1、The delay in Blackwell GPU shipping in addition to top customers already seeking alternatives to Nvidia’s chips has certainly emboldened the bears to call the top for Nvidia Corporation.

　　emboldened：v.使更有胆量；使更有信心；使增加勇气

　　Blackwell GPU出货的延迟，以及已经在寻找Nvidia芯片替代品的顶级客户，无疑让看跌者更加大胆地称Nvidia公司为顶级公司。

　　2、Though, the real battleground is on the software side, with challengers seeking to use any setback to catch up to Nvidia’s CUDA moat.

　　moat:护城河

　　不过，真正的战场在软件方面，挑战者试图利用任何挫折来赶上Nvidia的CUDA护城河。

　　3、So with enterprises increasingly making up a larger proportion of Nvidia's data center sales mix, and the tech giant set to generate large sums of recurring software revenue going forward, the bull case remains intact.

　　intact：完整的；完整；完好无损

　　因此，随着企业在英伟达数据中心销售组合中所占比例越来越大，并且这家科技巨头未来将产生大量经常性软件收入，看涨的理由仍然完好无损。

　　4、As we have been addressing over the course of the summer, the economic outlook for China appears very bleak. Take retail sales, for instance, which are 9% weaker than their pre-pandemic trend.

　　bleak:暗淡无光的

　　正如我们在夏季所讨论的那样，中国的经济前景似乎非常黯淡。以零售业为例，其销售额比疫情前的趋势下降了9%。