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大行評級|花旗:下調英偉達目標價至150美元 下調GPU銷量預測
花旗發表研報指,下調對英偉達2025及2026財年圖像處理器(GPU)銷量預測各3%及5%,以配合該行下調對美國四大雲服務供應商期內資本開支增長預測各5個百分點至35%及15%。主要反映憂慮微軟減少資本開支,以及貿易戰持續下全球經濟不確定性令企業投資叫停。該行又預期英偉達期內GPU銷售跌3%,基於對公司技術領先的假設,以及人工智能晶片價格不彈性,能部分地抵銷貿易戰帶來的成本上升。該行下調對英偉達期內每股盈利預測3%及6%,目標價由163美元降至150美元,爲2026財年預測市盈率30倍,維持“買入”評級。
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