<p>隨着 2025 年最後一週的到來，投資者和分析師們紛紛回顧這一年，以向贏家致敬。<strong>英偉達公司 (NASDAQ:NVDA)</strong> 是那些豐厚回報投資者的公司之一。</p>
<h3>在這個假期季節，TipRanks 限時七折優惠</h3>
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<li>解鎖對沖基金級別的數據和強大的投資工具，以做出更聰明、更精準的決策</li>
<li>通過最新的新聞和分析保持市場領先，最大化您的投資組合潛力</li>
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<p>事實上，NVDA 的股價年初至今上漲了約 40%，而其在年末的強勁表現（自 4 月初觸底以來翻了一番以上）更是一個特別亮眼的亮點。</p>
<p>然而，關於人工智能泡沫的擔憂正在加劇，給市場情緒帶來了一些陰影。儘管英偉達並未全身而退，但最近的跡象表明，該公司可能能夠將其 H200 芯片運送到中國，這在過去幾天內又推動了股價的上漲。</p>
<p>儘管頂級投資者 Daniel Sparks 承認英偉達在競爭中依然遙遙領先，但他計劃在未來一年中採取退後一步的策略。</p>
<p>&#34;我不會在 2026 年之前購買英偉達的股票，&#34;這位 5 星級投資者表示，他是 TipRanks 覆蓋的前 1% 股票專家之一。</p>
<p>Sparks 列出了三個主要原因，説明為什麼英偉達不會出現在他今年的假日購物清單上。</p>
<p>第一個原因是其對少數客户的依賴。Sparks 引用了該公司最新的季度報告，其中提到一位直接客户佔總收入的 22%。總的來説，英偉達的四個客户佔總銷售額的 60% 以上。</p>
<p>Sparks 的另一個擔憂是競爭加劇，這位投資者指出，英偉達的一些客户正在尋找替代方案。例如，Sparks 提到 Alphabet 和亞馬遜都在開發自己的芯片。</p>
<p>Sparks 的三大擔憂之一是 NVDA 的估值，其市盈率約為 45 倍。投資者指出，這遠高於 Alphabet、亞馬遜和微軟等 “更具多樣化的科技巨頭”，這些公司的市盈率都在低 30 倍。</p>
<p>儘管他強調英偉達有很多值得讚賞的地方，但對 Sparks 來説，價格就是不合適。</p>
<p>&#34;這隻股票是否已經飆升得太高，使得即使業務運轉良好，股票也變得不具吸引力？我認為是的，&#34;Sparks 補充道。（要查看 Daniel Sparks 的業績記錄，請點擊這裏）</p>
<p>然而，這並不是華爾街的普遍看法。NVDA 以 39 個買入評級、僅 1 個持有和 1 個賣出評級，獲得了強烈買入的共識評級。其 12 個月的平均目標價為 263.58 美元，這將在未來一年內轉化為接近 40% 的收益。（見 <strong>NVDA 股票預測</strong>）</p>

英偉達

2 倍做多英偉達 ETF - GraniteShares

南方兩倍做多英偉達

南方兩倍做空英偉達

英偉達期權收益策略 ETF - YieldMax

1 倍做空英偉達 ETF - Direxion

2 倍做多 NVDA ETF - T-Rex

2 倍做空 NVDA ETF - T-Rex

半導體 3 倍做多 - Direxion

<p>頂級投資者 Daniel Sparks 在 2026 年之前並不打算購買英偉達的股票，儘管其在 2025 年的表現強勁。Sparks 指出，英偉達對少數客户的依賴、競爭加劇以及高估值是他做出這一決定的原因。儘管英偉達仍然表現出色，Sparks 認為該股票的價格已經飆升得過高</p>

<p>As the final week of 2025 dawns, investors and analysts alike are looking back on the year that was to salute the winners. <strong>Nvidia Corporation (NASDAQ:NVDA)</strong> was among those companies that rewarded investors handsomely.</p>
<div class="lb-trans"><p>隨着 2025 年最後一週的到來，投資者和分析師們紛紛回顧這一年，以向贏家致敬。<strong>英偉達公司 (NASDAQ:NVDA)</strong> 是那些豐厚回報投資者的公司之一。</p>
</div><h3>Claim 70% Off TipRanks This Holiday Season</h3>
<div class="lb-trans"><h3>在這個假期季節，TipRanks 限時七折優惠</h3>
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<li>Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions</li>
<li>Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential</li>
</ul>
<div class="lb-trans"><ul>
<li>解鎖對沖基金級別的數據和強大的投資工具，以做出更聰明、更精準的決策</li>
<li>通過最新的新聞和分析保持市場領先，最大化您的投資組合潛力</li>
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</div><p>Indeed, NVDA's share price is up some 40% year-to-date, and its blistering performance during the latter part of the year (more than doubling since hitting an early April low) has been a particularly bright spot.</p>
<div class="lb-trans"><p>事實上，NVDA 的股價年初至今上漲了約 40%，而其在年末的強勁表現（自 4 月初觸底以來翻了一番以上）更是一個特別亮眼的亮點。</p>
</div><p>Worries of an AI bubble have been gaining steam, however, putting a bit of a damper on market sentiment. Though Nvidia hasn't escaped unscathed, recent indications that the company will likely be able to ship its H200 chips to China helped give the share price another bump during the past few days.</p>
<div class="lb-trans"><p>然而，關於人工智能泡沫的擔憂正在加劇，給市場情緒帶來了一些陰影。儘管英偉達並未全身而退，但最近的跡象表明，該公司可能能夠將其 H200 芯片運送到中國，這在過去幾天內又推動了股價的上漲。</p>
</div><p>While top investor Daniel Sparks acknowledges that Nvidia remains head and shoulders above the competition, he's planning on taking a step back in the year ahead.</p>
<div class="lb-trans"><p>儘管頂級投資者 Daniel Sparks 承認英偉達在競爭中依然遙遙領先，但他計劃在未來一年中採取退後一步的策略。</p>
</div><p>&#34;I'm not buying Nvidia stock headed into 2026,&#34; declares the 5-star investor, who is among the top 1% of stock pros covered by TipRanks.</p>
<div class="lb-trans"><p>&#34;我不會在 2026 年之前購買英偉達的股票，&#34;這位 5 星級投資者表示，他是 TipRanks 覆蓋的前 1% 股票專家之一。</p>
</div><p>Sparks lists three main reasons why Nvidia won't be on his holiday shopping list this year.</p>
<div class="lb-trans"><p>Sparks 列出了三個主要原因，説明為什麼英偉達不會出現在他今年的假日購物清單上。</p>
</div><p>The first is its dependency on a small group of customers. Sparks cites the company's latest quarterly report, during which it shared that one direct customer accounted for 22% of total revenue. All told, four of Nvidia's clients account for more than 60% of total sales.</p>
<div class="lb-trans"><p>第一個原因是其對少數客户的依賴。Sparks 引用了該公司最新的季度報告，其中提到一位直接客户佔總收入的 22%。總的來説，英偉達的四個客户佔總銷售額的 60% 以上。</p>
</div><p>Another one of Sparks' concerns revolves around increasing competition, and the investor points out that some of Nvidia's customers are looking for alternatives. For instance, Sparks notes that both Alphabet and Amazon are developing their own chips.</p>
<div class="lb-trans"><p>Sparks 的另一個擔憂是競爭加劇，這位投資者指出，英偉達的一些客户正在尋找替代方案。例如，Sparks 提到 Alphabet 和亞馬遜都在開發自己的芯片。</p>
</div><p>Rounding out Sparks' trio of trepidations is NVDA's valuation, which has a price-to-earnings ratio of roughly 45x. The investor notes that this is much higher than &#34;more diversified tech giants&#34; such as Alphabet, Amazon, and Microsoft, all of which are in the low thirties.</p>
<div class="lb-trans"><p>Sparks 的三大擔憂之一是 NVDA 的估值，其市盈率約為 45 倍。投資者指出，這遠高於 Alphabet、亞馬遜和微軟等 “更具多樣化的科技巨頭”，這些公司的市盈率都在低 30 倍。</p>
</div><p>Though he emphasizes that there's plenty to like about Nvidia, for Sparks, the price just isn't right.</p>
<div class="lb-trans"><p>儘管他強調英偉達有很多值得讚賞的地方，但對 Sparks 來説，價格就是不合適。</p>
</div><p>&#34;Has the stock soared too high, making shares unattractive even though the business is firing on all cylinders? I think so,&#34; adds Sparks. (To watch Daniel Sparks' track record, click here)</p>
<div class="lb-trans"><p>&#34;這隻股票是否已經飆升得太高，使得即使業務運轉良好，股票也變得不具吸引力？我認為是的，&#34;Sparks 補充道。（要查看 Daniel Sparks 的業績記錄，請點擊這裏）</p>
</div><p>That's not exactly a popular opinion on Wall Street, however. With 39 Buys and just 1 Hold and 1 Sell, NVDA cruises to a Strong Buy consensus rating. Its 12-month average price target of $263.58 would translate into gains just shy of 40% in the year ahead. (See <strong>NVDA stock forecast</strong>)</p>
<div class="lb-trans"><p>然而，這並不是華爾街的普遍看法。NVDA 以 39 個買入評級、僅 1 個持有和 1 個賣出評級，獲得了強烈買入的共識評級。其 12 個月的平均目標價為 263.58 美元，這將在未來一年內轉化為接近 40% 的收益。（見 <strong>NVDA 股票預測</strong>）</p>
</div>

'I'm Not Buying It,' Says Top Investor About Nvidia Stock

- Nvidia 股價年初至今上漲約 40%，表現強勁。  
- 投資者 Sparks 由於對客户依賴、競爭加劇及估值過高表示擔憂。  
- 儘管存在擔憂，Nvidia 仍受到市場追捧，獲得強買評級。

頂級投資者表示：‘我不看好’ 英偉達的股票