<p>英特尔公司和超威半导体的股票在周五继续下跌，因为半导体股票的急剧抛售加速，投资者继续对博通低于预期的人工智能前景做出反应。</p>
<p>这一广泛的回撤发生在博通的第二财季财报发布之后，该财报虽然超出了表面预期，但未能满足市场对人工智能相关增长的高期望。</p>
<p>这一失望导致芯片制造商连续第二天出现亏损，这些公司在最近几个月帮助推动美国股市创下历史新高。</p>
<p>英特尔的股票在交易中下跌了 8%，触及日内低点 101.55 美元，撰写时交易价格为 102.48 美元。</p>
<p>超威的股票也下跌了约 8%，加大了半导体行业的压力。</p>
<p><strong>博通前景动摇半导体行业</strong></p>
<p>此次抛售的催化剂是博通对第三季度人工智能半导体收入的指引，预计约为 160 亿美元，低于分析师预期的约 172 亿美元。</p>
<p>该公司还拒绝提高其全年人工智能芯片收入的预期。</p>
<p>博通的股票在周五下跌超过 5%，此前一交易日下跌了 13%。</p>
<p>根据道琼斯市场数据，周四的下跌抹去了约 2860 亿美元的市场价值，标志着美国上市公司有史以来第四大单日估值损失。</p>
<p>这种疲软迅速蔓延至整个半导体行业。</p>
<p>美光科技、高通、Arm Holdings 和 Marvell Technology 的股票也下跌，因为投资者质疑人工智能推动的芯片股票反弹是否能够维持其势头。</p>
<p>博通的财报电话会议也加剧了投资者的担忧，首席执行官霍克·谭表示，主要定制芯片客户谷歌可能会多元化其供应链。</p>
<p><strong>英特尔面临估值担忧</strong></p>
<p>尽管整个行业的下滑对英特尔造成了压力，但该股也受到近期分析师下调评级的影响。</p>
<p>Northland Capital Markets 将英特尔的评级从 “跑赢大盘” 下调至 “市场表现”，分析师古斯·理查德认为，该股在过去一年中近 500% 的反弹已经反映了预期的运营复苏。</p>
<p>该分析师还表示，超大规模数据中心的支出可能在 2027 年开始放缓，这为半导体需求带来了额外的不确定性。</p>
<p>博通谨慎的人工智能前景和持续的估值担忧的结合，使得英特尔在周五的风险规避交易中尤其脆弱。</p>
<p><strong>尽管长期势头强劲，AMD 仍受压</strong></p>
<p>随着投资者从高增长的人工智能股票中轮换，超威也受到压力。</p>
<p>研究公司 Zacks 最近将该股评级从 “强力买入” 下调至 “持有”，理由是其市盈率约为 173 倍，且股价已远高于平均分析师目标。</p>
<p>投资者情绪进一步受到近期抛售活动的压制。</p>
<p>ARK Invest 在 6 月 3 日将其在超威的持仓减少了约 3900 万美元，而过去三个月的内部销售总额超过了 1.22 亿美元。</p>
<p>尽管近期回调，超威的股票今年仍上涨约 116%，尽管该股继续低于其最近的 52 周高点。</p>

博通 Q2 财报出炉：AI 芯片营收 108 亿美元、同比 +143%，总营收 222 亿、Non-GAAP EPS 2.44 美元小幅超预期，Q3 指引 294 亿（同比 +84%），FY2027 AI 芯片收入目标更直接喊到 1000 亿美元以上——结果盘后跌了 13%。你怎么看这次的市场反应？

<p>博通 Q2 财报出炉：AI 芯片营收 108 亿美元、同比 +143%，总营收 222 亿、Non-GAAP EPS 2.44 美元小幅超预期，Q3 指引 294 亿（同比 +84%），FY2027 AI 芯片收入目标更直接喊到 1000 亿美元以上——结果盘后跌了 13%。你怎么看这次的市场反应？</p>

108 亿 AI 芯片炸场，博通还能继续冲吗？

美光科技

英特尔

高通

<p>英特尔和 AMD 的股票在周五下跌了约 8%，在博通的 AI 收入前景低于预期后，半导体行业的损失进一步扩大。博通的指引未能达到分析师的预期，导致市场大幅抛售，影响了美光、 Qualcomm 等公司。英特尔因分析师下调评级而面临额外压力，原因是对估值的担忧，而尽管 AMD 长期动能强劲，但也受到获利了结和下调评级的影响</p>

<p>Shares of Intel Corp. and Advanced Micro Devices extended their declines on Friday as a sharp selloff across semiconductor stocks gathered pace, with investors continuing to react to Broadcom's weaker-than-expected artificial intelligence outlook.</p>
<div class="lb-trans"><p>英特尔公司和超威半导体的股票在周五继续下跌，因为半导体股票的急剧抛售加速，投资者继续对博通低于预期的人工智能前景做出反应。</p>
</div><p>The broad-based retreat came after Broadcom's fiscal second-quarter earnings report, which beat headline expectations but failed to meet the market's lofty hopes for AI-related growth.</p>
<div class="lb-trans"><p>这一广泛的回撤发生在博通的第二财季财报发布之后，该财报虽然超出了表面预期，但未能满足市场对人工智能相关增长的高期望。</p>
</div><p>The disappointment sparked a second consecutive day of losses for chipmakers that have helped drive US equities to record highs in recent months.</p>
<div class="lb-trans"><p>这一失望导致芯片制造商连续第二天出现亏损，这些公司在最近几个月帮助推动美国股市创下历史新高。</p>
</div><p>INTC shares fell 8% in trading, touching an intraday low of $101.55, trading at $102.48 at the time of writing.</p>
<div class="lb-trans"><p>英特尔的股票在交易中下跌了 8%，触及日内低点 101.55 美元，撰写时交易价格为 102.48 美元。</p>
</div><p>AMD also declined about 8%, adding to pressure across the semiconductor sector.</p>
<div class="lb-trans"><p>超威的股票也下跌了约 8%，加大了半导体行业的压力。</p>
</div><p><strong>Broadcom outlook rattles semiconductor sector</strong></p>
<div class="lb-trans"><p><strong>博通前景动摇半导体行业</strong></p>
</div><p>The catalyst for the latest selloff was Broadcom's guidance for third-quarter AI semiconductor revenue of roughly $16 billion, below analyst expectations of approximately $17.2 billion.</p>
<div class="lb-trans"><p>此次抛售的催化剂是博通对第三季度人工智能半导体收入的指引，预计约为 160 亿美元，低于分析师预期的约 172 亿美元。</p>
</div><p>The company also declined to raise its full-year AI chip revenue outlook.</p>
<div class="lb-trans"><p>该公司还拒绝提高其全年人工智能芯片收入的预期。</p>
</div><p>Broadcom shares dropped more than 5% on Friday after plunging 13% in the previous session.</p>
<div class="lb-trans"><p>博通的股票在周五下跌超过 5%，此前一交易日下跌了 13%。</p>
</div><p>According to Dow Jones Market Data, Thursday's decline erased approximately $286 billion in market value, marking the fourth-largest one-day valuation loss ever recorded by a US-listed company.</p>
<div class="lb-trans"><p>根据道琼斯市场数据，周四的下跌抹去了约 2860 亿美元的市场价值，标志着美国上市公司有史以来第四大单日估值损失。</p>
</div><p>The weakness quickly spread throughout the semiconductor industry.</p>
<div class="lb-trans"><p>这种疲软迅速蔓延至整个半导体行业。</p>
</div><p>Micron Technology, Qualcomm, Arm Holdings, and Marvell Technology also moved lower as investors questioned whether the AI-fueled rally in chip stocks could sustain its momentum.</p>
<div class="lb-trans"><p>美光科技、高通、Arm Holdings 和 Marvell Technology 的股票也下跌，因为投资者质疑人工智能推动的芯片股票反弹是否能够维持其势头。</p>
</div><p>Broadcom's earnings call also added to investor concerns after Chief Executive Officer Hock Tan said that major custom-chip customer Google was likely to diversify its supply chain.</p>
<div class="lb-trans"><p>博通的财报电话会议也加剧了投资者的担忧，首席执行官霍克·谭表示，主要定制芯片客户谷歌可能会多元化其供应链。</p>
</div><p><strong>Intel faces valuation concerns</strong></p>
<div class="lb-trans"><p><strong>英特尔面临估值担忧</strong></p>
</div><p>While the broader sector downturn weighed on Intel, the stock also faced pressure from a recent analyst downgrade.</p>
<div class="lb-trans"><p>尽管整个行业的下滑对英特尔造成了压力，但该股也受到近期分析师下调评级的影响。</p>
</div><p>Northland Capital Markets lowered its rating on Intel to Market Perform from Outperform, with analyst Gus Richard arguing that the stock's nearly 500% rally over the past year had already reflected much of the expected operational recovery.</p>
<div class="lb-trans"><p>Northland Capital Markets 将英特尔的评级从 “跑赢大盘” 下调至 “市场表现”，分析师古斯·理查德认为，该股在过去一年中近 500% 的反弹已经反映了预期的运营复苏。</p>
</div><p>The analyst also expressed caution that hyperscale data center spending could begin to slow in 2027, creating additional uncertainty for semiconductor demand.</p>
<div class="lb-trans"><p>该分析师还表示，超大规模数据中心的支出可能在 2027 年开始放缓，这为半导体需求带来了额外的不确定性。</p>
</div><p>The combination of Broadcom's cautious AI outlook and ongoing valuation concerns left Intel particularly exposed during Friday's risk-off trading session.</p>
<div class="lb-trans"><p>博通谨慎的人工智能前景和持续的估值担忧的结合，使得英特尔在周五的风险规避交易中尤其脆弱。</p>
</div><p><strong>AMD hit despite strong long-term momentum</strong></p>
<div class="lb-trans"><p><strong>尽管长期势头强劲，AMD 仍受压</strong></p>
</div><p>AMD also came under pressure as investors rotated out of high-growth AI names.</p>
<div class="lb-trans"><p>随着投资者从高增长的人工智能股票中轮换，超威也受到压力。</p>
</div><p>Research firm Zacks recently downgraded the stock from &#34;strong buy&#34; to &#34;hold,&#34; citing a price-to-earnings ratio of roughly 173 times earnings and a share price that had climbed well above the average analyst target.</p>
<div class="lb-trans"><p>研究公司 Zacks 最近将该股评级从 “强力买入” 下调至 “持有”，理由是其市盈率约为 173 倍，且股价已远高于平均分析师目标。</p>
</div><p>Investor sentiment was further weighed down by recent selling activity.</p>
<div class="lb-trans"><p>投资者情绪进一步受到近期抛售活动的压制。</p>
</div><p>ARK Invest reduced its AMD position by approximately $39 million on June 3, while insider sales over the previous three months totaled more than $122 million.</p>
<div class="lb-trans"><p>ARK Invest 在 6 月 3 日将其在超威的持仓减少了约 3900 万美元，而过去三个月的内部销售总额超过了 1.22 亿美元。</p>
</div><p>Despite the recent pullback, AMD shares remain up about 116% for the year, although the stock continues to trade below its recent 52-week high.</p>
<div class="lb-trans"><p>尽管近期回调，超威的股票今年仍上涨约 116%，尽管该股继续低于其最近的 52 周高点。</p>
</div>

Intel, AMD stocks slide again in aftermath of Broadcom's weak outlook

- 英特尔和超微股价周五继续下跌，因半导体股票遭遇抛售。  
- 博通的 AI 前景逊于预期，造成市场失望，进一步影响整个半导体行业。  
- 博通预计第三季度 AI 半导体收入约为 160 亿美元，低于分析师预期的 172 亿美元。

在博通疲弱前景的影响下，英特尔和 AMD 的股票再次下跌