<p>人工智能（AI）投资仍然是市场上的主导主题。大量资金正在投入到构建 AI 生产能力中，一小部分股票正在从这一支出中受益。</p>
<p>我最喜欢的两只股票是 <strong>英伟达</strong>（NVDA -0.64%）和 <strong>台积电</strong>（TSM -0.65%）。这两家公司预计在未来几年将经历巨大的增长，使它们成为我目前最喜欢的 AI 股票。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjMyNDQvYWktYXJ0aWZpY2lhbC1pbnRlbGxpZ2VuY2UtbmV1cmFsLW5ldHdvcmstdGVjaG5vbG9neS5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="376" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjMyNDQvYWktYXJ0aWZpY2lhbC1pbnRlbGxpZ2VuY2UtbmV1cmFsLW5ldHdvcmstdGVjaG5vbG9neS5qcGcmdz03MDA"/></p>
<p>图片来源：Getty Images。</p>
<h2>英伟达</h2>
<p>英伟达制造图形处理单元（GPU），这是一种专门的计算设备，擅长处理高负载的工作。这是因为它们可以并行处理多个计算，并可以连接成集群以增强这一效果。AI 计算集群有时容纳 100,000 个或更多的英伟达 GPU，这创造了终极的 AI 训练机器。</p>
<p>随着 AI 超大规模公司计划在 2025 年花费创纪录的资金用于数据中心，这对英伟达的长期前景是个好兆头。数据中心的建设不是一年内能完成的。建设过程漫长而复杂，如果一家公司今天决定建造一个数据中心，可能需要数年才能投入运营。因此，投资者可以预期这一创纪录的数据中心支出将持续多年，这表明英伟达的大规模数据中心 GPU 销售可能会继续。</p>
<p>英伟达最近还收到了来自美国政府的好消息。早在四月，英伟达的 H20 芯片出口许可证被撤销。这些芯片是专门设计以满足对中国的出口限制，而出口许可证的撤销预计将使英伟达在第二季度损失约 80 亿美元的销售额。尽管英伟达仍然预计将产生 450 亿美元的收入，但这对其来说是一个巨大的打击。然而，英伟达宣布正在重新申请出口许可证，并得到了美国政府的保证，称其将获得批准。这将导致英伟达的销售增加，并使其能够继续保持令人瞩目的增长。</p>
<p>虽然 H20 芯片对第二季度的销售数字没有时间产生影响，但它可能会对第三季度的数字产生一些影响。虽然英伟达预计第二季度的收入增长为 50%，但如果包括预计的 H20 销售，这一数字将达到 77%。这表明英伟达的销售并没有像市场预期的那样迅速放缓，展示了 AI 领域令人难以置信的增长。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/565481a5a073297f77b3ce364f41f3f6.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="720" height="441" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/565481a5a073297f77b3ce364f41f3f6.png"/></p>
<p>NVDA 营业收入（季度同比增长）数据来源于 YCharts</p>
<p>英伟达将继续成为顶级 AI 投资选择，我认为每位投资者都应该对英伟达有所投资。</p>
<h2>台积电</h2>
<p>台积电制造英伟达的芯片，因为英伟达无法在内部生产这些芯片。台积电的客户名单上还有其他主要科技公司，包括 <strong>苹果</strong> 和 <strong>博通</strong>。几乎每一家利用尖端技术的公司现在都在与台积电合作，这对其市场地位是个好兆头。</p>
<p>台积电通过几种方式确立了其领导地位。首先，它不与客户竞争。台积电仅是一家芯片代工厂，并不试图通过直接向消费者提供芯片来削弱客户的利益。其次，它始终处于新芯片技术的前沿，这确保了客户可以长期与台积电保持合作，而不需要在不同的代工厂之间跳跃以获取新技术。最后，台积电拥有行业领先的工艺，使其能够实现最佳的良率。目前，这在 3 纳米芯片节点领域得到了体现，台积电的良率约为 90%，而唯一一家拥有该技术的代工厂 <strong>三星</strong> 的良率 reportedly stuck at 50%。</p>
<p>凭借台积电的领导地位，其客户通常提前数年下订单。这为管理层提供了对未来的良好视野，使其能够做出大胆的预测，例如它在 2025 年初所做的预测。在 2025 年开始的五年期间，管理层预计与 AI 相关的收入将以 45% 的复合年增长率（CAGR）增长。台积电服务的客户不仅限于 AI 相关的公司，但它仍然预计其总收入将以近 20% 的 CAGR 增长。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/0b456f8fc8d8ffec5af974b4e019d147.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="720" height="441" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/0b456f8fc8d8ffec5af974b4e019d147.png"/></p>
<p>TSM 营业收入（季度同比增长）数据来源于 YCharts</p>
<p>这令人难以置信的增长，突显了为什么台积电在 AI 投资领域是必不可少的。</p>
<p>目前，台积电和英伟达都是 AI 领域的绝佳投资选择。两者都预计将实现巨大的增长，为投资者提供了在未来五年超越市场的绝佳机会。</p>

英伟达

台积电

2 倍做多英伟达 ETF - GraniteShares

南方两倍做多英伟达

南方两倍做空英伟达

英伟达期权收益策略 ETF - YieldMax

1 倍做空英伟达 ETF - Direxion

2 倍做多 NVDA ETF - T-Rex

2 倍做空 NVDA ETF - T-Rex

半导体 3 倍做多 - Direxion

<p>人工智能（AI）投资仍然是一个关键的市场主题，AI 生产能力的投资显著。值得考虑的两只顶级股票是英伟达和台积电。英伟达以其 GPU 而闻名，预计将受益于创纪录的数据中心支出，并计划重新申请出口许可证，这可能会推动销售。台积电作为领先的芯片代工厂，为主要科技客户提供服务，并预计从 2025 年开始，AI 相关收入将实现 45% 的年复合增长率。两家公司在 AI 领域都具备显著的增长潜力</p>

<p>Artificial intelligence (AI) investing is still a dominant theme in the market. A substantial amount of money is being invested in building out AI production capabilities, and a select group of stocks is benefiting from this spending.</p>
<div class="lb-trans"><p>人工智能（AI）投资仍然是市场上的主导主题。大量资金正在投入到构建 AI 生产能力中，一小部分股票正在从这一支出中受益。</p>
</div><p>Two of my favorites are <strong>Nvidia</strong>(NVDA -0.64%) and <strong>Taiwan Semiconductor Manufacturing</strong>(TSM -0.65%). These two are both expected to experience monster growth over the next few years, making them among my favorite AI stocks to buy right now.</p>
<div class="lb-trans"><p>我最喜欢的两只股票是 <strong>英伟达</strong>（NVDA -0.64%）和 <strong>台积电</strong>（TSM -0.65%）。这两家公司预计在未来几年将经历巨大的增长，使它们成为我目前最喜欢的 AI 股票。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjMyNDQvYWktYXJ0aWZpY2lhbC1pbnRlbGxpZ2VuY2UtbmV1cmFsLW5ldHdvcmstdGVjaG5vbG9neS5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F823244%2Fai-artificial-intelligence-neural-network-technology.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>Nvidia</h2>
<div class="lb-trans"><h2>英伟达</h2>
</div><p>Nvidia manufactures graphics processing units (GPUs), specialized computing devices that excel at handling demanding workloads. This is because they can process multiple calculations in parallel and be connected in clusters to amplify that effect. With AI computing clusters sometimes housing 100,000 or more Nvidia GPUs, this creates the ultimate AI training machine.</p>
<div class="lb-trans"><p>英伟达制造图形处理单元（GPU），这是一种专门的计算设备，擅长处理高负载的工作。这是因为它们可以并行处理多个计算，并可以连接成集群以增强这一效果。AI 计算集群有时容纳 100,000 个或更多的英伟达 GPU，这创造了终极的 AI 训练机器。</p>
</div><p>With AI hyperscalers planning to spend record amounts on data centers in 2025, this bodes well for Nvidia's long-term prospects. Data centers aren't built in a year. The process of building them is lengthy and complex, and if a company decides to build one today, it can take years before it becomes operational. As a result, investors can expect this record-setting data center spend to persist for multiple years, indicating that Nvidia's massive data center GPU sales are likely to continue.</p>
<div class="lb-trans"><p>随着 AI 超大规模公司计划在 2025 年花费创纪录的资金用于数据中心，这对英伟达的长期前景是个好兆头。数据中心的建设不是一年内能完成的。建设过程漫长而复杂，如果一家公司今天决定建造一个数据中心，可能需要数年才能投入运营。因此，投资者可以预期这一创纪录的数据中心支出将持续多年，这表明英伟达的大规模数据中心 GPU 销售可能会继续。</p>
</div><p>Nvidia also received fantastic news from the U.S. government recently. Back in April, Nvidia's export license for H20 chips was revoked. These chips were specifically designed to meet export restrictions to China, and the revocation of its export license was slated to cost Nvidia about $8 billion in sales during the second quarter. While Nvidia still expects to generate $45 billion in revenue, this was a huge blow. However, Nvidia announced that it is reapplying for an export license and has assurances from the U.S. government that it will be approved. This will lead to increased sales for Nvidia and enable it to continue its impressive growth.</p>
<div class="lb-trans"><p>英伟达最近还收到了来自美国政府的好消息。早在四月，英伟达的 H20 芯片出口许可证被撤销。这些芯片是专门设计以满足对中国的出口限制，而出口许可证的撤销预计将使英伟达在第二季度损失约 80 亿美元的销售额。尽管英伟达仍然预计将产生 450 亿美元的收入，但这对其来说是一个巨大的打击。然而，英伟达宣布正在重新申请出口许可证，并得到了美国政府的保证，称其将获得批准。这将导致英伟达的销售增加，并使其能够继续保持令人瞩目的增长。</p>
</div><p>While there is no time for H20 chips to impact Q2's sales numbers, it will likely have some effect on Q3's figures. While Nvidia expects 50% revenue growth in Q2, that number would have been 77% if projected H20 sales were included. That would indicate that Nvidia's sales aren't slowing down as quickly as the market expects, showcasing the unbelievable growth in the AI field.</p>
<div class="lb-trans"><p>虽然 H20 芯片对第二季度的销售数字没有时间产生影响，但它可能会对第三季度的数字产生一些影响。虽然英伟达预计第二季度的收入增长为 50%，但如果包括预计的 H20 销售，这一数字将达到 77%。这表明英伟达的销售并没有像市场预期的那样迅速放缓，展示了 AI 领域令人难以置信的增长。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/565481a5a073297f77b3ce364f41f3f6.png" alt="" original-src="https://media.ycharts.com/charts/565481a5a073297f77b3ce364f41f3f6.png"/></p>
<p>NVDA Operating Revenue (Quarterly YoY Growth) data by YCharts</p>
<div class="lb-trans"><p>NVDA 营业收入（季度同比增长）数据来源于 YCharts</p>
</div><p>Nvidia will continue to be a top AI investment option, and I think every investor should have some exposure to Nvidia.</p>
<div class="lb-trans"><p>英伟达将继续成为顶级 AI 投资选择，我认为每位投资者都应该对英伟达有所投资。</p>
</div><h2>Taiwan Semiconductor Manufacturing</h2>
<div class="lb-trans"><h2>台积电</h2>
</div><p>Taiwan Semiconductor manufactures Nvidia's chips, as Nvidia can't produce them in-house. TSMC also has other major tech companies on its client list, including <strong>Apple</strong> and <strong>Broadcom</strong>. Nearly every company utilizing cutting-edge technology is now working with Taiwan Semiconductor, which bodes well for its market position.</p>
<div class="lb-trans"><p>台积电制造英伟达的芯片，因为英伟达无法在内部生产这些芯片。台积电的客户名单上还有其他主要科技公司，包括 <strong>苹果</strong> 和 <strong>博通</strong>。几乎每一家利用尖端技术的公司现在都在与台积电合作，这对其市场地位是个好兆头。</p>
</div><p>Taiwan Semiconductor established its leadership position in a few ways. First, it's not competing against its customers. Taiwan Semiconductor is a chip foundry only, and isn't trying to undercut its clients by offering chips directly to consumers. Second, it is always at the forefront of new chip technology, which assures its clients that they can remain long-term customers with TSMC instead of needing to hop between foundries to gain access to new tech. Lastly, Taiwan Semiconductor has industry-leading processes that allow it to achieve best-in-class yields. This is currently playing out in the 3nm (nanometer) chip node realm, as TSMC's yield is around 90%, while the only other foundry with this technology, <strong>Samsung</strong>, is reportedly stuck at 50%.</p>
<div class="lb-trans"><p>台积电通过几种方式确立了其领导地位。首先，它不与客户竞争。台积电仅是一家芯片代工厂，并不试图通过直接向消费者提供芯片来削弱客户的利益。其次，它始终处于新芯片技术的前沿，这确保了客户可以长期与台积电保持合作，而不需要在不同的代工厂之间跳跃以获取新技术。最后，台积电拥有行业领先的工艺，使其能够实现最佳的良率。目前，这在 3 纳米芯片节点领域得到了体现，台积电的良率约为 90%，而唯一一家拥有该技术的代工厂 <strong>三星</strong> 的良率 reportedly stuck at 50%。</p>
</div><p>With Taiwan Semiconductor's leadership position, its clients often place orders years in advance. This provides management with an excellent view into what the future holds, allowing it to make bold predictions, such as the one it made at the start of 2025. For the five-year period starting in 2025, management expects AI-related revenue to grow at a 45% compounded annual growth rate (CAGR). TSMC serves more customers than just AI-centric ones, but it still projects its total revenue to grow at a CAGR of nearly 20%.</p>
<div class="lb-trans"><p>凭借台积电的领导地位，其客户通常提前数年下订单。这为管理层提供了对未来的良好视野，使其能够做出大胆的预测，例如它在 2025 年初所做的预测。在 2025 年开始的五年期间，管理层预计与 AI 相关的收入将以 45% 的复合年增长率（CAGR）增长。台积电服务的客户不仅限于 AI 相关的公司，但它仍然预计其总收入将以近 20% 的 CAGR 增长。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/0b456f8fc8d8ffec5af974b4e019d147.png" alt="" original-src="https://media.ycharts.com/charts/0b456f8fc8d8ffec5af974b4e019d147.png"/></p>
<p>TSM Operating Revenue (Quarterly YoY Growth) data by YCharts</p>
<div class="lb-trans"><p>TSM 营业收入（季度同比增长）数据来源于 YCharts</p>
</div><p>That's incredible growth, highlighting why Taiwan Semiconductor is a must-own in the AI investment world.</p>
<div class="lb-trans"><p>这令人难以置信的增长，突显了为什么台积电在 AI 投资领域是必不可少的。</p>
</div><p>Both Taiwan Semiconductor and Nvidia are fantastic investment options in the AI realm right now. Each is expecting massive growth, giving investors a great opportunity to outperform the market over the next five years.</p>
<div class="lb-trans"><p>目前，台积电和英伟达都是 AI 领域的绝佳投资选择。两者都预计将实现巨大的增长，为投资者提供了在未来五年超越市场的绝佳机会。</p>
</div>

2 Top Artificial Intelligence (AI) Stocks to Buy Right Now

- 人工智能投资仍是市场主流，Nvidia 和台积电受益显著。  
- Nvidia 预计在数据中心支出增加的背景下，长期前景良好。  
- 台积电预计 AI 相关收入将以 45% 的年复合增长率增长。  

两只顶级人工智能（AI）股票现在值得买入