On Thursday, Nvidia, the top trading company in the US stock market, closed up 4.47%, with its stock price breaking through $900 for the first time, trading at $53.17 billion and a market value of nearly $2.3 trillion, which is less than $300 billion lower than Apple's closing market value.
It is reported that the new NVIDIA GTC conference will be held from March 18th to 21st. AI expert Karl Freund predicts that investors in this year's GTC are expected to see progress in the new generation flagship GPU B100, a new inference platform, details of the automotive chip partnership with MediaTek, and software business.
In addition, according to media reports, recently, Tench Coxe and Mark Stevens, two directors of Nvidia, conducted a large-scale stock sell-off, with a total cash out of over 180 million US dollars. According to a document submitted to regulatory authorities, Tench Coxe, who has been a member of Nvidia's board of directors since 1993, sold 200000 shares of the company's stock in a recent transaction worth up to $170 million. However, Coxe still holds over 3 million shares of NVIDIA stock, indicating that he still maintains confidence in the company's long-term development.
Another director, Mark Stevens, also conducted a stock sell-off. Stevens, who has served as a director of Nvidia since 2008, sold 17000 shares of the company's stock in a series of transactions, cashing out approximately $14.25 million. Despite the sell-off, the market did not have excessive concerns about it.
Jordan Klein, an analyst at Mizuho Securities, said in a report on Thursday morning that seeing Nvidia's stock price setting new records almost every day "feels a bit unhealthy". He pointed out that this momentum is not limited to Nvidia, but also involves other so-called "new" artificial intelligence winners, such as Broadcom and Marvell Technology Inc.
It is worth noting that on March 7th, Oriental Precision Industry announced abnormal stock trading fluctuations, stating that as of now, the company has no direct cooperation with Nvidia.
Specifically, Dongfang Jinggong stated in its announcement that the company has recently noticed media listing the company as a "robot+NVIDIA" concept stock, and related media reports often mention Dongfang Jinggong's stake in Guangdong Jiateng Robot Automation Co., Ltd. (hereinafter referred to as "Jiateng Robot"). Regarding this, Dongfang Jinggong stated that as of now, the investment proportion of Dongfang Jinggong to Jiateng Robotics is 19.8366%. Dongfang Jinggong has not achieved control over Jiateng Robotics and does not participate in its business management.
Dongfang Jinggong mentioned that the company takes "intelligent equipment manufacturing" as its strategic core, focuses on the direction of high-end intelligent equipment manufacturing, and mainly focuses on two major areas of business layout: "intelligent packaging equipment" and "water power equipment". As of now, Oriental Precision has no direct cooperative relationship with Nvidia. Based on the shareholding ratio of Dongfang Jinggong in Jiateng Robotics and the accounting treatment of this investment in the consolidated financial statements of Dongfang Jinggong, the application of robots or AI related technologies does not have a significant impact on the company's operating performance in the short term.
In terms of the secondary market, Dongfang Jinggong's stock price has continued to soar recently, with 8 daily limit up gains in the 10 trading days since February 23rd. As of March 7th, it closed at 9.04 yuan per share, with a total market value of 11 billion yuan.