<p><strong>英伟达</strong>(NVDA 3.91%) 的股价一直处于低迷状态。这家人工智能（AI）领军企业在 2026 财年第二季度表现强劲，但其股价在 2025 年已经大幅上涨。此外，投资者越来越担心英伟达在中国的业务可能面临困境。</p>
<p>管理层表示，在第二季度没有销售任何针对中国市场的 H20 芯片，也没有在第三季度的展望中包含任何未来销售。这让投资者感到不安，英伟达的股价在 8 月 27 日的季度报告后持续下滑，已经持续一个月。</p>
<p>然而，仍然有很大的理由持有英伟达的股票。在过去一个月中超过 8% 的价格下跌为投资者提供了更好的买入机会。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzEwNjYvYWktbGl0LXVwLW9uLWNvbXB1dGVyLWNoaXAuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="437" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzEwNjYvYWktbGl0LXVwLW9uLWNvbXB1dGVyLWNoaXAuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>英伟达面临巨大的机会——即使没有中国市场</h2>
<p>英伟达首席执行官黄仁勋可能在很大程度上导致了投资者的担忧。在 5 月的一次采访中，黄仁勋讨论了芯片出口限制，他表示，未来几年被排除在 500 亿美元的中国市场之外将是美国公司的 “巨大损失”。</p>
<p>英伟达的数据中心销售在最近一个季度仅环比增长 5%。这主要是由于缺乏中国市场的销售，与过去两年报告的季度销售环比增长相比大幅下降。但专注于中国市场的投资者忽视了更大的局面。预计整个 AI 市场在本十年剩余时间内将继续强劲增长。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzEwNjYvYWktdGVjaG5vbG9naWVzLW1hcmtldC1zaXplLXdvcmxkd2lkZS0yMDIwLTIwMzAtYnktc2VnbWVudC5wbmcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="520" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzEwNjYvYWktdGVjaG5vbG9naWVzLW1hcmtldC1zaXplLXdvcmxkd2lkZS0yMDIwLTIwMzAtYnktc2VnbWVudC5wbmcmdz03MDA"/></p>
<p>图片来源：Statista。</p>
<p>图表中的数据代表未来三年的 16.5% 的复合年增长率，以及到 2030 年约 15% 的增长率。英伟达将在满足这些需求方面发挥主导作用。即使没有中国市场的销售，英伟达仍然预计第三季度整体收入环比增长 15.6%。</p>
<p>需求依然强劲，这种趋势预计将持续数年。全球市场的前景应该让投资者有信心在英伟达股票近期下跌时进行买入。</p>

英伟达

2 倍做多英伟达 ETF - GraniteShares

南方两倍做多英伟达

南方两倍做空英伟达

英伟达期权收益策略 ETF - YieldMax

1 倍做空英伟达 ETF - Direxion

2 倍做多 NVDA ETF - T-Rex

2 倍做空 NVDA ETF - T-Rex

半导体 3 倍做多 - Direxion

<p>英伟达的股票最近因对其中国业务的担忧以及第二季度销售不足而下跌。尽管如此，整体人工智能市场预计将显著增长，英伟达预计在第三季度将实现 15.6% 的收入增长。投资者被鼓励将近期的下跌视为买入机会，因为英伟达在不断扩大的人工智能领域中仍然处于良好位置</p>

<p><strong>Nvidia</strong>(NVDA 3.91%) shares have been in a slump. The artificial intelligence (AI) leader had a strong fiscal 2026 second quarter, but the stock had already moved meaningfully higher in 2025. Additionally, investors are increasingly concerned that Nvidia's China business may be in trouble.</p>
<div class="lb-trans"><p><strong>英伟达</strong>(NVDA 3.91%) 的股价一直处于低迷状态。这家人工智能（AI）领军企业在 2026 财年第二季度表现强劲，但其股价在 2025 年已经大幅上涨。此外，投资者越来越担心英伟达在中国的业务可能面临困境。</p>
</div><p>Management said it didn't sell any of Nvidia's China-specific H20 chips in Q2, and also didn't include any future sales in its third-quarter outlook. That spooked investors, and Nvidia shares have continued a monthlong slide after its quarterly report on Aug. 27.</p>
<div class="lb-trans"><p>管理层表示，在第二季度没有销售任何针对中国市场的 H20 芯片，也没有在第三季度的展望中包含任何未来销售。这让投资者感到不安，英伟达的股价在 8 月 27 日的季度报告后持续下滑，已经持续一个月。</p>
</div><p>Yet there is still a great reason to own Nvidia shares. And the more than 8% price decline over the last month gives investors a better opportunity to buy them now.</p>
<div class="lb-trans"><p>然而，仍然有很大的理由持有英伟达的股票。在过去一个月中超过 8% 的价格下跌为投资者提供了更好的买入机会。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzEwNjYvYWktbGl0LXVwLW9uLWNvbXB1dGVyLWNoaXAuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F831066%2Fai-lit-up-on-computer-chip.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Nvidia has a massive opportunity ahead -- even without China</h2>
<div class="lb-trans"><h2>英伟达面临巨大的机会——即使没有中国市场</h2>
</div><p>Nvidia CEO Jensen Huang may be largely responsible for investor fears. In a May interview in which Huang discussed chip export restrictions, he said that being cut out of the $50 billion Chinese market over the next several years would be a &#34;tremendous loss&#34; for U.S. companies.</p>
<div class="lb-trans"><p>英伟达首席执行官黄仁勋可能在很大程度上导致了投资者的担忧。在 5 月的一次采访中，黄仁勋讨论了芯片出口限制，他表示，未来几年被排除在 500 亿美元的中国市场之外将是美国公司的 “巨大损失”。</p>
</div><p>Nvidia's data center sales only grew 5% sequentially in the most recent quarter. That was largely due to the lack of China sales and was a big drop from the sequential quarterly sales increases it had been reporting in the last two years. But investors focusing on China are overlooking the bigger picture. The overall AI market is expected to continue to grow strongly for the remainder of this decade.</p>
<div class="lb-trans"><p>英伟达的数据中心销售在最近一个季度仅环比增长 5%。这主要是由于缺乏中国市场的销售，与过去两年报告的季度销售环比增长相比大幅下降。但专注于中国市场的投资者忽视了更大的局面。预计整个 AI 市场在本十年剩余时间内将继续强劲增长。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzEwNjYvYWktdGVjaG5vbG9naWVzLW1hcmtldC1zaXplLXdvcmxkd2lkZS0yMDIwLTIwMzAtYnktc2VnbWVudC5wbmcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F831066%2Fai-technologies-market-size-worldwide-2020-2030-by-segment.png&amp;op=resize&amp;w=700"/></p>
<p>Image source: Statista.</p>
<div class="lb-trans"><p>图片来源：Statista。</p>
</div><p>The data in the chart represents a 16.5% compound annual growth rate over the next three years and about 15% through 2030. Nvidia will play a leading role in supplying those needs. Nvidia's business is broad enough for the company to still be expecting a 15.6% sequential <em>overall</em> revenue increase in Q3, even without any China sales.</p>
<div class="lb-trans"><p>图表中的数据代表未来三年的 16.5% 的复合年增长率，以及到 2030 年约 15% 的增长率。英伟达将在满足这些需求方面发挥主导作用。即使没有中国市场的销售，英伟达仍然预计第三季度整体收入环比增长 15.6%。</p>
</div><p>Demand remains strong, and that should continue for several years. The global picture should give investors confidence to buy the recent dip in Nvidia stock.</p>
<div class="lb-trans"><p>需求依然强劲，这种趋势预计将持续数年。全球市场的前景应该让投资者有信心在英伟达股票近期下跌时进行买入。</p>
</div>

Prediction: Nvidia Will Soar Over the Next 3 Years. Here's 1 Reason Why.

- Nvidia 股价近期下滑，尽管第二季度表现强劲。  
- 管理层表示第二季度未售出中国市场的 H20 芯片，导致投资者担忧。  
- 尽管面临挑战，Nvidia 仍预计第三季度收入将增长 15.6%。

预测：英伟达将在未来三年内大幅上涨。以下是其中一个原因