技术以兼容非英伟达硬件 [8] - 创始人黄仁勋强调中国AI技术发展不受限，出口管制或刺激中国自主创新 [8] 资本市场反应 - 财报发布后股价盘后上涨近5%至134.81美元/股，市值达3.288万亿美元 [3] - 机构普遍上调目标股价，市场对增速预期趋于理性 [3]

I'm a full time value investor and writer who enjoys using classical value ratios to pick my portfolio. My previous working background is in private credit and CRE mezzanine financing for a family office. I'm also a fluent Mandarin speaker in both business and court settings, previously serving as a court interpreter. I have spent a good chunk of my adult working life in China and Asia. I have worked with top CRE developers in the past including The Witkoff Group , Kushner Companies, Durst Organization and ...

Nvidia Corporation (NASDAQ: NVDA ) reported its first quarter fiscal 2025 earnings yesterday and there was big news that bans on their H20 chips being sold to China were causing massive challenges to their growth and margins.If you found today's piece interesting and helpful, please remember to follow me and consider a free trial membership to my service:  I am raising the price of Margin of Safety Investing on June 2nd due to the profitability of the strategies and to limit the number of subscribers. You c ...

For those who have followed my analysis on Nvidia Corporation (NASDAQ: NVDA ), you know this is the most exciting stock I cover. In fact, while the company has made millionaires out of earlyRick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options. The most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News, cover his work. His passion is business, and he works tire ...

In this articleNVDAwatch nowNvidia reported strong fiscal first-quarter earnings on Wednesday.Wall Street was pleased with Nvidia's continued sales growth, which hit 69% during the quarter. The company's data center division continues to surge as companies, countries, and cloud providers snap up Nvidia graphics processors, or GPUs, for artificial intelligence software."The team continues to maintain a 1- 2 step lead ahead of competitors with its silicon/hardware/software platforms and a strong ecosystem, an ...

行业进展 - 国家新型工业化操作系统鸿道操作系统正式发布 标志着我国在具身智能机器人基础软件领域取得重大进展 [1] - 该系统为国产机器人操作系统实现自主可控提供了关键支撑 [1] 技术整合 - 鸿道操作系统实现了芯片-系统-应用的垂直整合 [1] - 支持龙芯、华为、海光、英伟达、英特尔、高通等GPU/NPU架构 [1]