<p>高通（Qualcomm，股票代码：QCOM）股票在周一大幅上涨，投资者继续涌入半导体股票，受益于持续的人工智能热潮。</p>
<p>股价一度上涨 12.7%，创下 247.90 美元的历史新高，使高通成为标准普尔 500 指数中表现最强劲的股票之一。</p>
<p>然而，在撰写本文时，股价已经回落了一部分涨幅，目前上涨约 6%。</p>
<p>不过，即使这些涨幅保持不变，该股也将创下自 2024 年 6 月 18 日以来的首次收盘新高，当时股价收于 227.09 美元，依据道琼斯市场数据。</p>
<p>此次反弹正值半导体股票经历数十年来最强劲的上涨之一，受到对人工智能基础设施和计算硬件需求激增的推动。</p>
<p>PHLX 半导体指数——广为人知的 SOX 指数——最近录得自 2000 年互联网泡沫以来最大的 25 天涨幅。</p>
<p><strong>高通的人工智能转型势头增强</strong></p>
<p>虽然高通历史上主要被视为智能手机芯片公司，但随着公司扩展到人工智能、汽车技术、物联网设备和数据中心处理器，投资者情绪正在迅速转变。</p>
<p>该股目前正朝着连续第五个交易日上涨的方向发展，在此期间股价上涨了约 40%——这是自 2019 年 4 月以来最强劲的五天表现。</p>
<p>在高通 4 月末发布的财年第二季度财报后，势头加速。</p>
<p>尽管公司发布了稳健的财务业绩，但投资者更关注高通在人工智能数据中心芯片方面的进展迹象。</p>
<p>首席执行官 Cristiano Amon 告诉分析师，高通预计将在 12 月季度开始向一家大型超大规模云客户发货定制的数据中心处理器。</p>
<p>“这是一个大型超大规模客户，我们真的在考虑多代合作，” Amon 在财报电话会议上表示。</p>
<p>公司没有透露客户的身份，但表示将在 6 月的投资者日上提供更多细节。</p>
<p>这些评论增强了投资者的预期，即高通可能在人工智能基础设施领域成为一个重要参与者，超越其传统的移动业务。</p>
<p><strong>芯片反弹在整个行业扩展</strong></p>
<p>最新的涨幅也正值投资者越来越广泛地增加对半导体行业的曝光，而不仅仅是专注于人工智能领军者英伟达。</p>
<p>该行业近期的强劲表现是由于对人工智能需求将支持包括中央处理器、网络、内存和数据中心基础设施在内的多种芯片类别的长期支出乐观情绪的推动。</p>
<p>与此同时，围绕英特尔的乐观情绪也帮助支持了更广泛的半导体市场情绪。</p>
<p>在周五，英特尔股价上涨 14%，此前有报道称它已与苹果达成初步协议，在美国制造一些未来苹果设备的芯片。</p>
<p>这一发展增强了对与人工智能基础设施和先进计算相关的半导体需求依然极为强劲的预期。</p>
<p>在周一的其他半导体公司中，超微（Advanced Micro Devices）股价略微下跌，而 Arm Holdings 小幅下滑，英伟达上涨约 1.3%。</p>
<p><strong>分析师积极上调目标价</strong></p>
<p>华尔街分析师在高通股价大幅反弹和前景改善后，纷纷上调高通的目标价。</p>
<p>大和证券将高通评级从中性上调至跑赢大盘，并将目标价从 140 美元上调至 225 美元。</p>
<p>Tigress Financial Partners 将目标价从 270 美元上调至 280 美元，同时维持买入评级，称高通是一个 “越来越有吸引力” 的投资。</p>
<p>Benchmark Company 也将目标价从 200 美元上调至 225 美元，并维持买入推荐。</p>

高通

纳指 100 ETF - Invesco

QCMU

<p>高通（Qualcomm，股票代码：QCOM）股价在人工智能热潮中飙升 12.7%，创下 247.90 美元的历史新高，成为标准普尔 500 指数中的顶尖表现者。目前股价上涨约 6%，有望标志着自 2024 年 6 月以来的首次创纪录收盘高点。半导体行业正经历强劲需求，尤其是在人工智能基础设施方面。高通向人工智能和数据中心处理器的转型正在获得动力，预计将在 12 月进行首次出货。分析师大幅上调了价格目标，反映出对公司的积极前景</p>

<p>Qualcomm (QCOM) stock surged on Monday as investors continued piling into semiconductor shares amid the ongoing artificial intelligence boom.</p>
<div class="lb-trans"><p>高通（Qualcomm，股票代码：QCOM）股票在周一大幅上涨，投资者继续涌入半导体股票，受益于持续的人工智能热潮。</p>
</div><p>Shares jumped as much as 12.7% to hit a record high of $247.90, making Qualcomm one of the strongest performers in the S&amp;P 500 session.</p>
<div class="lb-trans"><p>股价一度上涨 12.7%，创下 247.90 美元的历史新高，使高通成为标准普尔 500 指数中表现最强劲的股票之一。</p>
</div><p>However, the stock had given up some of those gains at the time of writing. It is now up around 6%.</p>
<div class="lb-trans"><p>然而，在撰写本文时，股价已经回落了一部分涨幅，目前上涨约 6%。</p>
</div><p>However, even if these gains hold, the stock would notch its first record closing high since June 18, 2024, when shares ended at $227.09, according to Dow Jones Market Data.</p>
<div class="lb-trans"><p>不过，即使这些涨幅保持不变，该股也将创下自 2024 年 6 月 18 日以来的首次收盘新高，当时股价收于 227.09 美元，依据道琼斯市场数据。</p>
</div><p>The rally comes as semiconductor stocks continue one of their strongest runs in decades, fuelled by surging demand for AI infrastructure and computing hardware.</p>
<div class="lb-trans"><p>此次反弹正值半导体股票经历数十年来最强劲的上涨之一，受到对人工智能基础设施和计算硬件需求激增的推动。</p>
</div><p>The PHLX Semiconductor Index — widely known as the SOX index — recently recorded its biggest 25-day rally since the 2000 dot-com era.</p>
<div class="lb-trans"><p>PHLX 半导体指数——广为人知的 SOX 指数——最近录得自 2000 年互联网泡沫以来最大的 25 天涨幅。</p>
</div><p><strong>Qualcomm’s AI pivot gains momentum</strong></p>
<div class="lb-trans"><p><strong>高通的人工智能转型势头增强</strong></p>
</div><p>While Qualcomm has historically been viewed primarily as a smartphone chip company, investor sentiment is rapidly shifting as the company expands into artificial intelligence, automotive technology, internet-of-things devices, and data-centre processors.</p>
<div class="lb-trans"><p>虽然高通历史上主要被视为智能手机芯片公司，但随着公司扩展到人工智能、汽车技术、物联网设备和数据中心处理器，投资者情绪正在迅速转变。</p>
</div><p>The stock is now on track for its fifth consecutive positive session, during which shares have climbed roughly 40% — its strongest five-day stretch since April 2019.</p>
<div class="lb-trans"><p>该股目前正朝着连续第五个交易日上涨的方向发展，在此期间股价上涨了约 40%——这是自 2019 年 4 月以来最强劲的五天表现。</p>
</div><p>Momentum accelerated following Qualcomm’s fiscal second-quarter earnings report at the end of April.</p>
<div class="lb-trans"><p>在高通 4 月末发布的财年第二季度财报后，势头加速。</p>
</div><p>Although the company posted solid financial results, investors were more focused on signs that Qualcomm’s push into AI data-centre chips is beginning to gain traction.</p>
<div class="lb-trans"><p>尽管公司发布了稳健的财务业绩，但投资者更关注高通在人工智能数据中心芯片方面的进展迹象。</p>
</div><p>Chief Executive Cristiano Amon told analysts that Qualcomm expects initial shipments of a custom data-centre processor to begin during the December quarter for a large hyperscale cloud customer.</p>
<div class="lb-trans"><p>首席执行官 Cristiano Amon 告诉分析师，高通预计将在 12 月季度开始向一家大型超大规模云客户发货定制的数据中心处理器。</p>
</div><p>“It is a large hyperscaler, and we’re really thinking about a multi-generation engagement,” Amon said during the earnings call.</p>
<div class="lb-trans"><p>“这是一个大型超大规模客户，我们真的在考虑多代合作，” Amon 在财报电话会议上表示。</p>
</div><p>The company did not disclose the customer’s identity but said more details would be provided during its investor day in June.</p>
<div class="lb-trans"><p>公司没有透露客户的身份，但表示将在 6 月的投资者日上提供更多细节。</p>
</div><p>The comments reinforced investor expectations that Qualcomm could emerge as a meaningful player in AI infrastructure beyond its traditional mobile business.</p>
<div class="lb-trans"><p>这些评论增强了投资者的预期，即高通可能在人工智能基础设施领域成为一个重要参与者，超越其传统的移动业务。</p>
</div><p><strong>Chip rally broadens across sector</strong></p>
<div class="lb-trans"><p><strong>芯片反弹在整个行业扩展</strong></p>
</div><p>The latest gains also come as investors increasingly broaden exposure across the semiconductor industry rather than focusing solely on AI leader Nvidia.</p>
<div class="lb-trans"><p>最新的涨幅也正值投资者越来越广泛地增加对半导体行业的曝光，而不仅仅是专注于人工智能领军者英伟达。</p>
</div><p>Recent strength across the sector has been driven by growing optimism that AI demand will support long-term spending across a wide range of chip categories, including CPUs, networking, memory, and data-centre infrastructure.</p>
<div class="lb-trans"><p>该行业近期的强劲表现是由于对人工智能需求将支持包括中央处理器、网络、内存和数据中心基础设施在内的多种芯片类别的长期支出乐观情绪的推动。</p>
</div><p>Meanwhile, optimism around Intel has also helped support broader semiconductor sentiment.</p>
<div class="lb-trans"><p>与此同时，围绕英特尔的乐观情绪也帮助支持了更广泛的半导体市场情绪。</p>
</div><p>Intel surged 14% on Friday following reports that it had reached a preliminary agreement with Apple to manufacture some chips for future Apple devices in the United States.</p>
<div class="lb-trans"><p>在周五，英特尔股价上涨 14%，此前有报道称它已与苹果达成初步协议，在美国制造一些未来苹果设备的芯片。</p>
</div><p>That development reinforced expectations that semiconductor demand tied to AI infrastructure and advanced computing remains extremely strong.</p>
<div class="lb-trans"><p>这一发展增强了对与人工智能基础设施和先进计算相关的半导体需求依然极为强劲的预期。</p>
</div><p>Elsewhere in the sector on Monday, Advanced Micro Devices edged slightly lower, while Arm Holdings declined modestly and Nvidia added roughly 1.3%.</p>
<div class="lb-trans"><p>在周一的其他半导体公司中，超微（Advanced Micro Devices）股价略微下跌，而 Arm Holdings 小幅下滑，英伟达上涨约 1.3%。</p>
</div><p><strong>Analysts raise targets aggressively</strong></p>
<div class="lb-trans"><p><strong>分析师积极上调目标价</strong></p>
</div><p>Wall Street analysts have been scrambling to raise Qualcomm price targets following the stock’s sharp rally and improving outlook.</p>
<div class="lb-trans"><p>华尔街分析师在高通股价大幅反弹和前景改善后，纷纷上调高通的目标价。</p>
</div><p>Daiwa Securities upgraded Qualcomm to Outperform from Neutral and raised its price target to $225 from $140.</p>
<div class="lb-trans"><p>大和证券将高通评级从中性上调至跑赢大盘，并将目标价从 140 美元上调至 225 美元。</p>
</div><p>Tigress Financial Partners lifted its target to $280 from $270 while maintaining a Buy rating, calling Qualcomm an “increasingly compelling” investment.</p>
<div class="lb-trans"><p>Tigress Financial Partners 将目标价从 270 美元上调至 280 美元，同时维持买入评级，称高通是一个 “越来越有吸引力” 的投资。</p>
</div><p>Benchmark Company also increased its target price to $225 from $200 and maintained a Buy recommendation.</p>
<div class="lb-trans"><p>Benchmark Company 也将目标价从 200 美元上调至 225 美元，并维持买入推荐。</p>
</div>

Qualcomm stock continues dream run: how high can it go?

- 高通股票在人工智能热潮中上涨，周一涨幅达 12.7%。  
- 其市值创下记录新高，投资者看好其 AI 数据中心芯片前景。  
- 分析师纷纷上调目标价，反映出市场对高通的乐观态度。

高通股票持续梦幻般的上涨：它能涨到多高？