CITIC Securities: Positive about NVIDIA GTC 2026 conference strengthening market confidence in the continuous growth of the AI industry and realization of incremental logic.

CICC Securities pointed out that the upcoming NVIDIA GTC 2026 conference is expected to further expand the company's chip product matrix. In addition to the full set of six core chips of the Vera Rubin AI platform, it is possible that more details about the Rubin Ultra chip and cabinet will be disclosed at the conference, bringing innovations in design architecture such as data interconnection and power supply. The visibility of new products such as orthogonal backplane and CPO landing is expected to further increase. NVIDIA may also release the LPU inference chip, expanding its inference map together with the CPX chip. In addition, NVIDIA may also anticipate the upgrade direction of the next-generation Feynman architecture and share its understanding and judgment on the future computing power infrastructure and AI industry. It is believed that the NVIDIA GTC 2026 conference will further strengthen market confidence in the continued growth of the AI industry and the realization of incremental logic.