<p>过去三周，人工智能泡沫已经破灭。投资者要求人工智能支出获得更高回报，而像 <strong>Elliott Management</strong> 这样的机构对估值提出了质疑。然而，在最近的抛售中，一些最优秀的人工智能股票也被一起抛弃了。</p>
<p>展望未来，人工智能股票将面临更严格的审查。投资者希望看到投资回报和实际的人工智能收入。只有具有可证明和实际应用案例的股票才会受到推动。</p>
<p>以下讨论的三家公司已经在人工智能收入方面创造了数十亿美元。此外，在它们最近的季度收益电话中，高管们概述了他们看到的巨大需求。事实上，所有公司都披露他们由于供应受限而难以满足需求。在最近的抛售中受到不公正对待后，这三家公司是最佳的人工智能股票之一。</p>
<h2>微软（MSFT）</h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>图片来源：VDB Photos / Shutterstock.com</p>
<p>尽管 <strong>微软</strong>（纳斯达克：<strong>MSFT</strong>）在最近的第四季度业绩公布后出现了褒贬不一的反应，但它仍然是一个不言而喻的人工智能投资。主要争议点在于其 Azure 云业务的数据，其中它仅实现了指导的低端。然而，将这些数据放入背景中，Azure 公共云业务同比增长 30%，是前三大云服务提供商中增速最快的。</p>
<p>简言之，市场对无谓的事情感到担忧，而微软是今天最佳的人工智能股票之一。首先，关于 Azure 增长，管理层发布了 2025 年第一季度 28.5% 的增长指引。积极的指引强化了管理层的观点，即在 Azure 上运行的人工智能服务的采用将在下半年加速。</p>
<p>除了 Azure 人工智能，微软还有多个人工智能收入来源。在收益电话中，管理层透露，Microsoft 365 的合作伙伴用户季度同比增长超过 60%。另一个人工智能产品 GitHub Copilot 正得到广泛采用，有超过 77,000 家组织在使用。此外，超过 480,000 家组织正在使用其 Power Platform 上的人工智能功能。季度末，用户超过 48 百万，同比增长 40%。</p>
<p>以上例子突显了这家科技巨头有多种方式来实现人工智能的商业化。<strong>美国银行</strong>（纽约证券交易所：<strong>BAC</strong>）认为它是一个独特定位的人工智能赢家，并将其价格目标提高至 510 美元。该目标与当前水平相比有超过 27% 的上涨空间。</p>
<h2>先进微设备（AMD）</h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>图片来源：JHVEPhoto / Shutterstock.com</p>
<p>受人工智能需求推动，<strong>先进微设备</strong>（纳斯达克：<strong>AMD</strong>）发布了令人印象深刻的第二季度业绩。在半导体股中，它对人工智能有全面的曝光，并且在从三月高点下跌近 40% 后是一个便宜的购买。</p>
<p>关于人工智能收入，AMD 在多个方面受益。首先，在数据中心市场上，它与 <strong>英伟达</strong>（纳斯达克：<strong>NVDA</strong>）竞争，在第二季度实现了爆炸性增长。由于对其 Instinct 加速器的强劲需求，数据中心收入同比增长 115%，达到 28 亿美元。其人工智能数据中心芯片 MI300 首次实现了 10 亿美元的季度收入。</p>
<p>其次，公司看到其支持人工智能的 Ryzen 处理器有巨大需求。这些处理器提供行业领先的性能，并拥有最快的神经处理单元。它们得到了 <strong>惠普</strong>（纽约证券交易所：<strong>HPQ</strong>）和 <strong>联想</strong>（OTCMKTS：<strong>LNVGY</strong>）等客户的好评。首批 Ryzen AI 300 系列笔记本已经上市，并获得了非常积极的评价。</p>
<p>基于其 Ryzen 处理器的早期成功，首席执行官苏姿丽预计在 Copilot Plus PC 方面获得市场份额增长，特别是在创新加速器方面的增加动力。在这种背景下，管理层预计第三季度季度环比增长 15%，并在长期内看到前所未有的机会。</p>
<h2>台积电（TSM）</h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>图片来源：Piotr Swat / Shutterstock.com</p>
<p>在持续的人工智能热潮中，<strong>台积电</strong>（纽约证券交易所：<strong>TSM</strong>）是最佳选择，是一家纯粹的晶圆代工企业。由于大多数半导体设计公司如英伟达、先进微设备和 <strong>苹果</strong>（纳斯达克：<strong>AAPL</strong>）都是无晶圆厂的，它们外包他们的芯片制造。台积电在这个领域几乎无可匹敌，特别是在先进节点方面，并且看到了空前的需求。</p>
<p>如今，没有可靠的竞争对手能与台积电在先进生产和台湾本地封装组装生态系统方面的领先地位相抗衡。由于这种动态，公司报告的第二季度收入为 208 亿美元，同比增长 33%，环比增长 10.3%。对该公司业界领先的 3 和 5 纳米技术的强劲需求推动了这一令人印象深刻的季度。</p>
<p>此外，管理层强调，他们看到了推动更高利用率的强劲人工智能相关需求。他们指出，3 纳米和 5 纳米的供应紧张，需求在 2026 年之前都很稳定。因此，他们将 2024 年的收入增长指引从低 20% 提高到略高于中 20%。</p>
<p>台积电主导晶圆代工业务，生产全球逻辑半导体的 60% 以上。然而，尽管拥有这种主导地位，而且关键竞争对手 <strong>英特尔</strong>（纳斯达克：<strong>INTC</strong>）陷入困境，你可以以市场倍数购买 TSM 股票。以 25 倍的未来收益计算，该股票是一个非常划算的选择。</p>
<p><em>在发布日期，Charles Munyi 持有 AMD 的多头头寸，但在本文提到的其他证券中没有持有（直接或间接）。本文中表达的观点属于作者个人，遵守 InvestorPlace.com 的发布准则。</em></p>
<p><em>在发布日期，负责编辑在本文提及的证券中没有任何持仓（直接或间接）</em></p>
<p>Charles Munyi 在各行业拥有丰富的写作经验，包括个人理财、保险、科技、财富管理和股票投资。他为包括 Benzinga、The Balance 和 Investopedia 在内的多家金融网站撰写过文章。</p>
<p>人工智能、科技</p>
<p>成长股</p>

iShares MSCI新兴市场ETF

<p>人工智能泡沫已经破灭，导致投资者要求在人工智能支出上获得更高的回报。然而，在最近的抛售中，一些最佳人工智能股票被低估。具有实际人工智能用例和可证明收入的股票预计将表现良好。微软、超威半导体和台积电是在人工智能领域创造数十亿美元人工智能收入的顶级股票之一</p>

<p>Over the past three weeks, the AI bubble has deflated. Investors are demanding a higher return on AI spending, while others like <strong>Elliott Management</strong> have raised questions on valuations. However, in the recent selloff, some of the best AI stocks have been thrown out with the bath water.</p>
<div class="lb-trans"><p>过去三周，人工智能泡沫已经破灭。投资者要求人工智能支出获得更高回报，而像 <strong>Elliott Management</strong> 这样的机构对估值提出了质疑。然而，在最近的抛售中，一些最优秀的人工智能股票也被一起抛弃了。</p>
</div><p>Going forward, AI stocks will face increased scrutiny. Investors want to see a return on investment and actual AI revenues. Only stocks with demonstrable and real-life AI use cases will get a lift.</p>
<div class="lb-trans"><p>展望未来，人工智能股票将面临更严格的审查。投资者希望看到投资回报和实际的人工智能收入。只有具有可证明和实际应用案例的股票才会受到推动。</p>
</div><p>The three stocks discussed below are already generating billions in AI revenues. Additionally, in their recent quarterly earnings calls, their executives outlined the significant demand they were seeing. Indeed, all disclosed they were struggling to meet demand since they were supply-constrained. After being unfairly punished in the recent selloff, these three companies are among the best AI stocks to buy.</p>
<div class="lb-trans"><p>以下讨论的三家公司已经在人工智能收入方面创造了数十亿美元。此外，在它们最近的季度收益电话中，高管们概述了他们看到的巨大需求。事实上，所有公司都披露他们由于供应受限而难以满足需求。在最近的抛售中受到不公正对待后，这三家公司是最佳的人工智能股票之一。</p>
</div><h2>Microsoft (MSFT)</h2>
<div class="lb-trans"><h2>微软（MSFT）</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: VDB Photos / Shutterstock.com</p>
<div class="lb-trans"><p>图片来源：VDB Photos / Shutterstock.com</p>
</div><p>Although <strong>Microsoft</strong> (NASDAQ:<strong>MSFT</strong>) saw a mixed reaction after the recent Q4 results, it’s still one of the no-brainer AI investments. The major bone of contention was its Azure cloud numbers, where it only achieved the low end of its guidance. However, putting the numbers into context, Azure public cloud grew 30% year-over-year (YOY), the highest growth rate among the top three cloud providers.</p>
<div class="lb-trans"><p>尽管 <strong>微软</strong>（纳斯达克：<strong>MSFT</strong>）在最近的第四季度业绩公布后出现了褒贬不一的反应，但它仍然是一个不言而喻的人工智能投资。主要争议点在于其 Azure 云业务的数据，其中它仅实现了指导的低端。然而，将这些数据放入背景中，Azure 公共云业务同比增长 30%，是前三大云服务提供商中增速最快的。</p>
</div><p>To put it succinctly, the market is fretting over nothing, and Microsoft is one of the best AI stocks to buy today. First, regarding Azure growth, management issued guidance for 28.5% growth in Q1 2025. The positive guidance reinforces management’s view that adoption of its AI services running on Azure will accelerate in the second half.</p>
<div class="lb-trans"><p>简言之，市场对无谓的事情感到担忧，而微软是今天最佳的人工智能股票之一。首先，关于 Azure 增长，管理层发布了 2025 年第一季度 28.5% 的增长指引。积极的指引强化了管理层的观点，即在 Azure 上运行的人工智能服务的采用将在下半年加速。</p>
</div><p>Beyond Azure AI, Microsoft has several streams of AI revenues. On the earnings call, management disclosed that Microsoft 365 copilot users increased over 60% quarter-over-quarter. Another AI product, GitHub Copilot, is seeing widespread adoption, with over 77,000 organizations using it. Additionally, over 480,000 organizations are using AI-powered capabilities on its Power Platform. At the end of the quarter, it had over 48 million users, a 40% YOY increase.</p>
<div class="lb-trans"><p>除了 Azure 人工智能，微软还有多个人工智能收入来源。在收益电话中，管理层透露，Microsoft 365 的合作伙伴用户季度同比增长超过 60%。另一个人工智能产品 GitHub Copilot 正得到广泛采用，有超过 77,000 家组织在使用。此外，超过 480,000 家组织正在使用其 Power Platform 上的人工智能功能。季度末，用户超过 48 百万，同比增长 40%。</p>
</div><p>The examples above highlight that this tech giant has numerous ways to monetize AI. <strong>Bank of America</strong> (NYSE:<strong>BAC</strong>) views it as a uniquely positioned AI winner and raised its price target to $510. That target presents over 27% upside from current levels.</p>
<div class="lb-trans"><p>以上例子突显了这家科技巨头有多种方式来实现人工智能的商业化。<strong>美国银行</strong>（纽约证券交易所：<strong>BAC</strong>）认为它是一个独特定位的人工智能赢家，并将其价格目标提高至 510 美元。该目标与当前水平相比有超过 27% 的上涨空间。</p>
</div><h2>Advanced Micro Devices (AMD)</h2>
<div class="lb-trans"><h2>先进微设备（AMD）</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: JHVEPhoto / Shutterstock.com</p>
<div class="lb-trans"><p>图片来源：JHVEPhoto / Shutterstock.com</p>
</div><p>Powered by AI demand, <strong>Advanced Micro Devices</strong> (NASDAQ:<strong>AMD</strong>) delivered impressive Q2 results. Among semiconductor stocks, it has a well-rounded exposure to AI and is a bargain buy after falling nearly 40% from its March highs.</p>
<div class="lb-trans"><p>受人工智能需求推动，<strong>先进微设备</strong>（纳斯达克：<strong>AMD</strong>）发布了令人印象深刻的第二季度业绩。在半导体股中，它对人工智能有全面的曝光，并且在从三月高点下跌近 40% 后是一个便宜的购买。</p>
</div><p>Regarding AI revenues, AMD is benefiting in several ways. First, in the data center market, where it competes with <strong>Nvidia</strong> (NASDAQ:<strong>NVDA</strong>), it saw explosive growth in Q2. Due to robust demand for its Instinct accelerators, data center revenues soared 115% YOY to $2.8 billion. MI300, its AI data center chip, surpassed $1 billion in quarterly revenues for the first time.</p>
<div class="lb-trans"><p>关于人工智能收入，AMD 在多个方面受益。首先，在数据中心市场上，它与 <strong>英伟达</strong>（纳斯达克：<strong>NVDA</strong>）竞争，在第二季度实现了爆炸性增长。由于对其 Instinct 加速器的强劲需求，数据中心收入同比增长 115%，达到 28 亿美元。其人工智能数据中心芯片 MI300 首次实现了 10 亿美元的季度收入。</p>
</div><p>Secondly, the company is seeing tremendous demand for its AI-enabled Ryzen processors. These processors deliver industry-leading performance and have the fastest neural processing units. They have been well received by customers such as <strong>HP</strong> (NYSE:<strong>HPQ</strong>) and <strong>Lenovo</strong> (OTCMKTS:<strong>LNVGY</strong>). The first Ryzen AI 300 series notebooks are already on the market and have garnered very positive reviews.</p>
<div class="lb-trans"><p>其次，公司看到其支持人工智能的 Ryzen 处理器有巨大需求。这些处理器提供行业领先的性能，并拥有最快的神经处理单元。它们得到了 <strong>惠普</strong>（纽约证券交易所：<strong>HPQ</strong>）和 <strong>联想</strong>（OTCMKTS：<strong>LNVGY</strong>）等客户的好评。首批 Ryzen AI 300 系列笔记本已经上市，并获得了非常积极的评价。</p>
</div><p>Based on the early success of its Ryzen processors, CEO Lisa Su expects market share gains, especially in Copilot Plus PCs. This leadership and the increasing innovation cadence in its AI accelerators point to increased momentum going forward. Under this backdrop, management sees 15% QOQ growth in the third quarter and unprecedented opportunities over the long term.</p>
<div class="lb-trans"><p>基于其 Ryzen 处理器的早期成功，首席执行官苏姿丽预计在 Copilot Plus PC 方面获得市场份额增长，特别是在创新加速器方面的增加动力。在这种背景下，管理层预计第三季度季度环比增长 15%，并在长期内看到前所未有的机会。</p>
</div><h2>Taiwan Semiconductor Manufacturing (TSM)</h2>
<div class="lb-trans"><h2>台积电（TSM）</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: Piotr Swat / Shutterstock.com</p>
<div class="lb-trans"><p>图片来源：Piotr Swat / Shutterstock.com</p>
</div><p>One of the best plays on the ongoing AI boom is <strong>Taiwan Semiconductor Manufacturing</strong> (NYSE:<strong>TSM</strong>), a pure-play foundry business. Since most semiconductor designers like Nvidia, Advanced Micro Devices and <strong>Apple</strong> (NASDAQ:<strong>AAPL</strong>) are fabless, they outsource their chip manufacturing. Taiwan Semiconductor has an almost unassailable lead in this sphere, especially in advanced nodes, and is seeing unprecedented demand.</p>
<div class="lb-trans"><p>在持续的人工智能热潮中，<strong>台积电</strong>（纽约证券交易所：<strong>TSM</strong>）是最佳选择，是一家纯粹的晶圆代工企业。由于大多数半导体设计公司如英伟达、先进微设备和 <strong>苹果</strong>（纳斯达克：<strong>AAPL</strong>）都是无晶圆厂的，它们外包他们的芯片制造。台积电在这个领域几乎无可匹敌，特别是在先进节点方面，并且看到了空前的需求。</p>
</div><p>Today, there is no credible competitor to Taiwan Semi’s leading-edge production and the local packaging and assembly ecosystem in Taiwan. Because of this dynamic, the company reported Q2 revenues of $20.8 billion, up 33% YOY and 10.3% sequentially. Strong demand for the company’s industry-leading 3 and 5-nanometer technologies drove the impressive quarter.</p>
<div class="lb-trans"><p>如今，没有可靠的竞争对手能与台积电在先进生产和台湾本地封装组装生态系统方面的领先地位相抗衡。由于这种动态，公司报告的第二季度收入为 208 亿美元，同比增长 33%，环比增长 10.3%。对该公司业界领先的 3 和 5 纳米技术的强劲需求推动了这一令人印象深刻的季度。</p>
</div><p>What’s more, management highlighted that they saw strong AI-related demand that drove higher utilization rates. They noted that supply for 3nm and 5nm was tight and demand was solid through 2026. Consequently, they raised their 2024 revenue growth guidance from low to mid-20s percent to slightly above mid-20s.</p>
<div class="lb-trans"><p>此外，管理层强调，他们看到了推动更高利用率的强劲人工智能相关需求。他们指出，3 纳米和 5 纳米的供应紧张，需求在 2026 年之前都很稳定。因此，他们将 2024 年的收入增长指引从低 20% 提高到略高于中 20%。</p>
</div><p>Taiwan Semi dominates the foundry business, producing over 60% of the world’s logic semiconductors. Yet, despite this dominance and the struggles at key competitor <strong>Intel</strong> (NASDAQ:<strong>INTC</strong>), you can buy TSM stock at a market multiple. At 25 times forward earnings, the stock is a screaming bargain.</p>
<div class="lb-trans"><p>台积电主导晶圆代工业务，生产全球逻辑半导体的 60% 以上。然而，尽管拥有这种主导地位，而且关键竞争对手 <strong>英特尔</strong>（纳斯达克：<strong>INTC</strong>）陷入困境，你可以以市场倍数购买 TSM 股票。以 25 倍的未来收益计算，该股票是一个非常划算的选择。</p>
</div><p><em>On the date of publication, Charles Munyi had a long position in AMD but did not hold (either directly or indirectly) any positions in other securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.</em></p>
<div class="lb-trans"><p><em>在发布日期，Charles Munyi 持有 AMD 的多头头寸，但在本文提到的其他证券中没有持有（直接或间接）。本文中表达的观点属于作者个人，遵守 InvestorPlace.com 的发布准则。</em></p>
</div><p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div class="lb-trans"><p><em>在发布日期，负责编辑在本文提及的证券中没有任何持仓（直接或间接）</em></p>
</div><p>Charles Munyi has extensive writing experience in various industries, including personal finance, insurance, technology, wealth management and stock investing. He has written for a wide variety of financial websites including Benzinga, The Balance and Investopedia.</p>
<div class="lb-trans"><p>Charles Munyi 在各行业拥有丰富的写作经验，包括个人理财、保险、科技、财富管理和股票投资。他为包括 Benzinga、The Balance 和 Investopedia 在内的多家金融网站撰写过文章。</p>
</div><p>Artificial Intelligence, Technology</p>
<div class="lb-trans"><p>人工智能、科技</p>
</div><p>Growth Stocks</p>
<div class="lb-trans"><p>成长股</p>
</div>

The 3 Best AI Stocks to Buy in August 2024

- 往后，AI 股将面临更严格审查。投资者希望看到投资回报和实际的 AI 收入。
- 三家公司已经在 AI 收入方面创造了数十亿美元。高管在最近的季度财报电话中概述了他们看到的巨大需求。
- 这三家公司在最近的抛售中受到不公正对待，但它们是最佳的 AI 股票之一。

2024 年 8 月最值得购买的三只人工智能股票