[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcio10032268":3},{"user":4,"document":8,"mainDocument":30,"columnUrl":32,"subscription":33,"footer":45,"text":80},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":26,"videoId":6,"liveVideoUrl":6,"duration":27,"price":27,"priceText":28,"priceBadgeText":28,"priceBadgeClass":29,"freeForMinGroupLevel":27,"redirectUrl":6,"readyToStream":5},"dcio10032268","英伟达分歧！大摩看涨，美银看跌！到底谁更准？","\u002Fdoc\u002F英伟达分歧大摩看涨美银看跌到底谁更准_1194369443","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>根据美股大数据 StockWe.com 统计，财报前，英伟达的隐含波动率在10%，意味着将可能朝任意方向波动10%，只从2008年以来，英伟达财报没有一次跌超过8%。\u003C\u002Fp>\n\u003Cfigure class=\"image\" data-img-size-val=\"1056,680\">\u003Cimg src=\"https:\u002F\u002Fimg.36krcdn.com\u002Fhsossms\u002F20240828\u002Fv2_de077f6540874f5d92182d03d028176b@5576020_oswg122562oswg1056oswg680_img_000\">\u003C\u002Ffigure>\n\u003Cp>\u003Cstrong>从最新的机构 13F 文件，持有英伟达的共同基金和对冲基金等机构，每个季度数量仍旧在上升！\u003C\u002Fstrong>\u003C\u002Fp>\n\u003Cfigure class=\"image\" data-img-size-val=\"1080,725\">\u003Cimg src=\"https:\u002F\u002Fimg.36krcdn.com\u002Fhsossms\u002F20240828\u002Fv2_d8a793e832874735a27da5c65a96e16e@5576020_oswg263333oswg1080oswg725_img_000\">\u003C\u002Ffigure>\n\u003Cp>摩根士丹利在25日的研报中，对英伟达的业绩表示乐观，\u003Cstrong>本季英伟达财报大概率超预期，市场对于公司下季度营收指引预期也再度提高\u003C\u002Fstrong>。但更为关键的是，即使推出的 Blackwell 系列 GPU 稍有延迟，但 H200 芯片的需求仍将推动业绩指引的发布。\u003C\u002Fp>\n\u003Cfigure class=\"image\" data-img-size-val=\"1080,608\">\u003Cimg src=\"https:\u002F\u002Fimg.36krcdn.com\u002Fhsossms\u002F20240828\u002Fv2_866f5b3ff15849218fed74bdbbcd53bf@5576020_oswg61807oswg1080oswg608_img_000\">\u003C\u002Ffigure>\n\u003Cp>\u003Cstrong>大摩指出，如果英伟达的收入超出预期，AI相关股票的价格可能会有3-15%的上涨空间\u003C\u002Fstrong>。相反，若不及预期，整个AI股票组可能会有5-10%的下跌空间，并且股票选择的优先级可能会逆转。\u003C\u002Fp>\n\u003Cp>大摩表示，目前市场对于英伟达下季度营收指引预期再度提高。但更为关键的是，公司需要平息投资者对Blackwell延迟（由于芯片设计的重做）的担忧。\u003C\u002Fp>\n\u003Cp>\u003Cstrong>1.英伟达的营收与股票表现\u003C\u002Fstrong>：市场预期英伟达二季度营收将同比翻倍，大约为286.8亿美元。第三季度的收入指引可能会接近市场预期的315亿美元，甚至超过330亿美元，但这些数字可能对股票的影响不大。真正的关注点在于英伟达能否缓解投资者对可能因芯片设计调整导致的Blackwell延迟的担忧。\u003C\u002Fp>\n\u003Cp>\u003Cstrong>2.供应链和资本支出\u003C\u002Fstrong>：虽然不能完全排除延迟的可能性，但由于强劲的采购需求和云计算厂商增加资本支出，人工智能芯片市场依然良好。英伟达作为主要的硅芯片供应商，受益于大规模数据中心公司的高资本支出，供应链收益集中且增长可观。\u003C\u002Fp>\n\u003Cp>\u003Cstrong>3.AI相关股票的投资建议\u003C\u002Fstrong>：尽管市场对AI股票的耐心减少，但摩根士丹利建议不要放弃AI相关股票，认为英伟达将继续超预期增长。虽然目前AI股票的估值较高，但尚未达到泡沫水平，市场对于AI的强劲需求将持续支撑这些估值。\u003C\u002Fp>\n\u003Cp>\u003Cstrong>4.供应链和数据中心的趋势\u003C\u002Fstrong>：大规模生产预计将在2025年后期开始。台积电在产量方面没有问题，第三季度收入预计环比增长9.5%。美国和中国的大型数据中心运营商在AI服务器方面的采购积极性增加，尤其是中国公司，如腾讯和阿里巴巴，资本支出大幅增长，主要用于GPU和CPU服务器。\u003C\u002Fp>\n\u003Cp>总的来说,大摩对AI行业保持乐观,认为即使短期波动,长期增长前景仍然强劲。在近期芯片抛售之后，英伟达是他们的首选股。\u003C\u002Fp>\n\u003Cp>美股投资网注意到，摩根斯坦利整个投行持有价值416亿美元的英伟达，最近8月14日公布的仓位，稍微减仓英伟达0.4%，价值2亿美元。\u003C\u002Fp>\n\u003Cfigure class=\"image\" data-img-size-val=\"1080,458\">\u003Cimg src=\"https:\u002F\u002Fimg.36krcdn.com\u002Fhsossms\u002F20240828\u002Fv2_27f5a80023d64541a9e26884e545b15f@5576020_oswg169881oswg1080oswg458_img_000\">\u003C\u002Ffigure>\n\u003Cp>相反，美国银行 BAC并不看好这次财报\u003C\u002Fp>\n\u003Cp>预计其业绩或令人失望，\u003Cstrong>并提出了一种对冲该股潜在亏损风险的方法，即购买标普500指数的看跌期权\u003C\u002Fstrong>。也就是买入 SPY 的Put\u003C\u002Fp>\n\u003Cfigure class=\"image\" data-img-size-val=\"1077,803\">\u003Cimg src=\"https:\u002F\u002Fimg.36krcdn.com\u002Fhsossms\u002F20240828\u002Fv2_3e295f67ce824d66b35f6350d90ea7c7@5576020_oswg165864oswg1077oswg803_img_000\">\u003C\u002Ffigure>\n\u003Cp>美国银行股票衍生品研究团队副总裁冈萨洛•阿西斯(Gonzalo Asis)在报告中表示，\u003Cstrong>投资者“可能低估了业绩表现令人失望的风险”，对冲这种风险的“更有吸引力”的途径并非购买英伟达的看跌期权，而是购买标普500指数的看跌期权\u003C\u002Fstrong>。\u003C\u002Fp>\n\u003Cp>随着8月初的市场抛售和波动率指数(VIX)的爆炸式增长，以及投资者目前对美联储即将降息的热切关注，美国银行看到了风险出现的可能。\u003C\u002Fp>\n\u003Cp>Asis表示，标普期权相对于英伟达期权更“便宜”，并发布了以下图表:\u003C\u002Fp>\n\u003Cfigure class=\"image\" data-img-size-val=\"743,336\">\u003Cimg src=\"https:\u002F\u002Fimg.36krcdn.com\u002Fhsossms\u002F20240828\u002Fv2_e9d192ee06d14de49221c73f35f612bd@5576020_oswg44948oswg743oswg336_img_000\">\u003C\u002Ffigure>\n\u003Cp>明天盘后见分晓！\u003C\u002Fp>\n\u003Cp>美股投资网今年预测英伟达财报精彩文章\u003C\u002Fp>\n\u003Cp>\u003Ca href=\"http:\u002F\u002Fmp.weixin.qq.com\u002Fs?__biz=MjM5ODU5NjIzMg==&mid=2917143371&idx=1&sn=babdf6fe23af4cd5b7a4707cea3748ae&chksm=8edce8acb9ab61ba6e32c9cd8bafab4ed25c9da12a25d075a29bef291d70b23ac2ca649737ee&scene=21#wechat_redirect\" target=\"_blank\" rel=\"noopener noreferrer\">美股终极调研 英伟达2月财报预测 NVDA\u003C\u002Fa>\u003C\u002Fp>\n\u003Cp>\u003Ca href=\"http:\u002F\u002Fmp.weixin.qq.com\u002Fs?__biz=MjM5ODU5NjIzMg==&mid=2917146227&idx=1&sn=99b66c4a9dce4a3972b672e6826dd979&chksm=8edce594b9ab6c82a993e119f89a5fff2f08e46876e8825a948b2fb9b423ee2605af5fd40b6c&scene=21#wechat_redirect\" target=\"_blank\" rel=\"noopener noreferrer\">美股英伟达5月财报预测，深度报告，坚定看涨\u003C\u002Fa>\u003C\u002Fp>\n\u003Cp>\u003Ca href=\"http:\u002F\u002Fmp.weixin.qq.com\u002Fs?__biz=MjM5ODU5NjIzMg==&mid=2917149446&idx=1&sn=a967ffd311b7fc5f3cf23714fb47f8d5&chksm=8edcd0e1b9ab59f7a1fb83aaf73d9183f724779851f84ce16071c8c44f65ae3ac845827edd74&scene=21#wechat_redirect\" target=\"_blank\" rel=\"noopener noreferrer\">美股 英伟达8月财报预测，深度报告，继续看涨\u003C\u002Fa>\u003C\u002Fp>\n\u003Cp>为了满足不同粉丝的需求，美股投资网开通知识星球给大家订阅，每天我会分享很多干货美股信息，突发重磅新闻的精华，提高金融认知，终身受益！\u003C\u002Fp>\n\u003Cfigure class=\"image\" data-img-size-val=\"952,1148\">\u003Cimg src=\"https:\u002F\u002Fimg.36krcdn.com\u002Fhsossms\u002F20240828\u002Fv2_f799614c27f84605b60f6fc5abeb613d@5576020_oswg293264oswg952oswg1148_img_000\">\u003C\u002Ffigure>","https:\u002F\u002Fstockwewebfiles.blob.core.windows.net\u002Fweb-202408-stk\u002FUploader1ay11iy4zzw_2024_08_27_17_18_46.jpeg","2024-08-27T00:17:50.967","2024.08.27","2024\u002F08\u002F27",35479,[22,23,24,25],"NVDA","财报预测","大摩","美银","Article",0,"免费","success",{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":31,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":26,"videoId":6,"liveVideoUrl":6,"duration":27,"price":27,"priceText":28,"priceBadgeText":28,"priceBadgeClass":29,"freeForMinGroupLevel":27,"redirectUrl":6,"readyToStream":5},[22,23,24,25],"\u002Fcol\u002Fstocknews",{"visible":5,"marketingHtml":34,"services":35,"recentDocuments":44},"\u003Cfigure class=\"image\">\u003Ca href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\" target=\"_blank\" rel=\"noopener noreferrer\">\u003Cimg style=\"display:block;margin-left:auto;margin-right:auto;\" src=\"https:\u002F\u002Fstockwewebfiles.blob.core.windows.net\u002Fweb-202408-stk\u002F1586109431mceclip0.jpg\">\u003C\u002Fa>\u003C\u002Ffigure>\u003Cdiv class=\"text-center\">\u003Ch2 class=\"card-title mx-auto\">\u003Cbr>\u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\">案例介绍：英伟达深度研究报告\u003C\u002Fa>\u003C\u002Fh2>\u003C\u002Fdiv>",[36,40],{"productId":37,"serviceName":38,"priceText":39},"prod_PPxdDdK87QaiLv","月付","$12.95美元",{"productId":41,"serviceName":42,"priceText":43},"prod_PPxeMs3bix1da5","年付","$149.00美元",[],{"links":46,"images":71,"summaryHtml":76,"aboutTitle":77,"aboutHtml":78,"copyrightHtml":79},[47,50,53,56,59,62,65,68],{"label":48,"url":49},"深度报告","\u002Fcol\u002FdepthReport",{"label":51,"url":52},"VIP会员","\u002Fplan",{"label":54,"url":55},"期权推荐","\u002FOption",{"label":57,"url":58},"低价暴涨股","\u002FPenny",{"label":60,"url":61},"常见问题","https:\u002F\u002Fstockwe.com\u002FFAQ",{"label":63,"url":64},"美股课程","\u002Fcol\u002Fvideos",{"label":66,"url":67},"免责声明","\u002Fdisclaimer",{"label":69,"url":70},"联系我们","\u002FContactUs",[72,73,74,75],"https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploaderzic2tuwsol2_2025_09_11_18_21_07.gif","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploadercakzdvydksw_2025_09_03_09_00_56.png","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploadergtjyagwvoyk_2025_09_14_08_32_05.png","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploader3u0tt4jhlqh_2025_09_23_22_30_48.png","邮箱: buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 StockWe.com 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理千万级股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，精准买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":81,"search":82,"searchPlaceholder":82,"hotContent":83,"draft":84,"noData":85,"searchNoData":86,"edit":87,"editVideo":88,"courseContent":89,"more":90,"buyNow":91,"subscribeNow":92,"encoding":93,"paidContent":94},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","编辑","编辑视频","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]