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2023.05.29 23:53
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Breakfast | MEITUAN-Wang Huiwen gives up super voting rights, NVIDIA releases AI supercomputer DGX GH200

Nvidia announced the provision of customized AI model manufacturing services for games. Nvidia CEO Huang Renxun stated that the era of CPU expansion has ended and accelerated computing is the way forward for technology. Nvidia and WPP are developing a new AI engine. Musk is expected to visit China this week and visit the Shanghai factory. Li Kaifu stated that the AI 2.0 era has arrived and large AI models are an absolute historical opportunity that cannot be missed. Goldman Sachs believes that "Zhongtegu" has a future upside potential of 20% to 50%.

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Market Overview

In the Asia-Pacific market, Nasdaq 100 futures rose 0.4% in early trading

Top Stocks

MEITUAN-W: Wang Huiwen has given up super voting rights

MEITUAN-W announced that Wang Huiwen has been transferred from executive director to non-executive director. Wang Huiwen has given up his super voting rights and completed the conversion of all his Class A shares into Class B shares.

NVIDIA announces the launch of AI supercomputer DGX GH200

Equipped with 256 Grace Hopper super chips, it supports trillion-parameter AI large-scale model training. Compared with the previous generation DGX A100 launched in 2020, the memory has been expanded by nearly 500 times.

NVIDIA and WPP develop a new AI engine

This new content engine can produce high-quality commercial content faster, more efficiently, and on a large scale, while maintaining complete consistency with the customer's brand.

What did Huang Renxun say at the COMPUTEX conference?

NVIDIA CEO Huang Renxun threw out multiple heavyweight information at the COMPUTEX conference, including new robot designs, gaming features, advertising services, and network technology.

The "big problem" of US stocks: NVIDIA is approaching a trillion, is AI already a bubble?

When the rise of US stocks almost completely depends on the seven giants, will the AI heat wave trigger a "miniature" Internet bubble?

Mujiejie: NVIDIA's expected P/E ratio is 25 times Cathie Wood said that Nvidia's valuation is higher than the market average, and Tesla is the "most obvious" beneficiary of artificial intelligence.

Tesla CEO Tesla will visit China this week

It is expected that Tesla will meet with senior Chinese officials and visit the Tesla Shanghai factory during this trip.

Macro and Strategy

Goldman Sachs: There is still 20% to 50% room for valuation increase for Chinese state-owned enterprises in the future

Liu Jinjin, chief stock strategist of Goldman Sachs China, believes that since 2021, the profitability of state-owned enterprises has improved significantly, and the current ROE level has approached that of private enterprises. It is not recommended for investors to pay too high a price for "growth security" or policy-guided growth, and only recommends trading state-owned enterprise stocks with a price-to-earnings growth ratio of less than 2 times.

OECD plans to draft new guidelines for the use of generative artificial intelligence

The plan will start discussions on the new guidelines as early as June, and the results will be implemented by the end of the year.

Kai-Fu Lee: The AI 2.0 era has arrived, and large AI models are an absolute historical opportunity that cannot be missed

Innovative Works Chairman and CEO Kai-Fu Lee said that this is the largest platform revolution in history, ten times larger than Windows and more than Android, and it will rewrite every application.

Is ChatGPT reliable for stock selection? 25,000 traders have followed the bet

Financial services company Autopilot created an investment plan dominated by ChatGPT and gave it an initial capital of $50,000 to invest in stocks. The initially selected stocks include Berkshire Hathaway, Amazon, etc. Two weeks later, it rose by about 2%, which is basically the same as the overall market increase.