NVDA股价将升破600美元并达到10万亿美元市值，动力来自进军CPU市场（200亿美元销售额）及更优的现金流。

For example, our latest Robin chip has ten times the bandwidth capabilities compared to the H100 chip that Nvidia used.

Many people overlook the fact that Nvidia, despite its primary focus on graphics processing units (GPUs) , expects to dominate the CPU market in favor of one or more specialized companies like AMD,

Nvidia anticipates demand for CPUs worth $20 billion in 2026 alone. So, it's somewhat interesting , but many don't view Nvidia as a leader in processors.

I think this is one of the reasons why Nvidia is a little behind. Look at this. Nvidia has brought back the 727 line today, and that's great .

If the Q platform maintains the 725 level, and Nvidia maintains the 720 level, that is, if Q maintains the 725 level, and Nvidia maintains the 720 level, then we will rise.

If Nvidia is forecasting—how would I put it?— $20 billion in CPU sales by the end of 2026, it's worth noting that AMD's total sales over three months were around $11.5 billion.

So, Nvidia is forecasting roughly six months' worth of sales in a sector where it generated virtually no revenue a year ago, making AMD—or Nvidia is a true competitor to AMD in the CPU market .

Just look at the benchmark results . Their Helios system, compared to Vera Rubin, boasts 50% more high-bandwidth memory, 50% more scalable bandwidth, and 10-15 % faster processing speeds.

So, Helios is a great product compared to Vera Rubin, especially given the current high demand for these CPUs . They have a high-quality product, and in some benchmarks, AMD outperforms Nvidia's GPUs.

The more Nvidia and Apple focus on competing with AMD in the processor market, the more intense the competition becomes. Nvidia is also seeking to capture a share of this target market because it recognizes the importance of focusing on active AI opportunities.

Its current goal is to reach 50% of AMD's processor market share by 2030, but it's currently below that. By a small margin , at around 30%.

However, Nvidia anticipates significant revenue growth , with AMD projecting a 72% increase in revenue between now and next year, reaching $88 billion annually. If we compare this annual figure to Nvidia's data center revenue alone, we find that Nvidia generates the equivalent of AMD's entire revenue in a single quarter.

Nvidia is five times larger than AMD in terms of market capitalization . but this is why people are asking: if the next stage is CPUs, and Nvidia is valued at $5 trillion , what's stopping AMD from rising to the same level?

Nvidia recognizes this trend, which is why it's entering the CPU market , making it a major player . Then there's Nvidia.

This is where Nvidia has a comparative advantage.

Nvidia, on the other hand, has commitments of $334 billion over roughly the same time period . That means Nvidia has 11 times the guaranteed supply, which is five times larger.

The PC CPU market is relatively weak, and the gaming market is declining for most manufacturers and designers, including Nvidia. Therefore, memory prices are still rising. That's why AMD and Nvidia are racing to acquire as much computing power as possible right now.

But Nvidia is already doing that. You know, they're getting twice as much as AMD, probably because they have more money to pay; they can write bigger checks. But it's worth noting that Nvidia's gross revenue is 75%, while AMD's net revenue was 17.2% after a loss. Nvidia's net revenue is 63%.

But if we look at the income statement, we see that the income Nvidia's operating income is $63 billion. That's 30 times AMD's quarterly operating income.

I'm not saying this to suggest Nvidia is better, but rather to explain why the market believes AMD has significant growth potential. However, I feel Nvidia is lagging behind , almost as if it hasn't been part of the competition.

Nvidia's valuation is currently very low , a fraction of AMD's. AMD's stock is currently trading at its recent high with a price-to-earnings ratio of 1.5 to 1.6, while Nvidia's is trading at a price-to-earnings ratio closer to 1 or 0.7.

Is it possible, then, that Nvidia's stock will catch up with AMD's, or that AMD's growth will slow? Perhaps.

As for comparing that to Nvidia, I haven't done that yet. Let's take a look. Nvidia averaged around 59 for the week and 58 that day. So, you can see, from a relative comparison, how far behind Nvidia is.

The competition between AMD and ARM will be fierce over the x86 architecture, as ARM is the preferred choice for Apple and Nvidia, and will likely remain so, as they strive to dominate the CPU market.

Regarding partnerships, which is truly interesting, we have a partnership between Apple and Nvidia with ARM, and Google is working on an Exxon chip with processors.

This devalues the stock, but it's fair to say it's a different form of circular financing than what Nvidia does, which invests directly in companies with excess cash flow—far greater than AMD's—and then creates demand as a result.

Look here; this is Nvidia's cash flow statement. If you look at their stock and bond purchases, they bought $42 billion worth of other people's stock or $21 billion of their own debt in just the six months ending July 20. Their free cash flow is $70 billion.

AMD can't do that; they simply don't have those assets. If you look at their free cash flow, it's only $4 billion in six months. That means Nvidia's cash flow is 17.5 times richer.

"Okay, that's fine. It's true that AMD doesn't have Nvidia's profit margins, but it's striving to reach them. That's the point. We've already touched on those profit margins, where it's 62% net compared to AMD's 17%. That's the growth side.

Some people think Nvidia is completely superior in terms of profit margins and capabilities. But they forget that Nvidia has an entire CPU business that started from scratch to compete with AMD.

Remember, Nvidia is projected to sell 20 billion CPUs in the overall market, even if we double its current data center sales. Let's say we double that number and convert it to annual sales.

Let's say data center sales in the first quarter were 6.6 billion. Let's say 6.7 billion x 4. That equals 26.8 billion. Let's double that number, and let's be very generous. That means 53 billion CPUs in 2027.

Nvidia expects to sell 20 billion units in 2026. Let's say it That will increase that number by 50%. That's $30 billion.

In robotics, you want Cerberus and Nvidia. Those are your two most important robotics investments.

I'm expecting Nvidia's stock to go above $600, and that will probably make it The first company to reach a $10 trillion market capitalization. And frankly, it deserves it.

Its profit margins aren't as good as Nvidia's, so we should expect a slightly lower rise based on its price-to-growth ratio (PEG), but that still justifies a share price of around $944.

You see, many stocks have doubled in value, like Nvidia, and I think AMD will easily double as well. In my opinion, AMD is still up by 50%. Oh, it has a lot of momentum right now.

like Nvidia, Now, to be fair, we're comparing a newer product to an older one, so there's still some work to be done, even though Vera is still a relatively new chip for Nvidia.

But that's the competitive side. We've talked about Helios, the rack system. Nvidia will probably win in the full rack system. And there's such a shortage that they're all winning, frankly, so it doesn't matter.

We've talked about Intel. We've talked about ARM. We've talked about Nvidia's $20 billion CPU forecast, which is a positive. Just remember, growth rates will probably look higher for Nvidia because they're starting from scratch.

So, you're talking about almost infinite growth . And now, Jensen says, "Yeah, the growth rate we projected at 70% for the company as a whole is likely to double."

Just remember, growth rates will probably look higher for Nvidia because they're starting from scratch. So, you're talking about almost infinite growth. And now, Jensen says, "Yeah, the growth rate we projected at 70% for the company as a whole is likely to double."

We're still in the early stages for Nvidia, which is odd because it's a five-billion-dollar company,

I feel like AMD and Nvidia are the winners right now, but that's amazing.