#头条首发大赛#
Quick guide
Nvidia, the world’s largest GPU manufacturer, has seen a significant shift in revenue with data center GPU sales now dominating its business, driven by the rapid growth of the AI market. Nvidia’s high-end GPUs are crucial for accelerating machine learning and AI tasks and are widely used by major players in the generative AI field like OpenAI, Microsoft, and Google. With an 88% market share in discrete GPUs, Nvidia faces high chip demand exceeding supply capacity. Analysts predict a 98% revenue and 109% profit growth in the 2025 fiscal year, making its stock’s forward earnings of less than 50 times seem reasonably valued.
Super Micro Computer, known for producing high-performance liquid-cooled servers for demanding tasks, has secured a 10% share in the specialized AI server market through collaboration with Nvidia. Projected to expand market share to 17% in the next three years, Super Micro is poised for growth as the overall market is expected to increase by 150%. Despite half of its revenue coming from AI servers, the company aims to enhance this percentage by competing with larger server manufacturers and introducing new AI servers powered by cost-effective AMD chips.
Microsoft has regained growth momentum by expanding its cloud-based services and Azure platform, becoming the world’s second-largest cloud infrastructure provider after Amazon Web Services. Through strategic investments like becoming OpenAI’s largest investor, Microsoft integrates generative AI tools into its services, driving Azure’s growth and enhancing its competitive edge against Google. The company’s foray into the gaming sector, with the acquisition of Activision Blizzard, further solidifies its market position. Analysts project a 14% revenue growth and 13% adjusted earnings growth in the 2025 fiscal year, reflecting Microsoft’s balanced exposure in cloud, AI, and gaming fields. Despite a forward earnings multiple of 34 times, the company’s strong fundamentals support its valuation.
Nvidia
Nvidia, the world's largest GPU producer, has seen a significant change in its revenue stream, with data center GPU sales now dominating its business. This surge is largely attributed to the rapid growth of the AI market, with Nvidia's high-end GPUs critical to accelerating machine learning and AI tasks. The company's GPUs are widely used by major players in the generative AI space, such as OpenAI, Microsoft, and Google. With an 88% share of the discrete GPU market, Nvidia's chips are in high demand and outstripping their supply capacity. Analysts predict revenue and profit growth of 98% and 109%, respectively, in fiscal 2025, making its stock's forward-looking earnings of less than 50 times look reasonable value.
Super Micro Computer
Supermicrocomputers, also known as ultramicro, have carved out their market segment by producing high-performance liquid-cooled servers for demanding tasks. The partnership with Nvidia gave it early access to high-end data center GPUs, giving it a 10% share of the dedicated AI server market. It is expected to expand its market share to 17% over the next three years, and as the overall market grows by 150%, Supermicro will see growth opportunities. While half of its revenue already comes from AI servers, the company expects to increase this percentage even further by competing with larger server manufacturers and launching new AI servers powered by AMD's cost-effective chips.
Microsoft
Microsoft has re-emerged as a growth stock in recent years by expanding its cloud-based services and Azure platform. After Amazon Web Services, Microsoft became the world's second-largest cloud infrastructure provider. Through strategic investments, such as becoming OpenAI's largest investor, Microsoft has integrated generative AI tools into its services, driving Azure's growth and strengthening its competitive edge against Google. The company ventured into the gaming space, further cementing its position in the market with the acquisition of Activision Blizzard. Analysts expect revenue growth of 14% and adjusted earnings growth of 13% in fiscal 2025, reflecting Microsoft's balanced exposure in cloud, artificial intelligence and gaming. Despite the forward earnings of 34x at the time of the transaction, the company's strong fundamentals justify its valuation.