Nvidia 在 CES 2025 上展示圖形和人工智慧技術的突破性進展

在拉斯維加斯舉行的 CES 2025 上，Nvidia 公司（納斯達克股票代碼：NVDA）佔據了舞台中心，展示了圖形和人工智慧技術的突破性進展。

CES 2025 in Las Vegas saw Nvidia Corporation (NASDAQ:NVDA) take center stage, unveiling groundbreaking advancements in both graphics and AI technology. As the tech giant's stock traded at $140.11 and boasted a market capitalization of $3.431 trillion, the event served to reaffirm Nvidia's position as a leader in AI and GPU innovation.

在拉斯維加斯舉行的 CES 2025 上，Nvidia 公司（納斯達克股票代碼：NVDA）佔據了舞台中心，展示了圖形和人工智慧技術的突破性進展。這家科技巨頭的股價為 140.11 美元，市值為 3.431 兆美元，活動重申了英偉達在人工智慧和 GPU 創新領域的領導者地位。

The Blackwell Architecture: A Game-Changer in GPUs

Blackwell 架構：GPU 的遊戲規則改變者

During his keynote address, CEO Jensen Huang introduced the next-generation RTX GPUs powered by the revolutionary Blackwell architecture. This architecture promises to double performance compared to Nvidia’s existing GPUs, signaling a leap forward in both gaming and AI-driven applications. Blackwell GPUs cater to both consumer and enterprise markets, reflecting Nvidia's commitment to integrating cutting-edge AI technology into its product ecosystem.

執行長黃仁勳在主題演講中介紹了由革命性 Blackwell 架構提供支援的下一代 RTX GPU。與 Nvidia 現有 GPU 相比，該架構有望實現雙倍效能，標誌著遊戲和人工智慧驅動應用程式的飛躍。 Blackwell GPU 面向消費者和企業市場，體現了 Nvidia 將尖端人工智慧技術融入其產品生態系統的承諾。

Agentic AI: Redefining Artificial Intelligence

Agentic AI：重新定義人工智慧

Huang also outlined Nvidia’s vision for “agentic AI,” an evolution beyond generative AI that tackles complex, multistep tasks rather than just creating content. This innovation aims to redefine how AI interacts with real-world scenarios, further cementing Nvidia's role in foundational AI technologies.

黃仁勳還概述了英偉達對「代理人工智慧」的願景，這是一種超越生成人工智慧的進化，可以解決複雜的多步驟任務，而不僅僅是創建內容。這項創新旨在重新定義人工智慧與現實世界場景的互動方式，進一步鞏固英偉達在基礎人工智慧技術中的作用。

Nvidia Cosmos: A World Foundation Model for Robotics and Beyond

Nvidia Cosmos：機器人及其他領域的世界基礎模型

One of the standout announcements was Nvidia Cosmos, a “world foundation model” designed to synthesize real-world environmental data. This platform promises to revolutionize training and testing for robotics systems, potentially slashing development costs and time.

其中最引人注目的公告之一是 Nvidia Cosmos，這是一種旨在綜合真實世界環境數據的「世界基礎模型」。該平台預計將徹底改變機器人系統的培訓和測試，並有可能大幅削減開發成本和時間。

Data Centers: The Growth Engine Behind Nvidia

資料中心：Nvidia 背後的成長引擎

Nvidia’s financial success is increasingly driven by its data center segment, which now accounts for a staggering 88% of total revenue—up from just 39% three years ago. The company projects $128.6 billion in revenue for fiscal 2025, a 112% growth compared to fiscal 2024.

Nvidia 的財務成功越來越受到其資料中心業務的推動，該業務目前佔總收入的 88%，而三年前僅為 39%。該公司預計 2025 財年營收為 1,286 億美元，比 2024 財年成長 112%。

GB200 GPUs: High Demand for Cutting-Edge Technology

GB200 GPU：尖端技術的高需求

Nvidia reported shipping 13,000 sample GB200 GPUs during its fiscal Q3 2025, with demand outstripping supply. Analysts anticipate shipments of 450,000 GB200 GPUs in the final quarter of 2024, increasing to 800,000 units in Q1 2025. Blackwell revenue is expected to surpass the company’s Hopper chips by April 2025, solidifying its dominance in the AI chip market.

Nvidia 報告稱，在 2025 財年第三季度，出貨了 13,000 個 GB200 GPU 樣品，供不應求。分析師預計2024 年最後一季GB200 GPU 的出貨量將達到45 萬個，2025 年第一季將增至80 萬個。其在AI 晶片市場的主導地位。

Impressive Financial Metrics and Stock Performance

令人印象深刻的財務指標和股票表現

Nvidia’s earnings per share (EPS) have tripled year-over-year to $2.62 over the last four quarters. Wall Street projections for fiscal 2026 suggest an EPS of $4.43, further enhancing the stock's appeal. With a forward P/E ratio of 32.6 based on fiscal 2026 estimates, analysts see potential room for stock price growth.

過去四個季度，Nvidia 的每股盈餘 (EPS) 年增兩倍，達到 2.62 美元。華爾街預測 2026 財年每股收益為 4.43 美元，進一步增強了該股的吸引力。根據 2026 財年預測，預期本益比為 32.6，分析師認為股價有潛在成長空間。

The stock currently trades within a daily range of $137.56 to $143.95, with a 52-week high of $153.13. Nvidia’s gross margin remains robust at 75.86%, and its trading volume has exceeded the average, signaling strong investor interest.

該股目前日交易價格為 137.56 美元至 143.95 美元，52 週高點為 153.13 美元。英偉達的毛利率維持在 75.86% 的強勁水平，交易量也超過了平均水平，顯示投資者的濃厚興趣。

Morgan Stanley’s Bullish Outlook

摩根士丹利看漲前景

Morgan Stanley has named Nvidia a top pick for 2025, citing the transformative potential of Blackwell chip sales and the company's unparalleled position in the AI market. With Nvidia’s focus on innovation and robust financial metrics, the company is poised to continue driving the future of technology.

摩根士丹利將 Nvidia 列為 2025 年的首選，理由是 Blackwell 晶片銷售的變革潛力以及該公司在人工智慧市場無與倫比的地位。憑藉英偉達對創新和穩健財務指標的關注，該公司準備繼續推動技術的未來。