BlockBeats News, August 27th. In an article published by New Fire Group's Chief Economist Fu Peng, it was pointed out that although NVIDIA's latest financial report has exceeded expectations for 15 consecutive quarters, the market has shown a tepid response to the financial data itself. Indicators such as stock price and option volatility indicate that market investors are currently "more concerned about the future: whether the free cash flow at the core of the future stock index can be easily cashed out, and how long the potential growth of AI can be sustained. These issues actually carry more weight than quarterly financial performance, so even if this performance exceeds Wall Street's expectations by a few points, it cannot change the denominator of valuation."

Fu Peng believes that in his remarks during the earnings call, Huang Renxun clearly stated that "the inflection point of AI has arrived," which is essentially to reassure the market, aiming to strengthen market confidence in the complete formation of the AI industry chain and alleviate concerns about overinvestment. Going forward, investors should observe how "long the market needs to digest this round of confidence boost, digest the expectation elevation brought by Master Huang to the market, and how long this sentiment will recede. If the sentiment recedes quickly, it indicates that the current typical market mentality is 'wait and see,' and the impact of manufacturers repeatedly strengthening market confidence and morale through these expectations is gradually weakening. We can clearly observe this from the duration of market volatility after each earnings call."