<p><strong>安霸</strong>（AMBA -2.01%）在人工智能（AI）半导体市场中可能不是一个家喻户晓的名字，而 <strong>英伟达</strong> 凭借其强大的数据中心显卡在该市场中占据了主导地位。</p>
<p>但投资者会惊讶地发现，前者在过去六个月中远远超过了后者。在此期间，英伟达的股票上涨了 13%，而安霸的涨幅则高达 64%。</p>
<p>尽管英伟达令人印象深刻的股市反弹最近失去了动力，原因有多种因素超出了公司的控制，但在 2 月 26 日发布季度财报时，这家半导体领军企业重新找回状态也并不令人意外。</p>
<p>与此同时，安霸也将在 2 月 26 日市场收盘后公布其最新财报（2025 财年第四季度）。其业绩有很大可能超出华尔街的预期，从而给其股票带来一剂强心针。让我们看看为什么会这样。</p>
<h2>AI 驱动的需求可能帮助安霸交出稳健的业绩</h2>
<p>安霸为&#34;边缘设备&#34;设计计算机视觉处理器，这些设备包括自动驾驶汽车、安全摄像头、无人机、物联网（IoT）设备和可穿戴设备。边缘设备在本地处理和分析数据，而不是将其发送到服务器，因此能够实时提供结果。</p>
<p>对 AI 启用的边缘设备的需求预计将迅速增长。根据一项估计，边缘 AI 硬件市场的收入在未来五年内可能会翻倍。安霸为投资者提供了一个利用边缘 AI 设备普及的机会。Rosenblatt Securities 估计，安霸可能是中国 AI 初创公司 DeepSeek 所取得的突破的受益者之一。</p>
<p>Rosenblatt 分析师 Kevin Cassidy 表示，DeepSeek 开发的低成本 AI 模型可能会促进 AI 应用在边缘设备中的使用。因此，能够处理边缘 AI 任务的处理器的需求也应该增加。好消息是，安霸已经因 AI 而见证了收入和盈利的强劲增长。</p>
<p>该公司在 2025 财年第三季度（截至 2024 年 10 月 31 日）实现了&#34;创纪录的 AI 收入，这反过来又推动了更高的综合平均售价&#34;。安霸的收入在该季度同比增长了 63%，并报告了非 GAAP（调整后）利润，而去年同期则出现了亏损。</p>
<p>安霸预计 2025 财年第四季度的收入中值为 7800 万美元。这比去年同期增长了 51%。共识预期每股亏损 0.02 美元，而去年同期的亏损则为 0.24 美元。然而，别惊讶于安霸交出更强劲的增长，因为该公司一直在见证&#34;我们在其他物联网市场的 AI 系统芯片的采用超出预期&#34;。</p>
<p>该公司还开始向汽车领域的客户提供新型边缘 AI 处理器的样品。所有这些都表明，安霸可能再次超越华尔街的预期，就像过去四个季度那样。</p>
<h2>该公司似乎为强劲增长做好了准备</h2>
<p>安霸指出，2025 财年第三季度 70% 的收入来自边缘 AI 应用。汽车占收入的三分之二，其余来自基于 AI 的物联网应用。</p>
<p>管理层预计其可服务市场将从 2024 财年的约 50 亿美元增长到 2027 年的近 90 亿美元。该公司计划在未来几年推出新的计算机视觉处理器，以维持其近期的强劲增长。该公司预计 2025 财年将增长 23%，这意味着其最新财年的收入为 2.79 亿美元。</p>
<p>未来几年的预测显示出健康的两位数增长。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/7aaa2e8087b24e8988a2e2939404fd94.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/7aaa2e8087b24e8988a2e2939404fd94.png"/></p>
<p>AMBA 当前财年收入预测数据来自 YCharts</p>
<p>更重要的是，安霸健康的收入增长也将传导到底线。分析师预计该公司将在下一个财年实现非 GAAP 基础上的盈利。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/d8b61a5afbe4287ac100c4d770f66d36.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/d8b61a5afbe4287ac100c4d770f66d36.png"/></p>
<p>AMBA 当前财年每股收益预测数据来自 YCharts</p>
<p>市场可能会因安霸底线的显著改善而在股市上给予更多的上涨空间。根据 15 位分析师的覆盖，安霸的股票在未来 12 个月的目标价为 95 美元，较当前水平上涨 22%，而且可能表现得更好。如果你想在投资组合中增加一只 AI 股票，可以考虑安霸，因为它可能在 2 月 26 日发布另一组稳健的季度业绩后再次上涨。</p>

安霸

<p>安霸（Ambarella，AMBA）在人工智能半导体市场的表现优于英伟达（Nvidia），过去六个月股价上涨了 64%，而英伟达仅上涨了 13%。两家公司都将在 2 月 26 日公布季度业绩，预计安霸将超出华尔街的预期，原因是对人工智能边缘设备的强劲需求。该公司在第三季度报告了 63% 的同比收入增长，并预计第四季度收入将增长 51%。分析师预测，安霸的股价在未来一年可能上涨 22%，使其成为希望将人工智能股票纳入投资组合的投资者的强劲候选者</p>

<p><strong>Ambarella</strong>(AMBA -2.01%) may not be a household name in the artificial intelligence (AI) semiconductor market, where <strong>Nvidia</strong> has established a dominant position for itself thanks to its powerful data center graphics cards.</p>
<div class="lb-trans"><p><strong>安霸</strong>（AMBA -2.01%）在人工智能（AI）半导体市场中可能不是一个家喻户晓的名字，而 <strong>英伟达</strong> 凭借其强大的数据中心显卡在该市场中占据了主导地位。</p>
</div><p>But investors will be surprised to know that the former has considerably outshone the latter over the past six months. While Nvidia stock has appreciated 13% during this period, Ambarella has clocked much stronger gains of 64%.</p>
<div class="lb-trans"><p>但投资者会惊讶地发现，前者在过去六个月中远远超过了后者。在此期间，英伟达的股票上涨了 13%，而安霸的涨幅则高达 64%。</p>
</div><p>Nvidia's impressive stock market rally has lost momentum of late thanks to multiple factors outside of the company's control, though it won't be surprising to see this semiconductor bellwether regaining its mojo when it releases its quarterly results on Feb. 26.</p>
<div class="lb-trans"><p>尽管英伟达令人印象深刻的股市反弹最近失去了动力，原因有多种因素超出了公司的控制，但在 2 月 26 日发布季度财报时，这家半导体领军企业重新找回状态也并不令人意外。</p>
</div><p>Meanwhile, Ambarella is also going to announce its latest results (for its fiscal 2025 fourth quarter) after the market closes on Feb. 26. There is a good chance that its results could exceed Wall Street's expectations and give its stock a nice shot in the arm. Let's see why that may be the case.</p>
<div class="lb-trans"><p>与此同时，安霸也将在 2 月 26 日市场收盘后公布其最新财报（2025 财年第四季度）。其业绩有很大可能超出华尔街的预期，从而给其股票带来一剂强心针。让我们看看为什么会这样。</p>
</div><h2>AI-powered demand could help Ambarella deliver solid results</h2>
<div class="lb-trans"><h2>AI 驱动的需求可能帮助安霸交出稳健的业绩</h2>
</div><p>Ambarella designs computer vision processors for &#34;edge devices&#34; such as autonomous vehicles, security cameras, drones, Internet of Things (IoT) devices, and wearables. An edge device processes and analyzes data locally instead of sending it to a server, and so it provides results in real time.</p>
<div class="lb-trans"><p>安霸为&#34;边缘设备&#34;设计计算机视觉处理器，这些设备包括自动驾驶汽车、安全摄像头、无人机、物联网（IoT）设备和可穿戴设备。边缘设备在本地处理和分析数据，而不是将其发送到服务器，因此能够实时提供结果。</p>
</div><p>Demand for AI-enabled edge devices is expected to grow rapidly. According to one estimate, the edge AI hardware market's revenue could more than double over the next five years. Ambarella gives investors an opportunity to capitalize on the proliferation of edge AI devices. Rosenblatt Securities estimates that Ambarella could be one of the beneficiaries of the purported breakthrough achieved by Chinese AI start-up DeepSeek.</p>
<div class="lb-trans"><p>对 AI 启用的边缘设备的需求预计将迅速增长。根据一项估计，边缘 AI 硬件市场的收入在未来五年内可能会翻倍。安霸为投资者提供了一个利用边缘 AI 设备普及的机会。Rosenblatt Securities 估计，安霸可能是中国 AI 初创公司 DeepSeek 所取得的突破的受益者之一。</p>
</div><p>The low-cost AI model developed by DeepSeek could spur the use of AI applications in edge devices, according to Rosenblatt analyst Kevin Cassidy. As a result, the demand for processors capable of handling AI tasks at the edge should also increase. The good part is that Ambarella is already witnessing strong growth in revenue and earnings thanks to AI.</p>
<div class="lb-trans"><p>Rosenblatt 分析师 Kevin Cassidy 表示，DeepSeek 开发的低成本 AI 模型可能会促进 AI 应用在边缘设备中的使用。因此，能够处理边缘 AI 任务的处理器的需求也应该增加。好消息是，安霸已经因 AI 而见证了收入和盈利的强劲增长。</p>
</div><p>The company achieved &#34;record levels of AI revenue which in turn contributed to a higher blended average selling price&#34; in the third quarter of fiscal 2025 (which ended on Oct. 31, 2024). Ambarella's top line shot up an impressive 63% year over year during the quarter, and it reported a non-GAAP (adjusted) profit, compared to a loss in the year-ago period.</p>
<div class="lb-trans"><p>该公司在 2025 财年第三季度（截至 2024 年 10 月 31 日）实现了&#34;创纪录的 AI 收入，这反过来又推动了更高的综合平均售价&#34;。安霸的收入在该季度同比增长了 63%，并报告了非 GAAP（调整后）利润，而去年同期则出现了亏损。</p>
</div><p>Ambarella has guided for fiscal Q4 revenue of $78 million at the midpoint of its guidance range. That would be a 51% jump from the year-ago period. Consensus estimates are projecting a loss of $0.02 per share, compared to a much bigger loss of $0.24 per share in the prior-year period. However, don't be surprised to see Ambarella delivering stronger growth, as the company has been witnessing &#34;better than expected adoption of our AI SoCs in Other IoT markets.&#34;</p>
<div class="lb-trans"><p>安霸预计 2025 财年第四季度的收入中值为 7800 万美元。这比去年同期增长了 51%。共识预期每股亏损 0.02 美元，而去年同期的亏损则为 0.24 美元。然而，别惊讶于安霸交出更强劲的增长，因为该公司一直在见证&#34;我们在其他物联网市场的 AI 系统芯片的采用超出预期&#34;。</p>
</div><p>The company has started sampling a new edge AI processor with customers in the automotive space as well. All this suggests that Ambarella may be on its way to beating Wall Street's expectations once again later this month, just like it has done in the past four quarters.</p>
<div class="lb-trans"><p>该公司还开始向汽车领域的客户提供新型边缘 AI 处理器的样品。所有这些都表明，安霸可能再次超越华尔街的预期，就像过去四个季度那样。</p>
</div><h2>The company seems well-placed for robust growth</h2>
<div class="lb-trans"><h2>该公司似乎为强劲增长做好了准备</h2>
</div><p>Ambarella points out that 70% of its revenue in fiscal Q3 came from edge AI applications. Automotive accounts for two-thirds of revenue, while the remaining comes from AI-based IoT applications.</p>
<div class="lb-trans"><p>安霸指出，2025 财年第三季度 70% 的收入来自边缘 AI 应用。汽车占收入的三分之二，其余来自基于 AI 的物联网应用。</p>
</div><p>Management sees its serviceable market growing from around $5 billion in fiscal 2024 to nearly $9 billion in 2027. The company aims to roll out new computer vision processors over the next couple of years in a bid to sustain the impressive growth it has been clocking of late. The company is forecasting 23% growth in fiscal 2025, which means that it ended its latest fiscal year with $279 million in revenue.</p>
<div class="lb-trans"><p>管理层预计其可服务市场将从 2024 财年的约 50 亿美元增长到 2027 年的近 90 亿美元。该公司计划在未来几年推出新的计算机视觉处理器，以维持其近期的强劲增长。该公司预计 2025 财年将增长 23%，这意味着其最新财年的收入为 2.79 亿美元。</p>
</div><p>The forecast for the next couple of years points toward healthy double-digit growth.</p>
<div class="lb-trans"><p>未来几年的预测显示出健康的两位数增长。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/7aaa2e8087b24e8988a2e2939404fd94.png" alt="" original-src="https://media.ycharts.com/charts/7aaa2e8087b24e8988a2e2939404fd94.png"/></p>
<p>AMBA Revenue Estimates for Current Fiscal Year data by YCharts</p>
<div class="lb-trans"><p>AMBA 当前财年收入预测数据来自 YCharts</p>
</div><p>What's more, Ambarella's healthy top-line growth is set to filter down to the bottom line as well. Analysts are projecting the company to become profitable on a non-GAAP basis in the next fiscal year.</p>
<div class="lb-trans"><p>更重要的是，安霸健康的收入增长也将传导到底线。分析师预计该公司将在下一个财年实现非 GAAP 基础上的盈利。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/d8b61a5afbe4287ac100c4d770f66d36.png" alt="" original-src="https://media.ycharts.com/charts/d8b61a5afbe4287ac100c4d770f66d36.png"/></p>
<p>AMBA EPS Estimates for Current Fiscal Year data by YCharts</p>
<div class="lb-trans"><p>AMBA 当前财年每股收益预测数据来自 YCharts</p>
</div><p>The market could reward the substantial improvement in Ambarella's bottom line with more upside on the stock market. Ambarella's shares have a 12-month price target of $95, as per 15 analysts covering it, pointing toward 22% gains from current levels, and they could do even better. If you're looking to add an AI stock to your portfolio, consider Ambarella, as it may jump higher after another set of solid quarterly results on Feb. 26.</p>
<div class="lb-trans"><p>市场可能会因安霸底线的显著改善而在股市上给予更多的上涨空间。根据 15 位分析师的覆盖，安霸的股票在未来 12 个月的目标价为 95 美元，较当前水平上涨 22%，而且可能表现得更好。如果你想在投资组合中增加一只 AI 股票，可以考虑安霸，因为它可能在 2 月 26 日发布另一组稳健的季度业绩后再次上涨。</p>
</div>

Prediction: This Artificial Intelligence (AI) Chip Stock Will Soar Higher After Feb. 26 (Hint: It's Not Nvidia)

- Ambarella 在过去六个月的股价上涨了 64%，远超 Nvidia 的 13% 增幅。  
- 公司预计在 2 月 26 日发布的财报将超出华尔街预期，受益于 AI 边缘设备需求增长。  
- Ambarella 的收入预计在 2025 财年达到 2.79 亿美元，未来几年将保持健康的双位数增长。  

预测：这只人工智能（AI）芯片股票将在 2 月 26 日后大涨（提示：不是英伟达）