<p>對於 <strong>Nvidia</strong>（NVDA +1.18%）投資者來説，2026 年是一個令人沮喪的年份，因為這家科技巨頭的股票迄今為止幾乎沒有任何漲幅。相比之下，<strong>PHLX 半導體行業</strong> 指數今年的漲幅達到了驚人的 79%。</p>
<p>然而，很難為 Nvidia 在 2026 年上半年的表現不佳辯護。該公司有望在本財年交出更好的業績，得益於對其芯片的人工智能（AI）驅動需求。那麼，市場會給予 Nvidia 足夠的認可，以幫助其股票在 2026 年下半年反彈嗎？</p>
<p>讓我們來看看。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NzY3MTQvbnZkYV90bWYucG5nJnc9Mzg0MA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NzY3MTQvbnZkYV90bWYucG5nJnc9Mzg0MA"/></p>
<p>圖片來源：The Motley Fool。</p>
<h2>Nvidia 的 Vera Rubin 芯片可能成為股票的催化劑</h2>
<p>Nvidia 準備在今年秋季開始發貨其下一代 Vera Rubin 處理器。該公司最近指出，Vera Rubin 芯片系統目前已進入全面生產階段，對這些芯片的需求似乎相當健康。我這樣説是因為 Nvidia 在今年早些時候提到，它有 1 萬億美元的訂單管道 用於 2026 年和 2027 年的 Blackwell 和 Vera Rubin 芯片架構。</p>
<p>展開</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nJnc9MTI4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Nvidia 股票報價" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nJnc9MTI4"/></p>
<h2>NASDAQ: NVDA</h2>
<p>Nvidia</p>
<p>今日變動</p>
<p>(1.18%) $2.27</p>
<p>當前價格</p>
<p>$194.80</p>
<h3>關鍵數據點</h3>
<p>市值</p>
<p>$4.7 萬億</p>
<p>日內區間</p>
<p>$192.00 - $196.18</p>
<p>52 周區間</p>
<p>$151.49 - $236.54</p>
<p>成交量</p>
<p>572.8K</p>
<p>平均成交量</p>
<p>161.5M</p>
<p>毛利率</p>
<p>74.15%</p>
<p>股息收益率</p>
<p>0.15%</p>
<p>這比它預計在 2025 年和 2026 年獲得的 5000 億美元訂單大幅提升。相當一部分訂單可能是針對 Rubin 處理器的。這是因為 Nvidia 聲稱 Vera Rubin 在每瓦特的性能上將比 Blackwell 系統高出 10 倍，正如 CNBC 所報道的。因此，很容易看出像 <strong>Meta Platforms</strong>、Anthropic、OpenAI、<strong>Amazon</strong>、<strong>Microsoft</strong> 和 Google 等公司準備部署這些芯片來處理數據中心的 AI 工作負載。</p>
<p>更重要的是，市場研究和分析公司 The Futurum Group 預計 Nvidia 將把 Vera Rubin 系統的價格提高 25%。因此，Nvidia 的利潤率可能會改善，導致今年收益大幅增長。值得注意的是，Nvidia 的收益預計將在 2027 財年（截至 2027 年 1 月）增長 88%，達到每股 8.96 美元。</p>
<p>這將是 Nvidia 在 2026 財年實現 60% 收益增長的顯著提升。IDC 預測，半導體行業的收入在 2026 年可能增長 53%，達到 1.29 萬億美元。與此同時，Nvidia 在本財年可能見證 82% 的收入增長，達到 3920 億美元。因此，Nvidia 的收益有可能比整體半導體市場增長得更快。畢竟，其營收增長有望超過行業水平，而 Vera Rubin 系統價格的潛在上漲可能導致收益的增長超過分析師的預期。</p>
<p>這正是為什麼在 2026 年上半年表現不佳後，購買 Nvidia 可能是一個明智的選擇。</p>
<h2>目前股票價格太便宜，無法忽視</h2>
<p>以 29 倍的市盈率計算，Nvidia 股票 現在絕對是個便宜貨。<strong>iShares 半導體 ETF</strong>，該 ETF 追蹤並投資於半導體公司，交易時的市盈率高達 75 倍。這種低估值可能為 Nvidia 在下半年強勁的牛市鋪平道路。</p>
<p>假設到財年末其市盈率達到 40 倍，並且每股收益達到 8.96 美元，Nvidia 的股價可能會飆升至 358 美元。這是 85% 的潛在上漲，這就是為什麼在 2026 年下半年開始反彈之前，購買這隻 AI 股票 是個好主意。</p>

英偉達

2 倍做空 NVDA ETF - T-Rex

2 倍做多 NVDA ETF - T-Rex

<p>儘管在 2026 年初強勁的人工智能需求下，英偉達的股票表現不及半導體行業，但該公司即將發貨下一代 Vera Rubin 芯片，擁有 1 萬億美元的訂單管道，並預計價格上漲將提升利潤率。分析師預計 2027 財年的盈利增長將達到 88%。英偉達的市盈率為 29，而行業的市盈率為 75，因此被認為被低估，這暗示下半年有顯著上漲的潛力</p>

<p>It has been a frustrating year for <strong>Nvidia</strong>( NVDA +1.18%) investors, as the tech giant's shares have barely delivered any gains so far in 2026. The <strong>PHLX Semiconductor Sector</strong> index, for comparison, has registered remarkable gains of 79% this year.</p>
<div class="lb-trans"><p>對於 <strong>Nvidia</strong>（NVDA +1.18%）投資者來説，2026 年是一個令人沮喪的年份，因為這家科技巨頭的股票迄今為止幾乎沒有任何漲幅。相比之下，<strong>PHLX 半導體行業</strong> 指數今年的漲幅達到了驚人的 79%。</p>
</div><p>However, it is difficult to justify Nvidia's underperformance in the first half of 2026. The company is on track to deliver better results this fiscal year, driven by the artificial intelligence (AI)-fueled demand for its chips. So, will the market give Nvidia enough credit for its impressive financial performance and help the stock rally in the second half of 2026?</p>
<div class="lb-trans"><p>然而，很難為 Nvidia 在 2026 年上半年的表現不佳辯護。該公司有望在本財年交出更好的業績，得益於對其芯片的人工智能（AI）驅動需求。那麼，市場會給予 Nvidia 足夠的認可，以幫助其股票在 2026 年下半年反彈嗎？</p>
</div><p>Let's find out.</p>
<div class="lb-trans"><p>讓我們來看看。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NzY3MTQvbnZkYV90bWYucG5nJnc9Mzg0MA" alt="Nvidia company name and logo in white on a green background." original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F876714%2Fnvda_tmf.png&amp;w=3840&amp;op=resize"/></p>
<p>Image source: The Motley Fool.</p>
<div class="lb-trans"><p>圖片來源：The Motley Fool。</p>
</div><h2>Nvidia's Vera Rubin chips could be a catalyst for the stock</h2>
<div class="lb-trans"><h2>Nvidia 的 Vera Rubin 芯片可能成為股票的催化劑</h2>
</div><p>Nvidia is all set to begin shipments of its next-generation Vera Rubin processors this fall. The company recently noted that Vera Rubin chip systems are now in full production, and demand for these chips appears to be quite healthy. I say this because Nvidia noted earlier this year that it has a $1 trillion order pipeline for the Blackwell and Vera Rubin chip architectures for 2026 and 2027.</p>
<div class="lb-trans"><p>Nvidia 準備在今年秋季開始發貨其下一代 Vera Rubin 處理器。該公司最近指出，Vera Rubin 芯片系統目前已進入全面生產階段，對這些芯片的需求似乎相當健康。我這樣説是因為 Nvidia 在今年早些時候提到，它有 1 萬億美元的訂單管道 用於 2026 年和 2027 年的 Blackwell 和 Vera Rubin 芯片架構。</p>
</div><p>Expand</p>
<div class="lb-trans"><p>展開</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nJnc9MTI4" alt="Nvidia Stock Quote" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FNVDA.png&amp;w=128&amp;op=resize"/></p>
<h2>NASDAQ: NVDA</h2>
<div class="lb-trans"><h2>NASDAQ: NVDA</h2>
</div><p>Nvidia</p>
<div class="lb-trans"><p>Nvidia</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日變動</p>
</div><p>(1.18%) $2.27</p>
<div class="lb-trans"><p>(1.18%) $2.27</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>當前價格</p>
</div><p>$194.80</p>
<div class="lb-trans"><p>$194.80</p>
</div><h3>Key Data Points</h3>
<div class="lb-trans"><h3>關鍵數據點</h3>
</div><p>Market Cap</p>
<div class="lb-trans"><p>市值</p>
</div><p>$4.7T</p>
<div class="lb-trans"><p>$4.7 萬億</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日內區間</p>
</div><p>$192.00 - $196.18</p>
<div class="lb-trans"><p>$192.00 - $196.18</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周區間</p>
</div><p>$151.49 - $236.54</p>
<div class="lb-trans"><p>$151.49 - $236.54</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>572.8K</p>
<div class="lb-trans"><p>572.8K</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>161.5M</p>
<div class="lb-trans"><p>161.5M</p>
</div><p>Gross Margin</p>
<div class="lb-trans"><p>毛利率</p>
</div><p>74.15%</p>
<div class="lb-trans"><p>74.15%</p>
</div><p>Dividend Yield</p>
<div class="lb-trans"><p>股息收益率</p>
</div><p>0.15%</p>
<div class="lb-trans"><p>0.15%</p>
</div><p>That's a significant upgrade over the $500 billion worth of orders it was anticipating for 2025 and 2026. A nice chunk of those orders is likely to be for the Rubin processors. That's because Nvidia claims that Vera Rubin will deliver 10 times higher performance per watt over Blackwell systems, as reported by CNBC. So, it is easy to see why companies such as <strong>Meta Platforms</strong>, Anthropic, OpenAI, <strong>Amazon</strong>, <strong>Microsoft</strong>, and Google are poised to deploy these chips to run AI workloads in data centers.</p>
<div class="lb-trans"><p>這比它預計在 2025 年和 2026 年獲得的 5000 億美元訂單大幅提升。相當一部分訂單可能是針對 Rubin 處理器的。這是因為 Nvidia 聲稱 Vera Rubin 在每瓦特的性能上將比 Blackwell 系統高出 10 倍，正如 CNBC 所報道的。因此，很容易看出像 <strong>Meta Platforms</strong>、Anthropic、OpenAI、<strong>Amazon</strong>、<strong>Microsoft</strong> 和 Google 等公司準備部署這些芯片來處理數據中心的 AI 工作負載。</p>
</div><p>What's more, Nvidia is expected to increase the price of Vera Rubin systems by 25%, according to market research and analysis firm The Futurum Group. So, Nvidia's margin profile could improve, leading to a stronger jump in earnings this year. What's worth noting is that Nvidia's earnings are predicted to increase by 88% in fiscal 2027 (which ends in January 2027) to $8.96 per share.</p>
<div class="lb-trans"><p>更重要的是，市場研究和分析公司 The Futurum Group 預計 Nvidia 將把 Vera Rubin 系統的價格提高 25%。因此，Nvidia 的利潤率可能會改善，導致今年收益大幅增長。值得注意的是，Nvidia 的收益預計將在 2027 財年（截至 2027 年 1 月）增長 88%，達到每股 8.96 美元。</p>
</div><p>That would be a significant step-up from the 60% earnings growth Nvidia delivered in fiscal 2026. IDC forecasts that the semiconductor industry's revenue could jump by 53% in 2026 to $1.29 trillion. Nvidia, meanwhile, could witness an 82% jump in revenue this fiscal year to $392 billion. So, there is a likelihood that Nvidia's earnings will grow faster than the overall semiconductor market this year. After all, its top-line growth is poised to outpace the industry, and a potential increase in the price of its Vera Rubin systems could lead to a larger increase in earnings than analysts project.</p>
<div class="lb-trans"><p>這將是 Nvidia 在 2026 財年實現 60% 收益增長的顯著提升。IDC 預測，半導體行業的收入在 2026 年可能增長 53%，達到 1.29 萬億美元。與此同時，Nvidia 在本財年可能見證 82% 的收入增長，達到 3920 億美元。因此，Nvidia 的收益有可能比整體半導體市場增長得更快。畢竟，其營收增長有望超過行業水平，而 Vera Rubin 系統價格的潛在上漲可能導致收益的增長超過分析師的預期。</p>
</div><p>This is precisely why buying Nvidia could prove a smart move after its poor performance in the first half of 2026.</p>
<div class="lb-trans"><p>這正是為什麼在 2026 年上半年表現不佳後，購買 Nvidia 可能是一個明智的選擇。</p>
</div><h2>The stock is too cheap to ignore right now</h2>
<div class="lb-trans"><h2>目前股票價格太便宜，無法忽視</h2>
</div><p>With a price-to-earnings ratio of 29, Nvidia stock is an absolute bargain right now. The <strong>iShares Semiconductor ETF</strong>, which tracks and invests in semiconductor companies, trades at a much more expensive 75 times earnings. This cheap valuation could pave the way for a strong bull run in Nvidia in the second half of the year.</p>
<div class="lb-trans"><p>以 29 倍的市盈率計算，Nvidia 股票 現在絕對是個便宜貨。<strong>iShares 半導體 ETF</strong>，該 ETF 追蹤並投資於半導體公司，交易時的市盈率高達 75 倍。這種低估值可能為 Nvidia 在下半年強勁的牛市鋪平道路。</p>
</div><p>Assuming it trades at even 40 times earnings by the end of the fiscal year and clocks $8.96 in earnings per share, Nvidia's stock price could jump to $358. That's a potential upside of 85%, which is why it would be a good idea to buy this AI stock before it starts rallying in the second half of 2026.</p>
<div class="lb-trans"><p>假設到財年末其市盈率達到 40 倍，並且每股收益達到 8.96 美元，Nvidia 的股價可能會飆升至 358 美元。這是 85% 的潛在上漲，這就是為什麼在 2026 年下半年開始反彈之前，購買這隻 AI 股票 是個好主意。</p>
</div>

Nvidia Stock Has Underperformed the Semiconductor Sector in 2026. Will It Skyrocket in the Second Half?

- 英偉達股票在 2026 年上半年幾乎沒有漲幅，表現不佳。  
- 公司預計因人工智能需求推動，實現 2026 財政年度收入 3920 億美元。  
- 準備推出的 Vera Rubin 處理器將顯著提升性能和收益，股價有望上漲。

Motley Fool

2 倍做多英偉達 ETF - Direxion

南方兩倍做空英偉達

1 倍做空英偉達 ETF - Direxion

1.5 倍做空英偉達 ETF - Tradr

ProShares Ultra NVDA

南方兩倍做多英偉達

2 倍做空 NVDA ETF - GraniteShares

英偉達期權收益策略 ETF - YieldMax

2 倍做多英偉達 ETF - GraniteShares

2 倍做多英偉達 ETF - Leverage Shares

Leverage Shares 2x Cpd Acclrtd NVDAMnETF

NVDA 週配息 ETF - Roundhill​

GraniteShares YieldBOOST NVDA ETF

xETFs NVDA Daily Income ETF

NVDA 期權收益策略 ETF - YieldMax

XI二南英偉-U

2 倍做多 MAG7 指數 ETF - Roundhill

半導體 ETF - VanEck Vectors

費城交易所 半導體 ETF - iShares

半導體 3 倍做多 - Direxion

Invesco PHLX Semiconductor ETF

標普半導體 ETF - SPDR

動態半導體 ETF - Invesco

納斯達克半導體 ETF - First Trust

OpenAI

亞馬遜

微軟

谷歌-A

NVIDIA Corporation

谷歌-C

英偉達的股票在 2026 年表現遜於半導體板塊。它會在下半年大幅上漲嗎？