NVIDIA has completely detonated the global tech circle! Q3 earnings report sets a record + $15 billion AI giant alliance + cabinet system transformation triple blow, stock price fluctuated 8% in one day to a late rally of 3.2%, market value returned to $4.5 trillion, AI computing power hegemony is no longer in doubt!
🚀 Three major explosive points: performance + cooperation + strategy fully exceeded expectations
- Q3 performance is legendary: revenue of $57 billion, a year-on-year increase of 62%, data center business wildly captured $51.2 billion, a year-on-year increase of 66%, Q4 guidance of $65 billion again exceeds market expectations. CFO announces a revenue target of $500 billion for the Blackwell + Rubin platform before the end of 2026, with orders already booked until 2027.
- 15 billion AI alliance locks computing power: Joint investment of 15 billion U.S. dollars in Anthropic with Microsoft, which promises to purchase 30 billion U.S. dollars of Azure computing power, all based on NVIDIA Grace Blackwell and Vera Rubin systems, monopolizing 1 gigawatt of top-tier computing resources.
- Saudi Arabia's massive order lands: Official announcement of an additional 400,000 to 600,000 GPUs in Saudi Arabia over the next three years, xAI becomes the first customer, and Middle Eastern computing infrastructure becomes a new growth pole.
🌟 Strategic transformation: From chips to entire racks, supply chain frenzy
- NVIDIA officially transitions from chip supplier to 'whole rack AI server' service provider, launching the MGX architecture L10 whole rack system, reducing deployment time from 12 months to 90 days, with a single rack worth up to 3 million U.S. dollars.
- Supply chain directly benefits: Industrial Fulian exclusively manufactures liquid-cooled racks, with orders extending to 2027; Zhongji Xuchuang secures 80% of the 1.6T optical module orders, and Shenghong Technology supplies high-end HDI boards, with single machine value increasing by 30%.
- The new generation Vera Rubin super chip shines: FP4 computing power reaches 100 PFLOPS, paired with 1TB HBM4e memory, mass production in 2026 will drive computing power to increase by another 14 times.
📊 Market bullish-bearish confrontation: Institutions set a price target of 320 U.S. dollars
- Bulls are wildly bullish: Melius Research raises the price target to 320 U.S. dollars, Wedbush predicts the market value will exceed 6 trillion U.S. dollars; Wall Street collectively upgrades ratings, believing that 500 billion U.S. dollars in orders secure long-term growth.
- Controversy remains: Dalio warns the AI bubble has not burst, but Jensen Huang responds, 'A100 chips have been running at full load for six years,' using actual demand to refute the bubble theory.
- Stock price roller coaster: After the earnings report, it rose by 5% at one point, plummeted over 3% due to interest rate cut concerns, and finally rebounded to close up 3.2%, with the semiconductor sector rising 2.9%, and AMD and Broadcom strengthening simultaneously.
👉 Current operation guide
1. Core track: AI server rack industry chain (Industrial Fulian, Zhongji Xuchuang), Rubin chip supply chain (Shenghong Technology, Yingweike), AI alliance ecosystem (Microsoft, Anthropic related entities).
2. Long-term layout: HBM4, liquid cooling, and high-speed optical module leaders benefiting from Vera Rubin mass production.
3. Risk avoidance: Stay away from small to medium computing power manufacturers that rely on exports to China, and beware of the impact of upgraded U.S. export controls.
Can NVIDIA's triple revolution of 'computing power + ecosystem + hardware' drive tech stocks to surge into the year-end market? Can the target of 320 U.S. dollars be surpassed early? Let's discuss your layout ideas in the comments section~
#英伟达
