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Lolalola
Lolalola
·
09-12
46.80美元
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Lolalola
Lolalola
·
09-01
能给股民多分点红么[抠鼻] [抠鼻]
英伟达手握570亿美元现金，华尔街为如何花这笔钱献计献策
英伟达公司已积累570亿美元现金储备，且规模持续增长。本财年上半年，英伟达已回购243亿美元股票。去年500亿美元回购计划宣布时，分析师们就对其合理性存在分歧。纳维利尔透露英伟达是其最大持仓之一。英伟达公布第二财季业绩后股价小幅下挫。纳维利尔称，600亿美元回购计划可能是公司自信心的体现。"鉴于英伟达未来12个月预计产生超1000亿美元自由现金流，齐诺在书面评论中称芯片制造商"将拥有额外现金用于投资其认定的机遇领域"。
英伟达手握570亿美元现金，华尔街为如何花这笔钱献计献策
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Lolalola
Lolalola
·
07-17
$FORTIOR(01304)$
卖早了，还是保守了[笑哭]
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1,040
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2
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2
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Lolalola
Lolalola
·
07-11
$宁德时代(03750)$
贪心不足蛇吞象，390+都没跑，等着上400，好了，一路下行[流泪] [流泪]
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794
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Lolalola
Lolalola
·
06-20
$三花智控(02050)$
暗盘都跌成这样，开盘后难以想象[捂脸]
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4
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Lolalola
Lolalola
·
06-18
$海天味业(03288)$
这是要破发的节奏？？？
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404
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Lolalola
Lolalola
·
06-11
$三倍做空半导体ETF-Direxion Daily(SOXS)$
陆陆续续买起来
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589
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Lolalola
Lolalola
·
06-06
128
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Lolalola
Lolalola
·
04-28
$文远知行(WRD)$
啥情况？跌成🐶了
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Lolalola
Lolalola
·
04-09
还以为能崛起了，盘前赶紧抛掉出货，结果又早了，同一个地方再跌倒一次[捂脸]
$三倍做空富时中国ETF-Direxion(YANG)$
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start;\">米克斯指出，英伟达最新推出的3500美元Blackwell架构机器人计算机Jetson Thor，表明公司"显然正定位成为黄仁勋所称物理AI领域的领导者"。对市值4万亿美元的企业而言，米克斯认为回购"影响有限"，尽管这可能有助于避免员工股票期权行权导致的股权稀释。</p><p style=\"text-align: start;\">"在这种情况下，我更希望资金被用于其他领域，"他表示。最新600亿美元回购授权没有时限，这让米克斯认为公司可能"更多是在作秀——因为公司规模如此庞大，即使执行回购，流通股数量也不会显著减少。"他补充道，英伟达或许想表明：即使股价接近历史高点，"我们仍认为有上涨空间。"</p><p style=\"text-align: start;\">米克斯始终担忧进行大规模股票回购的企业可能缺乏足够稳健的研发管线。"当下最典型的例子或许是苹果，"他指出。这家科技巨头四年来营收增长乏力，但通过股票回购减少流通股数量，仍能实现每股收益两位数增长，"仅凭此举就能获得5%至6%的增长。"今年五月，苹果公司董事会批准了追加1000亿美元普通股回购计划，此前一年刚推出1100亿美元回购计划。</p><p style=\"text-align: start;\">"我希望英伟达确实拥有产品计划，"米克斯表示，无论是自动驾驶还是机器人领域。另一方面，资产管理公司Navellier & Associates创始人路易斯·纳维利尔认为，英伟达股票回购是明智之举——特别是在地缘政治紧张局势和在华业务不确定性导致股价回调的背景下。纳维利尔透露英伟达是其最大持仓之一。</p><p style=\"text-align: start;\">英伟达公布第二财季业绩后股价小幅下挫。数据中心业务略微未达预期，以及未将中国市场纳入10月财季指引的决定，可能是导致下跌的原因。投资者原本期待公司明确本财季初被特朗普政府实质上禁止向中国客户销售H20芯片后的政策走向。本月早些时候，美国政府暗示若英伟达与美国分享部分收入可撤销禁令——但财务总监科莱特·克雷斯在财报电话会议上表示"美国政府尚未发布编纂此类要求的法规"。</p><p style=\"text-align: start;\">克雷斯称，由于持续存在的"地缘政治问题"，业绩指引未计入H20芯片收入，但若紧张局势缓解，该季度可出货20亿至50亿美元H20芯片。纳维利尔称，600亿美元回购计划可能是公司自信心的体现。"董事会持续批准回购，且规模不断扩大，这是个好信号。"除强劲现金流外，纳维利尔表示英伟达拥有"惊人的"运营利润率。尽管利润率在收缩，"但这是从70%高位下降的，"他补充道。</p><p style=\"text-align: start;\">CFRA Research股票分析师安杰洛·齐诺表示，其团队认为随着增长率持续放缓且自由现金流改善，"现金回报股东将逐渐成为投资者关注的重点。"鉴于英伟达未来12个月预计产生超1000亿美元自由现金流，齐诺在书面评论中称芯片制造商"将拥有额外现金用于投资其认定的机遇领域"。</p><p style=\"text-align: start;\">D.A. Davidson科技研究主管吉尔·卢里亚对英伟达的投资机遇持类似观点。"既然他们已在投资增长，且收购其他公司的能力非常有限，股票回购就成为部署可用资本的重要途径，"卢里亚在书面评论中表示。</p><p style=\"text-align: start;\">Futurum Group首席运营官丹·奥布莱恩表示，英伟达目前和未来的自由现金流增长意味着公司“必须采取一些措施，因为股东不会愿意看到巨额现金躺在资产负债表上仅仅赚取市场利率。”他补充道，股票回购和私募市场投资是公司资本配置"最合理的选择"。鉴于华尔街对英伟达业务和指引的预期仍然高企，奥布莱恩认为"没有比这更好的方式来传达管理层对业务长期增长潜力的信心了"——这表明他们认为股票长期处于低估状态。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>英伟达手握570亿美元现金，华尔街为如何花这笔钱献计献策</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n英伟达手握570亿美元现金，华尔街为如何花这笔钱献计献策\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2025-09-01 13:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">英伟达公司已积累570亿美元现金储备，且规模持续增长。这家芯片制造商上周宣布将股票回购计划增加至创纪录的600亿美元，再度引发华尔街关于此举对一家市值4万亿美元企业是否合理的辩论。</p><p style=\"text-align: start;\">本财年上半年，英伟达已回购243亿美元股票。此次600亿美元授权是在去年500亿美元回购计划基础上的扩容，而该计划已是前一年250亿美元规模的两倍。</p><p style=\"text-align: start;\">去年500亿美元回购计划宣布时，分析师们就对其合理性存在分歧。如今追加的600亿美元计划正在引发更深入讨论。Freedom Capital Markets董事总经理保罗·米克斯表示，他不看好高增长科技公司进行股票回购，尤其是那些具备持续高速增长潜力的企业。</p><p style=\"text-align: start;\">"英伟达现金流极其充沛，"米克斯表示，该公司资本支出不高，还通过战略性收购提升自由现金流。对于股票回购行为，米克斯通常更希望企业将资金投入其他领域，例如研发新产品管线，"因为当AI基础设施建设放缓时，这些储备将至关重要。"</p><p style=\"text-align: start;\">米克斯指出，英伟达最新推出的3500美元Blackwell架构机器人计算机Jetson Thor，表明公司"显然正定位成为黄仁勋所称物理AI领域的领导者"。对市值4万亿美元的企业而言，米克斯认为回购"影响有限"，尽管这可能有助于避免员工股票期权行权导致的股权稀释。</p><p style=\"text-align: start;\">"在这种情况下，我更希望资金被用于其他领域，"他表示。最新600亿美元回购授权没有时限，这让米克斯认为公司可能"更多是在作秀——因为公司规模如此庞大，即使执行回购，流通股数量也不会显著减少。"他补充道，英伟达或许想表明：即使股价接近历史高点，"我们仍认为有上涨空间。"</p><p style=\"text-align: start;\">米克斯始终担忧进行大规模股票回购的企业可能缺乏足够稳健的研发管线。"当下最典型的例子或许是苹果，"他指出。这家科技巨头四年来营收增长乏力，但通过股票回购减少流通股数量，仍能实现每股收益两位数增长，"仅凭此举就能获得5%至6%的增长。"今年五月，苹果公司董事会批准了追加1000亿美元普通股回购计划，此前一年刚推出1100亿美元回购计划。</p><p style=\"text-align: start;\">"我希望英伟达确实拥有产品计划，"米克斯表示，无论是自动驾驶还是机器人领域。另一方面，资产管理公司Navellier & Associates创始人路易斯·纳维利尔认为，英伟达股票回购是明智之举——特别是在地缘政治紧张局势和在华业务不确定性导致股价回调的背景下。纳维利尔透露英伟达是其最大持仓之一。</p><p style=\"text-align: start;\">英伟达公布第二财季业绩后股价小幅下挫。数据中心业务略微未达预期，以及未将中国市场纳入10月财季指引的决定，可能是导致下跌的原因。投资者原本期待公司明确本财季初被特朗普政府实质上禁止向中国客户销售H20芯片后的政策走向。本月早些时候，美国政府暗示若英伟达与美国分享部分收入可撤销禁令——但财务总监科莱特·克雷斯在财报电话会议上表示"美国政府尚未发布编纂此类要求的法规"。</p><p style=\"text-align: start;\">克雷斯称，由于持续存在的"地缘政治问题"，业绩指引未计入H20芯片收入，但若紧张局势缓解，该季度可出货20亿至50亿美元H20芯片。纳维利尔称，600亿美元回购计划可能是公司自信心的体现。"董事会持续批准回购，且规模不断扩大，这是个好信号。"除强劲现金流外，纳维利尔表示英伟达拥有"惊人的"运营利润率。尽管利润率在收缩，"但这是从70%高位下降的，"他补充道。</p><p style=\"text-align: start;\">CFRA Research股票分析师安杰洛·齐诺表示，其团队认为随着增长率持续放缓且自由现金流改善，"现金回报股东将逐渐成为投资者关注的重点。"鉴于英伟达未来12个月预计产生超1000亿美元自由现金流，齐诺在书面评论中称芯片制造商"将拥有额外现金用于投资其认定的机遇领域"。</p><p style=\"text-align: start;\">D.A. Davidson科技研究主管吉尔·卢里亚对英伟达的投资机遇持类似观点。"既然他们已在投资增长，且收购其他公司的能力非常有限，股票回购就成为部署可用资本的重要途径，"卢里亚在书面评论中表示。</p><p style=\"text-align: start;\">Futurum Group首席运营官丹·奥布莱恩表示，英伟达目前和未来的自由现金流增长意味着公司“必须采取一些措施，因为股东不会愿意看到巨额现金躺在资产负债表上仅仅赚取市场利率。”他补充道，股票回购和私募市场投资是公司资本配置"最合理的选择"。鉴于华尔街对英伟达业务和指引的预期仍然高企，奥布莱恩认为"没有比这更好的方式来传达管理层对业务长期增长潜力的信心了"——这表明他们认为股票长期处于低估状态。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3f1c866c487eb9e101f73a62d4495ce9","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128526647","content_text":"英伟达公司已积累570亿美元现金储备，且规模持续增长。这家芯片制造商上周宣布将股票回购计划增加至创纪录的600亿美元，再度引发华尔街关于此举对一家市值4万亿美元企业是否合理的辩论。本财年上半年，英伟达已回购243亿美元股票。此次600亿美元授权是在去年500亿美元回购计划基础上的扩容，而该计划已是前一年250亿美元规模的两倍。去年500亿美元回购计划宣布时，分析师们就对其合理性存在分歧。如今追加的600亿美元计划正在引发更深入讨论。Freedom Capital Markets董事总经理保罗·米克斯表示，他不看好高增长科技公司进行股票回购，尤其是那些具备持续高速增长潜力的企业。\"英伟达现金流极其充沛，\"米克斯表示，该公司资本支出不高，还通过战略性收购提升自由现金流。对于股票回购行为，米克斯通常更希望企业将资金投入其他领域，例如研发新产品管线，\"因为当AI基础设施建设放缓时，这些储备将至关重要。\"米克斯指出，英伟达最新推出的3500美元Blackwell架构机器人计算机Jetson Thor，表明公司\"显然正定位成为黄仁勋所称物理AI领域的领导者\"。对市值4万亿美元的企业而言，米克斯认为回购\"影响有限\"，尽管这可能有助于避免员工股票期权行权导致的股权稀释。\"在这种情况下，我更希望资金被用于其他领域，\"他表示。最新600亿美元回购授权没有时限，这让米克斯认为公司可能\"更多是在作秀——因为公司规模如此庞大，即使执行回购，流通股数量也不会显著减少。\"他补充道，英伟达或许想表明：即使股价接近历史高点，\"我们仍认为有上涨空间。\"米克斯始终担忧进行大规模股票回购的企业可能缺乏足够稳健的研发管线。\"当下最典型的例子或许是苹果，\"他指出。这家科技巨头四年来营收增长乏力，但通过股票回购减少流通股数量，仍能实现每股收益两位数增长，\"仅凭此举就能获得5%至6%的增长。\"今年五月，苹果公司董事会批准了追加1000亿美元普通股回购计划，此前一年刚推出1100亿美元回购计划。\"我希望英伟达确实拥有产品计划，\"米克斯表示，无论是自动驾驶还是机器人领域。另一方面，资产管理公司Navellier & Associates创始人路易斯·纳维利尔认为，英伟达股票回购是明智之举——特别是在地缘政治紧张局势和在华业务不确定性导致股价回调的背景下。纳维利尔透露英伟达是其最大持仓之一。英伟达公布第二财季业绩后股价小幅下挫。数据中心业务略微未达预期，以及未将中国市场纳入10月财季指引的决定，可能是导致下跌的原因。投资者原本期待公司明确本财季初被特朗普政府实质上禁止向中国客户销售H20芯片后的政策走向。本月早些时候，美国政府暗示若英伟达与美国分享部分收入可撤销禁令——但财务总监科莱特·克雷斯在财报电话会议上表示\"美国政府尚未发布编纂此类要求的法规\"。克雷斯称，由于持续存在的\"地缘政治问题\"，业绩指引未计入H20芯片收入，但若紧张局势缓解，该季度可出货20亿至50亿美元H20芯片。纳维利尔称，600亿美元回购计划可能是公司自信心的体现。\"董事会持续批准回购，且规模不断扩大，这是个好信号。\"除强劲现金流外，纳维利尔表示英伟达拥有\"惊人的\"运营利润率。尽管利润率在收缩，\"但这是从70%高位下降的，\"他补充道。CFRA Research股票分析师安杰洛·齐诺表示，其团队认为随着增长率持续放缓且自由现金流改善，\"现金回报股东将逐渐成为投资者关注的重点。\"鉴于英伟达未来12个月预计产生超1000亿美元自由现金流，齐诺在书面评论中称芯片制造商\"将拥有额外现金用于投资其认定的机遇领域\"。D.A. Davidson科技研究主管吉尔·卢里亚对英伟达的投资机遇持类似观点。\"既然他们已在投资增长，且收购其他公司的能力非常有限，股票回购就成为部署可用资本的重要途径，\"卢里亚在书面评论中表示。Futurum 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