Guosheng Securities: Behind NVIDIA's Financial Report is the Long Logic of AI Narrative

Jinshi data news on November 24th, Guosheng Securities released a research report saying that behind the Nvidia financial report is the long-term sustainability and growth of AI hardware demand. From various perspectives such as technology-driven, demand structure, and competitive landscape, the long logic of AI narrative can be demonstrated without shaking. The Bank pointed out that in the short term, the flow of funds tends to the AI application field, and the valuation of AI hardware is suppressed. However, from the perspective of the industry cycle, the value of hardware will eventually be re-priced and return to a reasonable level. The Bank pointed out that AI applications and hardware complement each other, and the rise of hardware demand and the landing of AI applications will form a positive feedback loop.