[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dciobcdd2700":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":80},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dciobcdd2700","英伟达(NVDA)绩前终结七连跌-机构喊话：仅盈利超预期不够，资本路线图成关键","\u002Fdoc\u002Fdciobcdd2700","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\n\u003C\u002Fp>\u003Cp>\u003Cspan>美股投资网获悉，在英伟达(NVDA)备受瞩目的季度业绩发布前夕，富兰克林邓普顿基金经理Sara Araghi表示，这家芯片巨头不仅需要交出超预期的盈利数据，还需要向市场提供关于资本配置及维持投资计划的具体细节。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>“市场需要看到这些投资更详尽的情况，以及这些投资究竟能带来多大的价值。”Araghi周二在接受采访时表示。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>Araghi特别指出，英伟达的远期市盈率(目前约为21倍)与其营收和利润的预期增幅之间存在明显分化。她认为，这反映出市场已经计入了增长放缓的预期，即便当下的扩张势头依然强劲。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>“英伟达的增长确实是现象级的，但放缓正在来临，而市场恰恰是向前看的，已经开始展望明年的情况。”她分析道。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>在此背景下，Araghi强调，能否持续交出盈利增长的成绩单至关重要。这不仅是为了安抚华尔街，更是为了证明公司拥有足够充沛的自由现金流来支撑后续投资。“而且，他们也需要拿出部分资金用于股票回购。”她补充说。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>从毛利率来看，Araghi认为英伟达保持在约75%的“七字头”水平，这在硬件企业中实属罕见，因此必然会受到市场的严格审视，尤其是在上游成本持续攀升的压力之下。她提到，英伟达已通过提价来对冲存储成本上涨的影响。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>此前有报道称，英伟达已向微软、谷歌、甲骨文等核心客户发出调价通知，因存储芯片成本大幅上行，搭载其AI芯片的服务器价格普遍上涨逾15%，覆盖Vera Rubin、Grace Blackwell等旗舰系统，自2027年初出货起生效。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>英伟达将于周三美股盘后公布2027财年第二季度业绩，市场预期营收同比增长96%至920亿美元，调整后每股收益为2.09美元。分析师此前也指出，在当前市场环境下，一次常规的“业绩超预期+上调指引”可能已不足以显著提振投资者情绪。英伟达在过去四个季度，业绩公布后的首个交易日股价均下跌。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>值得一提的是，英伟达股价周二收涨2.19%，终结此前连续七个交易日的跌势，这也是自2022年以来最长的连跌纪录。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>最专业的美股资讯,推荐美股大数据 \u003Ca href=\"https:\u002F\u002FStockwe.com\u002F\">https:\u002F\u002FStockwe.com\u002F\u003C\u002Fa>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>如何识别美股市场异常波动？美国机构主力资金买卖情况，出货和吸筹，使用美股投资网VIP会员，2008年成立于美国硅谷，由前纽约证券交易所分析师Ken创立，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化模型，建立了一个股市数据库 \u003Ca href=\"https:\u002F\u002FStockWe.com\u002F\">https:\u002F\u002FStockWe.com\u002F\u003C\u002Fa> 每天处理千万级股票数据：捕捉期权大单，实时主力资金流向、机构持仓变化、川普突发新闻，精准交易信号第一时间发到您手机APP！\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003C\u002Fp>","https:\u002F\u002Fwww.tradesmax.com\u002Fimages\u002Fa_Stock\u002FN\u002FNVDA\u002FNVDA.jpg","2026-08-27T17:02:40","2026.08.27","2026\u002F08\u002F27",36721,[22],"NVDA","Article",0,"免费","success",{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":28,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},[22],"\u002Fcol\u002Fstocknews",{"visible":5,"marketingHtml":31,"services":32,"recentDocuments":41},"\u003Cfigure class=\"image\">\u003Ca 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buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 \u003Ca href=\"https:\u002F\u002Fstockwe.com\" rel=\"noopener\">StockWe.com\u003C\u002Fa> 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理海量股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，美股买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":81,"search":82,"searchPlaceholder":82,"hotContent":83,"draft":84,"noData":85,"searchNoData":86,"courseContent":87,"more":88,"buyNow":89,"subscribeNow":90,"encoding":91,"paidContent":92},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]