<p><strong>英伟达</strong> 和 <strong>Palantir Technologies</strong> 的股票在过去两年中以惊人的方式飙升，原因是全球对人工智能（AI）技术的快速增长的采用。</p>
<p>自 2023 年初以来，英伟达的股票上涨了令人印象深刻的 886%，而 Palantir 的股票在撰写本文时则上涨了超过 2000%。这些惊人的收益是由于对英伟达 AI 硬件和 Palantir 软件平台的快速增长的需求，这些平台帮助公司和政府将生成式 AI 整合到他们的运营中。</p>
<p>然而，他们的惊人上涨也解释了为什么这两只股票现在的交易估值如此高。英伟达的市盈率目前为 46，而 Palantir 的市盈率则高达 608 倍。这就是为什么仔细研究另一家不仅受益于对 AI 硬件、软件和其他工具日益增长的需求，而且目前交易估值也很有吸引力的公司的好主意。</p>
<p>让我们看看为什么这家替代英伟达和 Palantir 的公司可能会成为现在最值得购买的 AI 股票之一。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjEyMjYvcGVyc29uLW9ubGluZS1zaG9wcGluZy5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="466" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjEyMjYvcGVyc29uLW9ubGluZS1zaG9wcGluZy5qcGcmdz03MDA"/></p>
<p>图片来源：Getty Images。</p>
<h2>这家科技巨头在多个领域受益于 AI 的采用</h2>
<p><strong>亚马逊</strong>（AMZN 1.14%）是全球第四大公司，市值为 2.2 万亿美元。自 2023 年初以来，该公司的股票上涨了令人印象深刻的 148%，超过了同期 <strong>纳斯达克综合指数</strong>87% 的涨幅。尽管亚马逊的涨幅不如英伟达和 Palantir 那么大，但考虑到它可能受益的与 AI 相关的市场，长期来看这种情况可能会改变。</p>
<p>亚马逊最初是一个在线书籍市场，后来发展成为一个拥有全球影响力的全面电子商务巨头。然而，亚马逊并没有止步于电子商务。它现在是全球最大的公共云基础设施服务提供商，通过其 Prime 订阅服务提供电影和音乐流媒体，甚至还有一个蓬勃发展的广告业务。</p>
<p>重要的是，亚马逊在所有这些领域都在利用 AI 的采用。在 2025 年第一季度的财报电话会议上，首席执行官安迪·贾西表示：</p>
<blockquote>
<p>你可以看到我们在我们的履行网络、机器人、购物、Prime 视频和广告体验中如何使用 AI。你也可以看到 AWS 为外部和内部开发者构建自己的 AI 解决方案所构建的基础设施。</p>
</blockquote>
<p>例如，亚马逊在其电子商务平台上部署了 AI 驱动的购物助手，为购物者提供个性化建议，这一举措可以帮助提升销售。该公司还利用 AI 和机器学习分析客户数据，以改善产品建议，同时使其平台上的卖家和品牌能够使用这项技术来优化产品页面、创建营销和社交媒体内容，以及研究关键词。</p>
<p>所有这些都表明，亚马逊已经在电子商务中抓住了与 AI 相关的机会，根据第三方估计，到 2033 年，这可能为公司解锁 510 亿美元的年收入机会。同时，亚马逊还在利用 AI 改善其履行服务，以便能够更快地交付，并在其履行中心部署 AI 驱动的机器人以提高效率并降低成本。</p>
<p>然而，亚马逊的 AI 机会并不止于此，因为该公司希望在云 AI 市场中占据更大的份额，利用其高效的内部定制处理器。虽然英伟达目前在 AI 芯片市场中无可争议地处于领先地位，拥有强大的显卡，但亚马逊等主要云服务提供商一直在开发内部芯片，以便为客户提供更高的性能和更低的成本。</p>
<p>例如，亚马逊声称其 Trainium2 定制芯片的性能是其前身的四倍，并且在运行某些 AI 模型时，成本可能是英伟达产品的一半。此外，该公司声称其专门用于 AI 推理的 Inferentia 芯片在与显卡相比时，成本可以降低 40%。</p>
<p>预计到 2030 年，定制 AI 处理器的采用将以 32% 的惊人速度增长，因此亚马逊很可能会继续看到其云平台上与 AI 相关的工作负载增加。此外，该公司在云基础设施市场中占据领先地位，预计在第一季度末的市场份额为 29%。这使其在云 AI 市场中处于一个稳固的位置，预计到 2033 年，该市场将产生超过 1.1 万亿美元的年收入。</p>
<p>总的来说，亚马逊在与 AI 相关的多个有利可图的机会中占据了有利地位，这可能在长期内推动公司的增长。</p>
<h2>为什么亚马逊相比 Palantir 和英伟达是更好的 AI 股票</h2>
<p>我已经展示了 Palantir 和英伟达目前的交易倍数都很高。当然，他们可以用令人印象深刻的增长率来支撑他们的高估值，但即使是亚马逊的盈利增长率也预计会在未来改善。共识估计预计亚马逊今年的每股收益将增长 12%，达到 6.21 美元。预计在接下来的几年中将出现更强劲的增长。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c47f66a22592bacaed81954bd742a3a9.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="720" height="380" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c47f66a22592bacaed81954bd742a3a9.png"/></p>
<p>AMZN 当前财政年度每股收益估计数据来源于 YCharts</p>
<p>考虑到亚马逊将从中受益的最终市场规模，长期来看，亚马逊实现更强劲的增长率也并不令人惊讶。全球电子商务市场预计到 2029 年将达到近 6 万亿美元的年收入，而云 AI 服务可能解锁超过 1 万亿美元的收入机会。</p>
<p>考虑到亚马逊目前的市盈率为 34 倍，低于 Palantir 和 Nvidia 等公司的水平。因此，如果你在寻找一只合理估值且具有强劲增长潜力的人工智能股票，可以考虑在亚马逊在过去两年半的健康增长后再次飙升之前购买它。</p>

亚马逊

亚马逊每日 2 倍做多 ETF - Direxion

<p>由于对人工智能技术需求的增长，Nvidia 和 Palantir 的股票大幅上涨，自 2023 年初以来，Nvidia 上涨了 886%，Palantir 更是上涨了超过 2000%。然而，这两只股票的估值都很高。相比之下，亚马逊在同一时期上涨了 148%，并且在其各项服务中，包括电子商务和云计算，处于有利位置，能够从人工智能中受益。亚马逊的定制人工智能芯片和其运营中的人工智能驱动增强功能表明，它可能是人工智能领域一个强有力的替代投资</p>

<p>Shares of <strong>Nvidia</strong> and <strong>Palantir Technologies</strong> have surged in phenomenal fashion in the past two years or so amid the rapidly growing adoption of artificial intelligence (AI) technology across the globe.</p>
<div class="lb-trans"><p><strong>英伟达</strong> 和 <strong>Palantir Technologies</strong> 的股票在过去两年中以惊人的方式飙升，原因是全球对人工智能（AI）技术的快速增长的采用。</p>
</div><p>While Nvidia stock has jumped an impressive 886% since the beginning of 2023, Palantir has witnessed a bigger surge of more than 2,000% as of this writing. These eye-popping gains are a result of the fast-growing demand for Nvidia's AI hardware and Palantir's software platforms that help companies and governments integrate generative AI into their operations.</p>
<div class="lb-trans"><p>自 2023 年初以来，英伟达的股票上涨了令人印象深刻的 886%，而 Palantir 的股票在撰写本文时则上涨了超过 2000%。这些惊人的收益是由于对英伟达 AI 硬件和 Palantir 软件平台的快速增长的需求，这些平台帮助公司和政府将生成式 AI 整合到他们的运营中。</p>
</div><p>However, their stunning surges explains why the two stocks are now trading at premium valuations. Nvidia's price-to-earnings ratio stands at 46 right now, while Palantir is way more expensive at 608 times earnings. That's why it would be a good idea to take a closer look at another company that's not only benefiting from the growing demand for AI hardware, software, and other tools but is also trading at an attractive valuation right now.</p>
<div class="lb-trans"><p>然而，他们的惊人上涨也解释了为什么这两只股票现在的交易估值如此高。英伟达的市盈率目前为 46，而 Palantir 的市盈率则高达 608 倍。这就是为什么仔细研究另一家不仅受益于对 AI 硬件、软件和其他工具日益增长的需求，而且目前交易估值也很有吸引力的公司的好主意。</p>
</div><p>Let's look at the reasons why this alternative to Nvidia and Palantir could turn out to be one of the best AI stocks to buy right now.</p>
<div class="lb-trans"><p>让我们看看为什么这家替代英伟达和 Palantir 的公司可能会成为现在最值得购买的 AI 股票之一。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjEyMjYvcGVyc29uLW9ubGluZS1zaG9wcGluZy5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F821226%2Fperson-online-shopping.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>This tech giant is gaining from AI adoption in multiple areas</h2>
<div class="lb-trans"><h2>这家科技巨头在多个领域受益于 AI 的采用</h2>
</div><p><strong>Amazon</strong>(AMZN 1.14%) is the fourth-largest company in the world with a market cap of $2.2 trillion. Shares of the company have soared an impressive 148% since the beginning of 2023, outpacing the 87% gains clocked by the <strong>Nasdaq Composite</strong> index over the same period. Though Amazon's gains aren't as big as those of Nvidia and Palantir, that could change in the long run considering the AI-related markets it could benefit from.</p>
<div class="lb-trans"><p><strong>亚马逊</strong>（AMZN 1.14%）是全球第四大公司，市值为 2.2 万亿美元。自 2023 年初以来，该公司的股票上涨了令人印象深刻的 148%，超过了同期 <strong>纳斯达克综合指数</strong>87% 的涨幅。尽管亚马逊的涨幅不如英伟达和 Palantir 那么大，但考虑到它可能受益的与 AI 相关的市场，长期来看这种情况可能会改变。</p>
</div><p>Amazon started out as an online marketplace selling books before turning into a full-fledged e-commerce giant with a global presence. However, Amazon didn't stop at just e-commerce. It is now the world's largest provider of public cloud infrastructure services, offers movie and music streaming through its Prime subscription service, and even has a blooming advertising business.</p>
<div class="lb-trans"><p>亚马逊最初是一个在线书籍市场，后来发展成为一个拥有全球影响力的全面电子商务巨头。然而，亚马逊并没有止步于电子商务。它现在是全球最大的公共云基础设施服务提供商，通过其 Prime 订阅服务提供电影和音乐流媒体，甚至还有一个蓬勃发展的广告业务。</p>
</div><p>Importantly, Amazon is on track to gain from the adoption of AI in all these areas. On its first-quarter 2025 earnings conference call, CEO Andy Jassy said:</p>
<div class="lb-trans"><p>重要的是，亚马逊在所有这些领域都在利用 AI 的采用。在 2025 年第一季度的财报电话会议上，首席执行官安迪·贾西表示：</p>
</div><blockquote>
<p>You can see that in how we're using AI in our fulfillment network, robotics, shopping, Prime Video, and advertising experiences. And you can see that in the building blocks AWS is constructing for external and internal builders to build their own AI solutions.</p>
</blockquote>
<div class="lb-trans"><blockquote>
<p>你可以看到我们在我们的履行网络、机器人、购物、Prime 视频和广告体验中如何使用 AI。你也可以看到 AWS 为外部和内部开发者构建自己的 AI 解决方案所构建的基础设施。</p>
</blockquote>
</div><p>For instance, Amazon has deployed AI-powered shopping assistants on its e-commerce platform to provide personalized suggestions to shoppers in a move that can help boost sales. The company is also using AI and machine learning to analyze customer data to improve product suggestions, while also enabling sellers and brands on its platform to use this technology to optimize their product pages, create marketing and social media content, and research keywords.</p>
<div class="lb-trans"><p>例如，亚马逊在其电子商务平台上部署了 AI 驱动的购物助手，为购物者提供个性化建议，这一举措可以帮助提升销售。该公司还利用 AI 和机器学习分析客户数据，以改善产品建议，同时使其平台上的卖家和品牌能够使用这项技术来优化产品页面、创建营销和社交媒体内容，以及研究关键词。</p>
</div><p>All this suggests that Amazon is already on track to capitalize on the AI-specific opportunity in e-commerce, which could unlock a $51 billion annual revenue opportunity for the company by 2033, according to third-party estimates. Meanwhile, Amazon is also taking AI's help to improve its fulfillment services so that it can make faster deliveries and is deploying AI-powered robots in its fulfillment centers to improve efficiency and reduce costs.</p>
<div class="lb-trans"><p>所有这些都表明，亚马逊已经在电子商务中抓住了与 AI 相关的机会，根据第三方估计，到 2033 年，这可能为公司解锁 510 亿美元的年收入机会。同时，亚马逊还在利用 AI 改善其履行服务，以便能够更快地交付，并在其履行中心部署 AI 驱动的机器人以提高效率并降低成本。</p>
</div><p>However, Amazon's AI opportunity doesn't end here as the company is looking to capture a bigger share of the cloud AI market with its efficient, in-house custom processors. While Nvidia is the undisputed leader in the AI chip market right now with its powerful graphics cards, major cloud service providers such as Amazon have been developing in-house chips to offer higher performance at lower costs to their customers.</p>
<div class="lb-trans"><p>然而，亚马逊的 AI 机会并不止于此，因为该公司希望在云 AI 市场中占据更大的份额，利用其高效的内部定制处理器。虽然英伟达目前在 AI 芯片市场中无可争议地处于领先地位，拥有强大的显卡，但亚马逊等主要云服务提供商一直在开发内部芯片，以便为客户提供更高的性能和更低的成本。</p>
</div><p>For example, Amazon claims that its Trainium2 custom chip is four times more powerful than its predecessor and could be half as expensive while running certain AI models when compared to Nvidia's offerings. Additionally, the company claims that its AI inference-specific Inferentia chip could reduce costs by 40% when compared to graphics cards.</p>
<div class="lb-trans"><p>例如，亚马逊声称其 Trainium2 定制芯片的性能是其前身的四倍，并且在运行某些 AI 模型时，成本可能是英伟达产品的一半。此外，该公司声称其专门用于 AI 推理的 Inferentia 芯片在与显卡相比时，成本可以降低 40%。</p>
</div><p>With the adoption of custom AI processors expected to grow at an impressive rate of 32% through 2030, there is a good chance that Amazon will continue to witness an increase in AI-related workloads running on its cloud platform. Moreover, the company leads the cloud infrastructure market with an estimated share of 29% at the end of the first quarter. This puts it in a solid position to make the most of the cloud AI market that's expected to generate more than $1.1 trillion in annual revenue by 2033.</p>
<div class="lb-trans"><p>预计到 2030 年，定制 AI 处理器的采用将以 32% 的惊人速度增长，因此亚马逊很可能会继续看到其云平台上与 AI 相关的工作负载增加。此外，该公司在云基础设施市场中占据领先地位，预计在第一季度末的市场份额为 29%。这使其在云 AI 市场中处于一个稳固的位置，预计到 2033 年，该市场将产生超过 1.1 万亿美元的年收入。</p>
</div><p>In all, Amazon is sitting on multiple lucrative opportunities related to AI which could supercharge the company's growth in the long run.</p>
<div class="lb-trans"><p>总的来说，亚马逊在与 AI 相关的多个有利可图的机会中占据了有利地位，这可能在长期内推动公司的增长。</p>
</div><h2>Why Amazon is a better AI stock to buy when compared to Palantir and Nvidia</h2>
<div class="lb-trans"><h2>为什么亚马逊相比 Palantir 和英伟达是更好的 AI 股票</h2>
</div><p>I've shown that Palantir and Nvidia are trading at expensive multiples right now. Of course, they can back up their expensive valuations with their impressive growth rates, but even Amazon's earnings growth rate is set to improve going forward. Consensus estimates are projecting a 12% jump in Amazon's earnings this year to $6.21 per share. This is expected to be followed by much stronger growth over the next couple of years.</p>
<div class="lb-trans"><p>我已经展示了 Palantir 和英伟达目前的交易倍数都很高。当然，他们可以用令人印象深刻的增长率来支撑他们的高估值，但即使是亚马逊的盈利增长率也预计会在未来改善。共识估计预计亚马逊今年的每股收益将增长 12%，达到 6.21 美元。预计在接下来的几年中将出现更强劲的增长。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c47f66a22592bacaed81954bd742a3a9.png" alt="" original-src="https://media.ycharts.com/charts/c47f66a22592bacaed81954bd742a3a9.png"/></p>
<p>AMZN EPS Estimates for Current Fiscal Year data by YCharts</p>
<div class="lb-trans"><p>AMZN 当前财政年度每股收益估计数据来源于 YCharts</p>
</div><p>It won't be surprising to see Amazon clocking stronger growth rates in the long run as well, considering the size of the end markets that it stands to gain from. The global e-commerce market alone is expected to hit almost $6 trillion in annual revenue by 2029, and cloud AI services could unlock a $1 trillion-plus revenue opportunity.</p>
<div class="lb-trans"><p>考虑到亚马逊将从中受益的最终市场规模，长期来看，亚马逊实现更强劲的增长率也并不令人惊讶。全球电子商务市场预计到 2029 年将达到近 6 万亿美元的年收入，而云 AI 服务可能解锁超过 1 万亿美元的收入机会。</p>
</div><p>Given that Amazon is now trading at 34 times trailing earnings, it is cheaper than the likes of Palantir and Nvidia. So if you're looking for a reasonably valued AI stock with strong growth potential, consider buying Amazon before it soars higher following its healthy gains of the past two and a half years.</p>
<div class="lb-trans"><p>考虑到亚马逊目前的市盈率为 34 倍，低于 Palantir 和 Nvidia 等公司的水平。因此，如果你在寻找一只合理估值且具有强劲增长潜力的人工智能股票，可以考虑在亚马逊在过去两年半的健康增长后再次飙升之前购买它。</p>
</div>

The Best AI Stock Today Isn't Nvidia or Palantir, and Shares Are Soaring

- Nvidia 和 Palantir 的股价在过去两年大幅上涨，分别增长 886% 和 2000%。  
- 亚马逊的股价自 2023 年初上涨 148%，并在多个领域受益于 AI 采用。  
- 亚马逊的市盈率为 34，低于 Palantir 和 Nvidia，具备强劲增长潜力。  

今天表现最佳的 AI 股票并非英伟达或 Palantir，其股价正在大幅上涨