--- title: "CITIC International stated that NVIDIA's visibility extends for several years, maintaining a \"Buy\" rating for beneficiaries Zhongji Innolight and Sytech" description: "CMB International released a research report, pointing out that NVIDIA's performance in the fourth quarter of fiscal year 2026 exceeded market expectations, with revenue and earnings per share both hi" type: "news" locale: "en" url: "https://longbridge.com/en/news/277135934.md" published_at: "2026-02-27T03:11:21.000Z" --- # CITIC International stated that NVIDIA's visibility extends for several years, maintaining a "Buy" rating for beneficiaries Zhongji Innolight and Sytech > CMB International released a research report, pointing out that NVIDIA's performance in the fourth quarter of fiscal year 2026 exceeded market expectations, with revenue and earnings per share both higher than anticipated. The report emphasizes that NVIDIA is at an AI turning point, with computing power directly translating into customer revenue. It is expected that the gross margin can be maintained at around 75% in 2026. CMB International maintains a "Buy" rating on Zhongji Innolight and Sytech, believing that both will benefit from NVIDIA's continued demand and platform upgrades CMB International Research Report indicates that American AI chip leader NVIDIA (NVDA.US) announced its Q4 fiscal year 2026 financial report, with revenue and earnings per share both exceeding market consensus expectations. Overall, the group's Q4 performance once again surpassed expectations and raised guidance, confirming strong computing demand from hyperscale data center operators, emerging cloud providers, sovereign AI, enterprises, and other fields. NVIDIA's management also emphasized that we are at a turning point for agent-based AI, where computing power can now be directly converted into customer revenue. CMB International believes that as customers increasingly interconnect decentralized data centers into integrated, hyperscale AI supercomputers, NVIDIA's networking business is evolving from a supportive component into a structural competitive moat. In terms of finance, NVIDIA expects to maintain a gross margin of around 75% for the full year 2026, benefiting mainly from significant improvements in performance per watt and unit cost efficiency, which have significantly enhanced the economic benefits of tokens. By enabling customers to generate more revenue per unit of investment, NVIDIA can make the transition of AI factories to its latest products more economically viable. CMB International maintains a "Buy" rating on Zhongji Innolight (300308.SZ) and Sytech (600183.SH), as both are direct beneficiaries of NVIDIA's ongoing demand momentum and platform upgrade cycle. (hc/) ### Related Stocks - [600183.CN - Sytech](https://longbridge.com/en/quote/600183.CN.md) - [300308.CN - Zhongji Innolight](https://longbridge.com/en/quote/300308.CN.md) - [NVDA.US - NVIDIA](https://longbridge.com/en/quote/NVDA.US.md) - [SMH.US - VanEck Semiconductor ETF](https://longbridge.com/en/quote/SMH.US.md) - [588780.CN - GTJA Allianz SSE STAR Chip Design Thematic ETF](https://longbridge.com/en/quote/588780.CN.md) - [SOXX.US - iShares Semiconductor ETF](https://longbridge.com/en/quote/SOXX.US.md) - [SOXL.US - Direxion Semicon Bull 3X](https://longbridge.com/en/quote/SOXL.US.md) - [NVDU.US - Direxion Daily NVDA Bull 2X Shares](https://longbridge.com/en/quote/NVDU.US.md) - [512480.CN - GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF](https://longbridge.com/en/quote/512480.CN.md) - [NVDX.US - T-Rex 2X Long NVIDIA Daily Target ETF](https://longbridge.com/en/quote/NVDX.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Nvidia still hasn't sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over | Nvidia has not yet sold its U.S.-approved AI chips to China, despite eased export restrictions. CFO Colette M. Kress exp | [Link](https://longbridge.com/en/news/277006343.md) | | 'As Expected,' Top Analysts Praise Nvidia's Stellar Q4 Results | Nvidia (NVDA) reported strong Q4 results, exceeding sales and earnings estimates due to rising AI demand. Analysts from | [Link](https://longbridge.com/en/news/277000180.md) | | Singtel’s Digital InfraCo accelerates sovereign AI innovations with Center of Excellence for Applied AI with NVIDIA | Singtel’s Digital InfraCo has launched a Center of Excellence (CoE) for Applied AI in collaboration with NVIDIA, aimed a | [Link](https://longbridge.com/en/news/276851857.md) | | Singtel’s Digital InfraCo, Nvidia launch applied AI centre to power Singapore’s innovation capabilities | Singtel's Digital InfraCo has launched a centre of excellence for applied AI in collaboration with Nvidia, aimed at enha | [Link](https://longbridge.com/en/news/276708466.md) | | Nvidia keeps the AI party alive with a booming quarter and even better outlook | Nvidia reported impressive quarterly results, with a 73% year-over-year revenue increase to $68.13 billion, surpassing e | [Link](https://longbridge.com/en/news/276963204.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.