花旗上调英伟达目标股价，因主权国家人工智能需求激增

新浪财经2025-07-07

鉴于人工智能基础设施需求（尤其是来自主权国家政府的需求）大幅增长，花旗集团（Citi）继续看好英伟达（Nvidia）。该机构将这家芯片制造商的目标股价上调至每股 190 美元，这意味着较英伟达目前的交易价格有约 15% 的上涨空间。花旗分析师表示，他们认为英伟达在不断扩大的数据中心基础设施总可寻址市场（TAM）中占据的份额将更大。此次上调评级之际，英伟达正朝着 4 万亿美元市值迈进，其股价在过去...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2549553165?lang=zh_CN&edition=full","thumbnail":"https://static.tigerbbs.com/3f1c866c487eb9e101f73a62d4495ce9","is_english":false,"pubTime":"2025-07-07 22:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2549553165","market":"us","top_or_hot":-1,"title":"花旗上调英伟达目标股价，因主权国家人工智能需求激增","media":"新浪财经","content":"<div>\n<p>鉴于人工智能基础设施需求（尤其是来自主权国家政府的需求）大幅增长，花旗集团（Citi）继续看好英伟达（Nvidia）。该机构将这家芯片制造商的目标股价上调至每股 190 美元，这意味着较英伟达目前的交易价格有约 15% 的上涨空间。花旗分析师表示，他们认为英伟达在不断扩大的数据中心基础设施总可寻址市场（TAM）中占据的份额将更大。此次上调评级之际，英伟达正朝着 4 万亿美元市值迈进，其股价在过去...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250707222245a69b2d55&s=b\">网页链接</a>\n\n</div>\n","source":"XLCJ","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>花旗上调英伟达目标股价，因主权国家人工智能需求激增</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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花旗上调英伟达目标股价，因主权国家人工智能需求激增\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-07 22:40 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250707222245a69b2d55&s=b><strong>新浪财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>鉴于人工智能基础设施需求（尤其是来自主权国家政府的需求）大幅增长，花旗集团（Citi）继续看好英伟达（Nvidia）。该机构将这家芯片制造商的目标股价上调至每股 190 美元，这意味着较英伟达目前的交易价格有约 15% 的上涨空间。花旗分析师表示，他们认为英伟达在不断扩大的数据中心基础设施总可寻址市场（TAM）中占据的份额将更大。此次上调评级之际，英伟达正朝着 4 万亿美元市值迈进，其股价在过去...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250707222245a69b2d55&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0274383776.USD","symbol_name":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250707222245a69b2d55&s=b","article_id":"2549553165","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/3f1c866c487eb9e101f73a62d4495ce9"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549553165","pubTimestamp":1751899257,"columns":[],"sourceInfo":{"source_id":"XLCJ","name":"新浪财经"},"weMediaInfo":null,"summary":"此次上调评级之际，英伟达正朝着 4 万亿美元市值迈进，其股价在过去一个月上涨了 12%。报告称，英伟达 “基本上参与了每一笔主权国家的交易”，这使得该公司在全球建设国家人工智能基础设施的竞赛中处于核心地位。花旗表示，英伟达的 Blackwell GB200 芯片为许多此类人工智能集群提供动力，目前其部署速度正在加快。花旗目前预计，英伟达 2027 财年的数据中心收入将增长 5%，2028 财年将增长 11%。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345768153.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) ACC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","NVIW.SI":"NVDA 3xLongSG261006","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","NVDS":"1.5倍做空NVDA ETF-Tradr","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","NVDU":"2倍做多NVDA ETF-Direxion","BK4567":"ESG概念","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","NVD2.UK":"2X NVIDIA ETP","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU2452424414.USD":"BGF ESG MULTI-ASSET \"A10\" (USDHDG) INC","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","NVD3.UK":"LS 3X NVIDIA","NVDX":"2倍做多NVDA ETF-T-Rex","NVD":"2倍做空NVDA ETF-GraniteShares","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","3NVD.UK":"LS 3X NVIDIA","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","NVDS.UK":"LS -1X NVIDIA","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","NVDY":"NVDA期权收益策略ETF-YieldMax","LU1923622291.USD":"Natixis Thematics Safety R/A USD","C":"花旗","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","NVDD":"1倍做空NVDA ETF-Direxion","BK4504":"桥水持仓","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","2NVD.UK":"2X NVIDIA ETP","SNVD.UK":"LS -1X NVIDIA","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","BK4605":"半导体精选","NVDA":"英伟达","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)"},"translate_title":"Citi raises Nvidia price target as sovereign AI demand surges","themeId":"77a9b12ca2cf019dad845ece72837cb0","isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/818eefcd7cc6098dbbb97e47224ca3e6","symbols_score_info":{"NVDS.UK":0.6,"NVDY":0.6,"NVDS":0.6,"NVDA":1,"C":0.9,"NVDD":0.6,"2NVD.UK":0.6,"NVD3.UK":0.6,"NVD":0.6,"SNVD.UK":0.6,"3NVD.UK":0.6,"NVD2.UK":0.6,"NVDX":0.6,"NVIW.SI":0.6,"NVDU":0.6},"content_text":"鉴于人工智能基础设施需求（尤其是来自主权国家政府的需求）大幅增长，花旗集团（Citi）继续看好英伟达（Nvidia）。该机构将这家芯片制造商的目标股价上调至每股 190 美元，这意味着较英伟达目前的交易价格有约 15% 的上涨空间。花旗分析师表示，他们认为英伟达在不断扩大的数据中心基础设施总可寻址市场（TAM）中占据的份额将更大。此次上调评级之际，英伟达正朝着 4 万亿美元市值迈进，其股价在过去一个月上涨了 12%。分析师阿蒂夫・马利克（Atif Malik）和帕帕・西拉（Papa Sylla）在报告中写道：“我们认为，2025 年主权国家的需求已经贡献了高达数十亿美元的收入”，并预计 2026 年这一需求将进一步增加。报告称，英伟达 “基本上参与了每一笔主权国家的交易”，这使得该公司在全球建设国家人工智能基础设施的竞赛中处于核心地位。该机构将 2028 年人工智能计算总可寻址市场的预估上调至 5630 亿美元，较此前的 5000 亿美元增长 13%；网络总可寻址市场预估上调至 1190 亿美元，较此前的 900 亿美元有所增长，预计英伟达的销售额将大幅增长。花旗指出，在英伟达最近举办的生成式人工智能大会上，与会者讨论了人工智能基础设施可能的基准：每 10 万名员工配备 1 台超级计算机或 1 万台图形处理器（GPU），这一比例可能会推动企业和政府大规模建设相关设施。花旗表示，英伟达的 Blackwell GB200 芯片为许多此类人工智能集群提供动力，目前其部署速度正在加快。对英伟达供应链潜在瓶颈的担忧也有所缓解，花旗报告称，机架部署正 “快速进行”。随着该公司为下一代 GB300 芯片做准备，分析师预计过渡将顺利进行，这得益于从早期平台转型中吸取的经验教训。花旗目前预计，英伟达 2027 财年的数据中心收入将增长 5%，2028 财年将增长 11%。网络销售额预计将分别增长 12% 和 27%。这意味着 20% 的附加率，表明连接大型人工智能集群的高性能系统需求正在上升。预计毛利率也将继续扩大，到年底将稳定在 70% 左右的中高位。不过，该行也指出了下行风险，包括可能在特朗普政府第二次执政期间重新实施的出口限制。彭博社最近报道称，马来西亚和泰国可能因涉嫌向中国运送相关产品而面临审查。但就目前而言，人工智能热潮 —— 尤其是来自公共部门买家的需求 —— 没有放缓的迹象。马利克和西拉在报告中写道：“未来几年，英伟达有望见证数十吉瓦的主权国家和企业人工智能工厂建设。”","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2549553165","isCrawlerRequest":true}