<p>自从大约三年前生成性人工智能（AI）崭露头角以来，<strong>Nvidia</strong>（NVDA 0.80%）的股票一直备受瞩目。该公司是图形处理单元（GPU）的领先供应商，这些先进的计算芯片支撑着这一技术。对其高端处理器的前所未有的需求推动了其收入和利润的迅猛增长，使其成为 全球最有价值的公司，市值达到 4.6 万亿美元。许多专家认为，AI 的采用才刚刚开始。</p><p>然而，一些人对逐渐消退的热度和不均衡的采用感到担忧，并在寻找确认 AI 增长将继续的迹象。考虑到其三年来的辉煌表现，部分投资者的犹豫不决也就不难理解。</p><p><strong>台湾半导体制造</strong>（TSM +1.85%），通常称为台积电，刚刚提供了最有力的证据，表明对 AI 的需求依然强劲。</p><figure class="image"><img src="https://pub.pbkrs.com/uploads/2026/7b869228df8786c5b713f980426f35c7?x-oss-process=style/lg" width="2000" height="1200" original-src="https://pub.pbkrs.com/uploads/2026/7b869228df8786c5b713f980426f35c7"/></figure><p>图片来源：Nvidia。</p><h2 id="5okza4i45">创纪录的月销售额</h2><p>台积电被誉为全球最先进的芯片代工厂，因此被称为全球最大的合同芯片制造商。它控制着全球芯片市场约 71% 的份额，并制造超过 90% 的最先进的 半导体，使其成为 AI 需求的一个重要风向标。</p><p>当首席执行官魏哲家发布公司的月销售数据时，投资者感到震惊。在 1 月份，台积电的净收入为 4012.6 亿新台币（约合 127 亿美元），同比增长 37%，比 12 月份增长 20%。这标志着台积电历史上最高的月销售额，因为对先进处理器的需求加速增长。</p><p>台积电为 AI、高性能计算（HPC）和智能手机提供最先进的芯片，因此它对科技行业需求的脉搏了如指掌。虽然这些结果无疑对台积电的投资者是积极的，但它们也具有更广泛的意义。</p><p>展开</p><figure class="image"><img src="https://pub.pbkrs.com/uploads/2026/40d96c9a16a6e09c1cdd91ecfdc1e576?x-oss-process=style/lg" alt="台湾半导体制造股票报价" width="80" height="80" original-src="https://pub.pbkrs.com/uploads/2026/40d96c9a16a6e09c1cdd91ecfdc1e576"/></figure><h2 id="j7rsreson">NYSE: TSM</h2><p>台湾半导体制造</p><p>今日变动</p><p>(1.85%) $6.57</p><p>当前价格</p><p>$361.98</p><h3 id="t6fw861p9">关键数据点</h3><p>市值</p><p>$1.9T</p><p>日内区间</p><p>$356.40 - $364.74</p><p>52 周区间</p><p>$134.25 - $364.76</p><p>成交量</p><p>704K</p><p>平均成交量</p><p>13M</p><p>毛利率</p><p>59.02%</p><p>股息收益率</p><p>0.85%</p><h2 id="ntqhzg07h">连接点</h2><p>大多数 AI 处理发生在数据中心，这是 Nvidia 的主场。根据 IoT Analytics 的数据，该公司在数据中心 GPU 市场占据 92% 的主导地位。对其芯片的无与伦比的需求使 Nvidia 成为台积电最重要的客户之一。此外，虽然 <strong>苹果</strong> 长期以来是台积电在销售方面最大的客户，但最近的报告表明，Nvidia 有望在 2026 年之前超越苹果。</p><p>退一步看，台积电的结果表明对以 AI 为中心的芯片的持续强劲需求，进而表明对 Nvidia GPU 的强劲需求。</p><p>科技行业正在拥抱 AI，受到客户强劲需求的推动。这正在推动数据中心的繁荣，预计到 2030 年支出将达到 3 万亿到 4 万亿美元。GPU 是数据中心支出的最大成本驱动因素，占总成本的约 39%。作为数据中心 GPU 的领先供应商，Nvidia 可能会从这一支出中受益。</p><p>该公司计划发布其 2026 财年第四季度（截至 1 月 26 日）的业绩，且 市场期待很高。Nvidia 预计同比收入增长 65%，这将比第三季度 62% 的增长有所加速。</p><p>展开</p><figure class="image"><img src="https://pub.pbkrs.com/uploads/2026/3a2baba2d2011167ba6725748156c6c5?x-oss-process=style/lg" alt="Nvidia 股票报价" width="80" height="80" original-src="https://pub.pbkrs.com/uploads/2026/3a2baba2d2011167ba6725748156c6c5"/></figure><h2 id="9zyt741s">NASDAQ: NVDA</h2><p>Nvidia</p><p>今日变动</p><p>(-0.80%) $-1.51</p><p>当前价格</p><p>$188.53</p><h3 id="awvw1ach8">关键数据点</h3><p>市值</p><p>$4.6T</p><p>日内区间</p><p>$188.12 - $192.48</p><p>52 周区间</p><p>$86.62 - $212.19</p><p>成交量</p><p>3.8M</p><p>平均成交量</p><p>181M</p><p>毛利率</p><p>70.05%</p><p>股息收益率</p><p>0.02%</p><h2 id="6e8ogqam">Nvidia 股票值得购买吗？</h2><p>对于投资者来说，显然有上行空间。Nvidia 是华尔街上评级最高的股票之一。在 2 月份提供意见的 63 位分析师中，有 94% 将其评级为买入或强烈买入。此外，254 美元的平均目标价意味着相较于周一的收盘价有 33% 的潜在上行空间。</p><p>Evercore ISI 分析师 Mark Lipacis 对 Nvidia 的看法比华尔街同行更为乐观，给出了 352 美元的目标价，或 85% 的潜在上行空间。该分析师称 Nvidia 是 2026 年的 “首选”，因为 “向并行处理的重大转变”。</p><p>截至目前，Nvidia 的股票在过去三年中上涨了 746%，这主要是由于对 AI 的强劲需求。尽管经历了如此显著的上涨，但该股票的估值仍然令人惊讶地低，低于未来收益的 25 倍。</p><p>考虑到 Nvidia 的显著市场份额、强劲的需求（从台积电的强劲业绩中可以看出）以及华尔街的优异评级，我认为该公司在继续受益于 AI 加速采用方面处于良好位置。</p>

英伟达

台积电

标普半导体 ETF - SPDR

半导体 ETF - VanEck Vectors

费城交易所 半导体 ETF - iShares

2 倍做多 NVDA ETF - T-Rex

半导体 3 倍做多 - Direxion

<p>台湾半导体制造公司（TSMC）首席执行官魏哲家宣布，创纪录的月销售额达到 4012.6 亿新台币，同比增长 37%，这表明对以人工智能为中心的芯片需求强劲。这对在数据中心 GPU 市场占主导地位的英伟达（Nvidia）来说是个好兆头，预计其收入将显著增长。分析师对英伟达的股票持乐观态度，94% 的人给予 “买入” 或 “强烈买入” 的评级，预计其股价有 33% 的上涨潜力。英伟达强大的市场地位和 TSMC 的业绩表明，人工智能的采用和对其 GPU 的需求将持续增长</p>

<p>Since generative artificial intelligence (AI) burst onto the scene roughly three years ago, <strong>Nvidia</strong>( NVDA 0.80%) stock has been in the limelight. The company is the leading supplier of graphics processing units (GPUs), the advanced computer chips that underpin the technology. The unprecedented demand for its high-end processors fueled blistering revenue and profit growth, making it the world's most valuable company, with a market cap of $4.6 trillion. Many experts believe AI adoption is just beginning.</p>
<div class="lb-trans"><p>自从大约三年前生成性人工智能（AI）崭露头角以来，<strong>Nvidia</strong>（NVDA 0.80%）的股票一直备受瞩目。该公司是图形处理单元（GPU）的领先供应商，这些先进的计算芯片支撑着这一技术。对其高端处理器的前所未有的需求推动了其收入和利润的迅猛增长，使其成为 全球最有价值的公司，市值达到 4.6 万亿美元。许多专家认为，AI 的采用才刚刚开始。</p>
</div><p>However, some are wary of the fading buzz and uneven adoption, and are looking for confirmation that AI growth will continue. Given its epic three-year run, it's easy to see why some investors have grown hesitant.</p>
<div class="lb-trans"><p>然而，一些人对逐渐消退的热度和不均衡的采用感到担忧，并在寻找确认 AI 增长将继续的迹象。考虑到其三年来的辉煌表现，部分投资者的犹豫不决也就不难理解。</p>
</div><p><strong>Taiwan Semiconductor Manufacturing</strong>( TSM +1.85%), commonly known as TSMC, just provided the most convincing proof yet that demand for AI remains robust.</p>
<div class="lb-trans"><p><strong>台湾半导体制造</strong>（TSM +1.85%），通常称为台积电，刚刚提供了最有力的证据，表明对 AI 的需求依然强劲。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NTU3ODUvbnZpZGlhLWhlYWRxdWFydGVycy13aXRoLXRoZS1udmlkaWEtbG9nby1zaWduLWluLWZyb250LnBuZyZ3PTM4NDA" alt="Nvidia headquarters with the Nvidia logo sign in front." original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F855785%2Fnvidia-headquarters-with-the-nvidia-logo-sign-in-front.png&amp;w=3840&amp;op=resize"/></p>
<p>Image source: Nvidia.</p>
<div class="lb-trans"><p>图片来源：Nvidia。</p>
</div><h2>Record monthly sales</h2>
<div class="lb-trans"><h2>创纪录的月销售额</h2>
</div><p>TSMC has earned bragging rights as the world's most advanced chip foundry, resulting in its billing as the world's largest contract chipmaker. It controls roughly 71% of the global chip market and manufactures more than 90% of the most advanced semiconductors, making it a closely watched bellwether for AI demand.</p>
<div class="lb-trans"><p>台积电被誉为全球最先进的芯片代工厂，因此被称为全球最大的合同芯片制造商。它控制着全球芯片市场约 71% 的份额，并制造超过 90% 的最先进的 半导体，使其成为 AI 需求的一个重要风向标。</p>
</div><p>When CEO C.C. Wei released the company's monthly sales figures, investors were taken aback. In January, TSMC delivered net revenue of NT$401.26 billion (roughly $12.7 billion), which jumped 37% year over year and was a 20% increase from December. This marked the highest monthly sales in TSMC's history, as demand for advanced processors kicked into overdrive.</p>
<div class="lb-trans"><p>当首席执行官魏哲家发布公司的月销售数据时，投资者感到震惊。在 1 月份，台积电的净收入为 4012.6 亿新台币（约合 127 亿美元），同比增长 37%，比 12 月份增长 20%。这标志着台积电历史上最高的月销售额，因为对先进处理器的需求加速增长。</p>
</div><p>TSMC provides the most advanced chips for AI, high-performance computing (HPC), and smartphones, so it has its finger on the pulse of tech industry demand. While the results are undoubtedly positive for TSMC investors, they also have broader implications.</p>
<div class="lb-trans"><p>台积电为 AI、高性能计算（HPC）和智能手机提供最先进的芯片，因此它对科技行业需求的脉搏了如指掌。虽然这些结果无疑对台积电的投资者是积极的，但它们也具有更广泛的意义。</p>
</div><p>Expand</p>
<div class="lb-trans"><p>展开</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL1RTTS5wbmcmdz0xMjg" alt="Taiwan Semiconductor Manufacturing Stock Quote" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FTSM.png&amp;w=128&amp;op=resize"/></p>
<h2>NYSE: TSM</h2>
<div class="lb-trans"><h2>NYSE: TSM</h2>
</div><p>Taiwan Semiconductor Manufacturing</p>
<div class="lb-trans"><p>台湾半导体制造</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日变动</p>
</div><p>(1.85%) $6.57</p>
<div class="lb-trans"><p>(1.85%) $6.57</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>当前价格</p>
</div><p>$361.98</p>
<div class="lb-trans"><p>$361.98</p>
</div><h3>Key Data Points</h3>
<div class="lb-trans"><h3>关键数据点</h3>
</div><p>Market Cap</p>
<div class="lb-trans"><p>市值</p>
</div><p>$1.9T</p>
<div class="lb-trans"><p>$1.9T</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日内区间</p>
</div><p>$356.40 - $364.74</p>
<div class="lb-trans"><p>$356.40 - $364.74</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周区间</p>
</div><p>$134.25 - $364.76</p>
<div class="lb-trans"><p>$134.25 - $364.76</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>704K</p>
<div class="lb-trans"><p>704K</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>13M</p>
<div class="lb-trans"><p>13M</p>
</div><p>Gross Margin</p>
<div class="lb-trans"><p>毛利率</p>
</div><p>59.02%</p>
<div class="lb-trans"><p>59.02%</p>
</div><p>Dividend Yield</p>
<div class="lb-trans"><p>股息收益率</p>
</div><p>0.85%</p>
<div class="lb-trans"><p>0.85%</p>
</div><h2>Connecting the dots</h2>
<div class="lb-trans"><h2>连接点</h2>
</div><p>Most AI processing takes place in data centers, which is Nvidia's home turf. The company holds a dominate 92% of the data center GPU market, according to IoT Analytics. The unparalleled demand for its chips makes Nvidia one of TSMC's most important clients. Moreover, while <strong>Apple</strong> has long been TSMC's largest customer in terms of sales, recent reports suggest that Nvidia is poised to take the crown from Apple sometime in 2026.</p>
<div class="lb-trans"><p>大多数 AI 处理发生在数据中心，这是 Nvidia 的主场。根据 IoT Analytics 的数据，该公司在数据中心 GPU 市场占据 92% 的主导地位。对其芯片的无与伦比的需求使 Nvidia 成为台积电最重要的客户之一。此外，虽然 <strong>苹果</strong> 长期以来是台积电在销售方面最大的客户，但最近的报告表明，Nvidia 有望在 2026 年之前超越苹果。</p>
</div><p>Taking a step back, TSMC's results suggest strong ongoing demand for AI-centric chips and, by extension, strong demand for Nvidia's GPUs.</p>
<div class="lb-trans"><p>退一步看，台积电的结果表明对以 AI 为中心的芯片的持续强劲需求，进而表明对 Nvidia GPU 的强劲需求。</p>
</div><p>The tech industry is embracing AI, fueled by strong demand from customers. This is driving a data center boom, with spending of $3 trillion to $4 trillion expected by 2030. GPUs are the single biggest cost driver of data center spending, accounting for roughly 39% of total costs. As the leading provider of data center GPUs, Nvidia will likely be the beneficiary of a significant portion of that spending.</p>
<div class="lb-trans"><p>科技行业正在拥抱 AI，受到客户强劲需求的推动。这正在推动数据中心的繁荣，预计到 2030 年支出将达到 3 万亿到 4 万亿美元。GPU 是数据中心支出的最大成本驱动因素，占总成本的约 39%。作为数据中心 GPU 的领先供应商，Nvidia 可能会从这一支出中受益。</p>
</div><p>The company is scheduled to report the results of its fiscal 2026 fourth quarter (ended Jan. 26), and anticipation is high. Nvidia is guiding for year-over-year revenue growth of 65%, which would mark an acceleration from the 62% growth in Q3.</p>
<div class="lb-trans"><p>该公司计划发布其 2026 财年第四季度（截至 1 月 26 日）的业绩，且 市场期待很高。Nvidia 预计同比收入增长 65%，这将比第三季度 62% 的增长有所加速。</p>
</div><p>Expand</p>
<div class="lb-trans"><p>展开</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nJnc9MTI4" alt="Nvidia Stock Quote" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FNVDA.png&amp;w=128&amp;op=resize"/></p>
<h2>NASDAQ: NVDA</h2>
<div class="lb-trans"><h2>NASDAQ: NVDA</h2>
</div><p>Nvidia</p>
<div class="lb-trans"><p>Nvidia</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日变动</p>
</div><p>(-0.80%) $-1.51</p>
<div class="lb-trans"><p>(-0.80%) $-1.51</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>当前价格</p>
</div><p>$188.53</p>
<div class="lb-trans"><p>$188.53</p>
</div><h3>Key Data Points</h3>
<div class="lb-trans"><h3>关键数据点</h3>
</div><p>Market Cap</p>
<div class="lb-trans"><p>市值</p>
</div><p>$4.6T</p>
<div class="lb-trans"><p>$4.6T</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日内区间</p>
</div><p>$188.12 - $192.48</p>
<div class="lb-trans"><p>$188.12 - $192.48</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周区间</p>
</div><p>$86.62 - $212.19</p>
<div class="lb-trans"><p>$86.62 - $212.19</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>3.8M</p>
<div class="lb-trans"><p>3.8M</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>181M</p>
<div class="lb-trans"><p>181M</p>
</div><p>Gross Margin</p>
<div class="lb-trans"><p>毛利率</p>
</div><p>70.05%</p>
<div class="lb-trans"><p>70.05%</p>
</div><p>Dividend Yield</p>
<div class="lb-trans"><p>股息收益率</p>
</div><p>0.02%</p>
<div class="lb-trans"><p>0.02%</p>
</div><h2>Is Nvidia stock a buy?</h2>
<div class="lb-trans"><h2>Nvidia 股票值得购买吗？</h2>
</div><p>For investors, there's clear upside. Nvidia is one of the most highly rated stocks on Wall Street. Of the 63 analysts who offered an opinion in February, 94% rate it a buy or strong buy. Furthermore, an average price target of $254 implies potential upside of 33% from Monday's closing price.</p>
<div class="lb-trans"><p>对于投资者来说，显然有上行空间。Nvidia 是华尔街上评级最高的股票之一。在 2 月份提供意见的 63 位分析师中，有 94% 将其评级为买入或强烈买入。此外，254 美元的平均目标价意味着相较于周一的收盘价有 33% 的潜在上行空间。</p>
</div><p>Evercore ISI analyst Mark Lipacis is more bullish than his Wall Street peers, with a $352 price target on Nvidia, or potential upside of 85%. The analyst calls Nvidia the &#34;Top Pick&#34; for 2026, thanks to the &#34;tectonic shift to parallel processing.&#34;</p>
<div class="lb-trans"><p>Evercore ISI 分析师 Mark Lipacis 对 Nvidia 的看法比华尔街同行更为乐观，给出了 352 美元的目标价，或 85% 的潜在上行空间。该分析师称 Nvidia 是 2026 年的 “首选”，因为 “向并行处理的重大转变”。</p>
</div><p>Nvidia stock has gained 746% over the past three years (as of this writing), driven higher by blistering demand for AI. Despite that significant run-up, the stock is still surprisingly affordable at less than 25 times forward earnings.</p>
<div class="lb-trans"><p>截至目前，Nvidia 的股票在过去三年中上涨了 746%，这主要是由于对 AI 的强劲需求。尽管经历了如此显著的上涨，但该股票的估值仍然令人惊讶地低，低于未来收益的 25 倍。</p>
</div><p>Given Nvidia's significant market share, strong demand -- as evidenced by TSMC's robust results -- and a stellar rating from Wall Street, I'd argue the company is well-positioned to continue benefiting from the accelerating adoption of AI.</p>
<div class="lb-trans"><p>考虑到 Nvidia 的显著市场份额、强劲的需求（从台积电的强劲业绩中可以看出）以及华尔街的优异评级，我认为该公司在继续受益于 AI 加速采用方面处于良好位置。</p>
</div>

Taiwan Semiconductor Manufacturing (TSM) CEO C.C. Wei Just Delivered Fantastic News for Nvidia Investors

- TSMC 1 月销售额创新高，显示 AI 对芯片需求强劲。
- Nvidia 在数据中心 GPU 市场占有 92% 市场份额，受益明显。
- 多位分析师对 Nvidia 持乐观态度，目标价均指向上涨空间。

台湾半导体制造公司（TSM）的首席执行官魏哲家刚刚为英伟达的投资者传递了极好的消息