<p>如果你认为 <strong>英伟达</strong>（NVDA 5.27%）是一家年轻公司，你是可以被原谅的。成熟企业的股票在市场上存在几年后突然飙升是很少见的。但英伟达实际上是在 1999 年上市的。在生成性人工智能（AI）推动其股价上涨之前，它已经稳步增长了许多年，但它并不算是家喻户晓的名字。</p>
<p>不过，在过去两年中，随着生成性 AI 成为日常用语，它的股价上涨了 374%。业余分析师们一直在剖析英伟达的持续潜力。这个涨势结束了吗？今天还值得购买吗？不，值得，顺序如此。原因如下。</p>
<h2>难以估量的潜力</h2>
<p>关于 AI 机会的规模有各种估计，但它们有一个共同点：这将是一个巨大的市场。麦肯锡估计长期机会为 4.4 万亿美元。根据与 <strong>亚马逊</strong> 网络服务（AWS）合作的《哈佛商业评论》研究，81% 的受访者表示生成性 AI 将改变他们的行业，83% 的人认为如果不使用它，他们将会落后。</p>
<p>英伟达制造推动生成性 AI 的硬件。虽然有竞争对手，但英伟达是明显的领导者，像亚马逊和 <strong>谷歌</strong> 这样的合作伙伴依赖它来支持他们的竞争性 AI 项目。</p>
<p>市场对英伟达最新的财报充满悬念，担心在新竞争和已经高企的销售情况下，增长可能会放缓。该公司通过一份强劲的财报消除了任何放缓的想法，显示出收入同比增长 78%，每股收益（EPS）增长 8%。</p>
<p>几个月前，当 DeepSeek 的消息使英伟达股价暴跌时，英伟达首席执行官黄仁勋聪明地指出，该领域的进展对所有参与者都是一种胜利。随着生成性 AI 在几乎每个行业扎根，英伟达的产品变得更加重要，其市场也变得更大。</p>

英伟达

<p>英伟达是一家于 1999 年上市的公司，因生成性人工智能的兴起，其股票在过去两年中飙升了 374%。尽管对竞争和增长放缓的担忧存在，英伟达仍报告了 78% 的年同比收入增长和 8% 的每股收益增长。随着人工智能市场预计将达到 4.4 万亿美元，英伟达在提供所需硬件方面仍然处于领先地位，使其成为一个引人注目的投资机会</p>

<p>You could be forgiven if you thought that <strong>Nvidia</strong>(NVDA 5.27%) was a young company. It's rare for the stock of a mature business to suddenly take off after it's been on the market for a few years. But Nvidia actually went public in 1999. It had been a solid gainer for many years before generative artificial intelligence (AI) set it off higher, but it was hardly a household name.</p>
<div class="lb-trans"><p>如果你认为 <strong>英伟达</strong>（NVDA 5.27%）是一家年轻公司，你是可以被原谅的。成熟企业的股票在市场上存在几年后突然飙升是很少见的。但英伟达实际上是在 1999 年上市的。在生成性人工智能（AI）推动其股价上涨之前，它已经稳步增长了许多年，但它并不算是家喻户晓的名字。</p>
</div><p>Over the past two years, though, it's gained 374% as generative AI becomes part of regular parlance. Armchair analysts have been dissecting Nvidia's continued potential. Is the ride over? Is it still worth buying today? No, and yes, in that order. Here's why.</p>
<div class="lb-trans"><p>不过，在过去两年中，随着生成性 AI 成为日常用语，它的股价上涨了 374%。业余分析师们一直在剖析英伟达的持续潜力。这个涨势结束了吗？今天还值得购买吗？不，值得，顺序如此。原因如下。</p>
</div><h2>Inestimable potential</h2>
<div class="lb-trans"><h2>难以估量的潜力</h2>
</div><p>There are varied estimates for how big the AI opportunity is going to be, but they have one thing in common: It's going to be BIG. McKinsey estimates the long-term opportunity at $4.4 trillion. According to a <em>Harvard Business Review</em> study in collaboration with <strong>Amazon</strong> Web Services (AWS), 81% of respondents say Generative AI is going to transform their industry, and 83% feel that if they don't use it, they're going to fall behind.</p>
<div class="lb-trans"><p>关于 AI 机会的规模有各种估计，但它们有一个共同点：这将是一个巨大的市场。麦肯锡估计长期机会为 4.4 万亿美元。根据与 <strong>亚马逊</strong> 网络服务（AWS）合作的《哈佛商业评论》研究，81% 的受访者表示生成性 AI 将改变他们的行业，83% 的人认为如果不使用它，他们将会落后。</p>
</div><p>Nvidia makes the hardware that powers generative AI. There are competitors, but Nvidia is the clear leader, and partners like Amazon and <strong>Alphabet</strong> rely on it for their competitive AI programs.</p>
<div class="lb-trans"><p>英伟达制造推动生成性 AI 的硬件。虽然有竞争对手，但英伟达是明显的领导者，像亚马逊和 <strong>谷歌</strong> 这样的合作伙伴依赖它来支持他们的竞争性 AI 项目。</p>
</div><p>The market was in suspense about Nvidia's latest earnings report, concerned that with new competition and already high sales, growth might decelerate. The company put any idea of a slowdown to rest with a blowout earnings report demonstrating a 78% year-over-year increase in revenue and an 8% increase in earnings per share (EPS).</p>
<div class="lb-trans"><p>市场对英伟达最新的财报充满悬念，担心在新竞争和已经高企的销售情况下，增长可能会放缓。该公司通过一份强劲的财报消除了任何放缓的想法，显示出收入同比增长 78%，每股收益（EPS）增长 8%。</p>
</div><p>When the DeepSeek news sent Nvidia stock tumbling a few months ago, Nvidia CEO Jensen Huang smartly observed that progress in the space was a win for all of the players. As generative AI takes a foothold in almost every industry, Nvidia's products become even more important, and its market becomes that much larger.</p>
<div class="lb-trans"><p>几个月前，当 DeepSeek 的消息使英伟达股价暴跌时，英伟达首席执行官黄仁勋聪明地指出，该领域的进展对所有参与者都是一种胜利。随着生成性 AI 在几乎每个行业扎根，英伟达的产品变得更加重要，其市场也变得更大。</p>
</div>

Think It's Too Late to Buy Nvidia? Here's the Biggest Reason Why There's Still Time.

- Nvidia 自 1999 年上市，近两年股价上涨 374%。  
- McKinsey 估计 AI 长期机会为 4.4 万亿美元。  
- Nvidia 在生成 AI 硬件领域处于领先地位，收入同比增长 78%。  

认为现在买入英伟达已经太晚了吗？以下是为什么仍然有时间的最大原因