Nvidia's Q4 financial report was released after market hours on Wednesday. Despite facing extremely high market expectations, Nvidia's revenue and profit in the fourth quarter surged year-on-year and exceeded analyst expectations. According to the financial report, Nvidia's revenue in the previous quarter was $22.1 billion, with a market expectation of $20.4 billion; Among them, data center revenue surged by more than 400% year-on-year, reaching 18.4 billion US dollars, with a market expectation of 17.06 billion US dollars. The artificial intelligence AIETF (515070) opened higher, up over 2% as of 9:30, with continuous inflows of over 130 million yuan in the past three days.
Guojin Securities believes that Nvidia's accelerated performance reflects the surge in computing power demand from global customers. With the accelerated iteration of large models such as Sora and Gemini1.5, as well as the promotion of commercial applications based on these models, it indirectly confirms that computing power demand is expected to continue after 2024. The company's position as a leading global AI chip manufacturer is stable, and with the development of accelerated computing and AIGC reaching a critical point, the company is expected to continue to benefit.
The Artificial Intelligence AIETF (515070) closely tracks the CSI Artificial Intelligence Theme Index, covering the upstream and downstream industrial chain of China's artificial intelligence. The top five holdings are Hikvision, iFlytek, Weir, Kingsoft Office, and Zhongji Xuchuang, assisting investors in one click layout of China's artificial intelligence AI industry, and over-the-counter linked funds (Class A 008585/Class C 008586).