<p>半导体分析师表示，人工智能支出热潮持续重塑芯片行业，推动内存、网络、电源半导体和人工智能基础设施公司的长期需求。</p>
<p><strong>PHLX 半导体指数</strong> 年初至今上涨了 60%，过去 12 个月上涨超过 131%。</p>
<h2>Seaport Research 表示人工智能需求正在影响芯片行业</h2>
<p><strong>Seaport Research Partners</strong> 的分析师 Jay Goldberg 在周六对 CNBC 表示，人工智能需求是正在半导体行业传播的主要力量，最初使 <strong>NVIDIA Corp</strong> (NASDAQ: NVDA) 和 <strong>Broadcom Inc</strong> (NASDAQ: AVGO) 受益，随后扩展到网络、内存和半导体设备股票。</p>
<p>Goldberg 表示，人工智能驱动的需求正在从根本上改变行业的某些部分，特别是内存市场，企业现在正在获得历史上难以获得的长期供应合同。</p>
<p>尽管对长期人工智能周期持乐观态度，Goldberg 警告称，半导体股票可能会面临周期性的回调，因为市场目前对乘坐人工智能浪潮的公司期望近乎完美的执行。</p>
<p>他还指出，<strong>ON Semiconductor Corp</strong> (NASDAQ: ON)、<strong>Texas Instruments Inc</strong> (NASDAQ: TXN)、<strong>Analog Devices, Inc</strong> (NASDAQ: ADI) 和 <strong>Infineon Technologies AG</strong> (OTC: IFNNY) 等电源半导体公司是扩展人工智能基础设施需求的下一个可能受益者，尤其是数据中心向更高电压电源架构迁移时。</p>
<p>Goldberg 补充说，包括 <strong>Samsung Electronics Co. Ltd</strong> (OTC: SSNLF) 的潜在劳工罢工在内的供应中断，可能进一步收紧内存市场。然而，现有的长期合同可能会减轻短期短缺的影响。</p>
<h2>Melius Research 表示人工智能热潮仍有增长空间</h2>
<p><strong>Melius Research</strong> 技术研究负责人 Ben Reitzes 在周一对 CNBC 表示，半导体的反弹仍有进一步上升空间，因为超大规模企业继续将运营现金流投入人工智能基础设施投资。</p>
<p>Reitzes 表示，与 <strong>OpenAI</strong>、<strong>Alphabet Inc.</strong> (NASDAQ: GOOGL) <strong>Google</strong> 及其他人工智能领导者相关的创新正在加速收入增长，并推动半导体生态系统内的额外资本支出。</p>
<p>他认为，人工智能基础设施需求依然强劲，因为高利润的科技公司大多数投资是内部融资，而不是过度依赖外部融资。</p>
<p>Reitzes 还强调了与台湾及半导体供应链相关的地缘政治风险，表示美国仍需加速国内芯片制造投资。</p>
<p>他将当前环境描述为对 <strong>Intel Corp</strong> (NASDAQ: INTC) 及其他非 <strong>台湾半导体制造公司</strong> (NYSE: TSM) 的看涨。</p>
<p>在芯片股票中，Reitzes 将内存公司 <strong>Micron Technology Inc</strong> (NASDAQ: MU) 和 <strong>SanDisk Corp</strong> (NASDAQ: SNDK) 视为有吸引力的长期机会，因为内存已成为人工智能基础设施中的关键瓶颈。</p>
<p>他说，长期供应协议可能使内存收益更加可预测，并可能支持更高的估值倍数。</p>
<p><strong>价格动态：</strong> 在周三的盘前交易中，NVIDIA 的股价上涨了 1.71%，至 224.38 美元，Broadcom 的股价上涨了 1.09%，至 415.56 美元，SanDisk 的股价上涨了 2.15%，至 1413.00 美元，Intel 的股价上涨了 4.15%，至 115.40 美元，Micron Technology 的股价上涨了 4.04%，至 727.00 美元， 根据 Benzinga Pro 数据。</p>
<p><em>图片来源于 Shutterstock</em></p>

英伟达

美光科技

闪迪

<p>人工智能支出热潮正在重塑半导体行业，推动对存储、网络和电源芯片的需求。分析师预测将持续增长，像英伟达和博通这样的公司将最初受益。然而，潜在的供应中断和市场预期可能导致回调。存储市场的长期合同可能会缓解短期短缺。分析师还强调了地缘政治风险以及增加国内芯片制造的必要性。美光科技和闪迪等股票因其在人工智能基础设施中的关键角色被视为有吸引力的长期投资</p>

<p>Semiconductor analysts said the artificial intelligence spending boom continues to reshape the chip industry, driving long-term demand across memory, networking, power semiconductors, and AI infrastructure companies.</p>
<div class="lb-trans"><p>半导体分析师表示，人工智能支出热潮持续重塑芯片行业，推动内存、网络、电源半导体和人工智能基础设施公司的长期需求。</p>
</div><p>The <strong>PHLX Semiconductor Index</strong> has gained 60% year-to-date and over 131% in the last 12 months.</p>
<div class="lb-trans"><p><strong>PHLX 半导体指数</strong> 年初至今上涨了 60%，过去 12 个月上涨超过 131%。</p>
</div><h2>Seaport Research Says AI Demand Is Rippling Across Chips</h2>
<div class="lb-trans"><h2>Seaport Research 表示人工智能需求正在影响芯片行业</h2>
</div><p><strong>Seaport Research Partners</strong> analyst Jay Goldberg told CNBC on Saturday that AI demand is a major force spreading through the semiconductor industry, initially benefiting <strong>NVIDIA Corp</strong>. (NASDAQ: NVDA) and <strong>Broadcom Inc</strong>. (NASDAQ: AVGO) before expanding into networking, memory, and semiconductor equipment stocks.</p>
<div class="lb-trans"><p><strong>Seaport Research Partners</strong> 的分析师 Jay Goldberg 在周六对 CNBC 表示，人工智能需求是正在半导体行业传播的主要力量，最初使 <strong>NVIDIA Corp</strong> (NASDAQ: NVDA) 和 <strong>Broadcom Inc</strong> (NASDAQ: AVGO) 受益，随后扩展到网络、内存和半导体设备股票。</p>
</div><p>Goldberg said AI-driven demand is fundamentally changing parts of the industry, particularly the memory markets, where companies are now securing long-term supply contracts that were historically difficult to obtain.</p>
<div class="lb-trans"><p>Goldberg 表示，人工智能驱动的需求正在从根本上改变行业的某些部分，特别是内存市场，企业现在正在获得历史上难以获得的长期供应合同。</p>
</div><p>While remaining positive on the long-term AI cycle, Goldberg warned that semiconductor stocks may face periodic pullbacks because markets currently expect near-perfect execution from companies riding the AI wave.</p>
<div class="lb-trans"><p>尽管对长期人工智能周期持乐观态度，Goldberg 警告称，半导体股票可能会面临周期性的回调，因为市场目前对乘坐人工智能浪潮的公司期望近乎完美的执行。</p>
</div><p>He also identified power semiconductor companies such as <strong>ON Semiconductor Corp</strong>. (NASDAQ: ON), <strong>Texas Instruments Inc</strong>. (NASDAQ: TXN), <strong>Analog Devices, Inc</strong>. (NASDAQ: ADI), and <strong>Infineon Technologies AG</strong> (OTC: IFNNY) as the next likely beneficiaries of expanding AI infrastructure demand, especially as data centers migrate toward higher-voltage power architectures.</p>
<div class="lb-trans"><p>他还指出，<strong>ON Semiconductor Corp</strong> (NASDAQ: ON)、<strong>Texas Instruments Inc</strong> (NASDAQ: TXN)、<strong>Analog Devices, Inc</strong> (NASDAQ: ADI) 和 <strong>Infineon Technologies AG</strong> (OTC: IFNNY) 等电源半导体公司是扩展人工智能基础设施需求的下一个可能受益者，尤其是数据中心向更高电压电源架构迁移时。</p>
</div><p>Goldberg added that supply disruptions, including a potential labor strike at <strong>Samsung Electronics Co. Ltd</strong>. (OTC: SSNLF), could further tighten the memory market. However, existing long-term contracts may soften the impact of short-term shortages.</p>
<div class="lb-trans"><p>Goldberg 补充说，包括 <strong>Samsung Electronics Co. Ltd</strong> (OTC: SSNLF) 的潜在劳工罢工在内的供应中断，可能进一步收紧内存市场。然而，现有的长期合同可能会减轻短期短缺的影响。</p>
</div><h2>Melius Research Says AI Boom Still Has Room To Run</h2>
<div class="lb-trans"><h2>Melius Research 表示人工智能热潮仍有增长空间</h2>
</div><p><strong>Melius Research</strong> head of technology research Ben Reitzes told CNBC on Monday that the semiconductor rally still has further upside because hyperscalers continue funneling operating cash flow into AI infrastructure investments.</p>
<div class="lb-trans"><p><strong>Melius Research</strong> 技术研究负责人 Ben Reitzes 在周一对 CNBC 表示，半导体的反弹仍有进一步上升空间，因为超大规模企业继续将运营现金流投入人工智能基础设施投资。</p>
</div><p>Reitzes said innovations tied to <strong>OpenAI</strong>, <strong>Alphabet Inc.</strong> (NASDAQ: GOOGL) <strong>Google</strong>, and other AI leaders are accelerating revenue growth and driving additional capital spending across the semiconductor ecosystem.</p>
<div class="lb-trans"><p>Reitzes 表示，与 <strong>OpenAI</strong>、<strong>Alphabet Inc.</strong> (NASDAQ: GOOGL) <strong>Google</strong> 及其他人工智能领导者相关的创新正在加速收入增长，并推动半导体生态系统内的额外资本支出。</p>
</div><p>He argued that AI infrastructure demand remains strong because highly profitable technology companies are funding most investments internally rather than relying heavily on external financing.</p>
<div class="lb-trans"><p>他认为，人工智能基础设施需求依然强劲，因为高利润的科技公司大多数投资是内部融资，而不是过度依赖外部融资。</p>
</div><p>Reitzes also highlighted geopolitical risks tied to Taiwan and semiconductor supply chains, saying the U.S. still needs to accelerate domestic chip manufacturing investments.</p>
<div class="lb-trans"><p>Reitzes 还强调了与台湾及半导体供应链相关的地缘政治风险，表示美国仍需加速国内芯片制造投资。</p>
</div><p>He described the environment as bullish for <strong>Intel Corp</strong>. (NASDAQ: INTC) and other foundries outside <strong>Taiwan Semiconductor Manufacturing Co. Ltd</strong>. (NYSE: TSM).</p>
<div class="lb-trans"><p>他将当前环境描述为对 <strong>Intel Corp</strong> (NASDAQ: INTC) 及其他非 <strong>台湾半导体制造公司</strong> (NYSE: TSM) 的看涨。</p>
</div><p>Among chip stocks, Reitzes identified memory companies <strong>Micron Technology Inc</strong>. (NASDAQ: MU) and <strong>SanDisk Corp</strong>. (NASDAQ: SNDK) as attractive long-term opportunities because memory has become a critical bottleneck in AI infrastructure.</p>
<div class="lb-trans"><p>在芯片股票中，Reitzes 将内存公司 <strong>Micron Technology Inc</strong> (NASDAQ: MU) 和 <strong>SanDisk Corp</strong> (NASDAQ: SNDK) 视为有吸引力的长期机会，因为内存已成为人工智能基础设施中的关键瓶颈。</p>
</div><p>He said long-term supply agreements could make memory earnings more predictable and potentially support higher valuation multiples over time.</p>
<div class="lb-trans"><p>他说，长期供应协议可能使内存收益更加可预测，并可能支持更高的估值倍数。</p>
</div><p><strong>Price Action:</strong> NVIDIA shares were up 1.71% at $224.38, Broadcom shares were up 1.09% at $415.56, SanDisk shares were up 2.15% at $1413.00, Intel shares were up 4.15% at $115.40 and Micron Technology shares were up 4.04% at $727.00 during premarket trading on Wednesday, according to Benzinga Pro data.</p>
<div class="lb-trans"><p><strong>价格动态：</strong> 在周三的盘前交易中，NVIDIA 的股价上涨了 1.71%，至 224.38 美元，Broadcom 的股价上涨了 1.09%，至 415.56 美元，SanDisk 的股价上涨了 2.15%，至 1413.00 美元，Intel 的股价上涨了 4.15%，至 115.40 美元，Micron Technology 的股价上涨了 4.04%，至 727.00 美元， 根据 Benzinga Pro 数据。</p>
</div><p><em>Image via Shutterstock</em></p>
<div class="lb-trans"><p><em>图片来源于 Shutterstock</em></p>
</div>

NVIDIA Started The AI Rally — Now Memory And Power Chip Stocks Are Stealing The Spotlight

- 半导体分析师表示，人工智能支出热潮正在重塑芯片行业。
- PHLX 半导体指数年初至今上涨 60%，过去 12 个月上涨 131%。
- 分析师警示，尽管看好长期 AI 需求，短期内可能面临市场回调。

benzinga_article

动态半导体 ETF - Invesco

2 倍做多 AVGO ETF - Defiance

费城交易所 半导体 ETF - iShares

2 倍做多 NVDA ETF - T-Rex

英伟达期权收益策略 ETF - YieldMax

纳斯达克半导体 ETF - First Trust

标普半导体 ETF - SPDR

Roundhill Memory ETF

2 倍做多 AVGO ETF - Direxion

2 倍做多英伟达 ETF - GraniteShares

半导体 ETF - VanEck Vectors

半导体 3 倍做多 - Direxion

Leverage Shares 2X Long AVGO Daily ETF

Roundhill AVGO WeeklyPay ETF

Invesco PHLX Semiconductor ETF

GraniteShares 2x Long AVGO Daily ETF

2 倍做多英伟达 ETF - Direxion

博通

安森美半导体

德州仪器

亚德诺

英飞凌(ADR)

英飞凌

三星电子

谷歌-A

谷歌-C

英特尔

台积电

NVIDIA Corporation

Samsung Electronics Co., Ltd. Sponsored GDR

Sandisk - WI

英伟达开启了人工智能的热潮——如今内存和电源芯片股票正在成为关注的焦点