<p><strong>英伟达</strong>（NVDA 0.85%）在人工智能（AI）芯片领域的崛起可谓非凡。该公司从专注于游戏芯片转变，调整其 图形处理单元（GPU） 以应对 AI 的挑战。英伟达的处理器迅速成为行业标准，目前在数据中心 GPU 市场的份额控制在 85% 到 92% 之间。</p>
<p>如此巨大的市场份额必然会引起关注，竞争对手们争相想要分一杯羹。关于日益激烈的竞争已经有很多讨论，但替代的 AI 处理选项并未对英伟达的主导地位造成影响。</p>
<p>这一局面可能即将改变，因为有报道称英伟达的两大竞争对手正在采取措施侵占这家芯片制造商的市场。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2Nkbi5jb250ZW50LmZvb2xjZG4uY29tL2ltYWdlcy8xdW1uOXFlaC9wcm9kdWN0aW9uL2UyZTYyOGFhNTIzMTliYzE0MGY1NzYxYjYxM2Y2Mjg2NGVjZTBjNDgtMTIwMHg4MDAucG5nP3c9MTIwMCZoPTgwMCZxPTc1JmF1dG89Zm9ybWF0BiZ3PTM4NDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2Nkbi5jb250ZW50LmZvb2xjZG4uY29tL2ltYWdlcy8xdW1uOXFlaC9wcm9kdWN0aW9uL2UyZTYyOGFhNTIzMTliYzE0MGY1NzYxYjYxM2Y2Mjg2NGVjZTBjNDgtMTIwMHg4MDAucG5nP3c9MTIwMCZoPTgwMCZxPTc1JmF1dG89Zm9ybWF0BiZ3PTM4NDA"/></p>
<p>图片来源：The Motley Fool。</p>
<h2>Alphabet 的重大赌注</h2>
<p><strong>Alphabet</strong>（GOOGL 5.67%）（GOOG 5.68%）早在十多年前就开始在 AI 芯片领域布局，开发了用于内部使用的定制张量处理单元（TPU）。今年早些时候，谷歌母公司推出了第八代这些芯片，分别发布了 TPU 8t 和 TPU 8i，用于 AI 训练和推理。</p>
<p>该公司的最新举措清晰地展示了其争夺英伟达市场份额的战略。谷歌赞助了一个由 <strong>TeraWulf</strong>（WULF 2.62%）主导的大型项目，将其 Lake Mariner数据中心 从加密货币挖矿转向 AI 和高性能计算（HPC）。谷歌已提供 32 亿美元的融资，并在该公司中持有 14% 的股份。</p>
<p>展开</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0dPT0dMLnBuZwYmdz0xMjg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Alphabet 股票报价" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0dPT0dMLnBuZwYmdz0xMjg"/></p>
<h2>NASDAQ: GOOGL</h2>
<p>Alphabet</p>
<p>今日变动</p>
<p>（-5.67%）$-20.87</p>
<p>当前价格</p>
<p>$347.16</p>
<h3>关键数据点</h3>
<p>市值</p>
<p>$4.5 万亿</p>
<p>日内区间</p>
<p>$341.73 - $358.77</p>
<p>52 周区间</p>
<p>$162.00 - $408.61</p>
<p>成交量</p>
<p>130 万</p>
<p>平均成交量</p>
<p>3000 万</p>
<p>毛利率</p>
<p>60.43%</p>
<p>股息收益率</p>
<p>0.23%</p>
<p>据《华尔街日报》报道，该数据中心将配备数千个谷歌 TPU 用于 AI 处理，AI 初创公司 Anthropic 已签约租用大部分计算能力。</p>
<p>通过赞助该项目，谷歌计划展示这些芯片与英伟达 GPU 直接竞争的能力。谷歌此前表示将直接向 “特定” 客户销售其 TPU，因此这是该公司与英伟达竞争的又一个例证。</p>
<h2>亚马逊的最新举措</h2>
<p><strong>亚马逊</strong>（AMZN 4.45%）在其云业务 Amazon Web Services（AWS）中也有着开发 AI 能力芯片的悠久历史。该公司的最新一代 Trainium3 和 Inferentia2 芯片分别设计用于 AI 训练和推理。</p>
<p>在公司 2025 年的股东信中，首席执行官 Andy Jassey 透露了进入市场的计划，称：“我们的芯片需求如此之大，以至于未来我们很可能会将其出售给第三方。” 看起来这些计划正在逐步实现。</p>
<p>展开</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0FNWk4ucG5nBiZ3PTEyOA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="亚马逊股票报价" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0FNWk4ucG5nBiZ3PTEyOA"/></p>
<h2>NASDAQ: AMZN</h2>
<p>亚马逊</p>
<p>今日变动</p>
<p>（-4.45%）$-10.88</p>
<p>当前价格</p>
<p>$233.51</p>
<h3>关键数据点</h3>
<p>市值</p>
<p>$2.6 万亿</p>
<p>日内区间</p>
<p>$232.25 - $241.94</p>
<p>52 周区间</p>
<p>$196.00 - $278.56</p>
<p>成交量</p>
<p>150 万</p>
<p>平均成交量</p>
<p>4510 万</p>
<p>毛利率</p>
<p>50.60%</p>
<p>据彭博社报道，亚马逊已宣布计划直接向客户销售其定制的 AI 芯片。该公司的 AI 负责人 Peter DeSantis 确认讨论已开始，但拒绝透露相关客户的身份。</p>
<p>截至目前，亚马逊仅将其 AI 芯片的使用限制在 AWS 云客户中，因此这标志着该公司与英伟达竞争的下一个合乎逻辑的步骤。</p>
<h2>英伟达投资者应该担心吗？</h2>
<p>即使竞争加剧，英伟达的收入仍在加速增长，这得益于 AI 市场的持续扩张——这意味着市场足够大，可以容纳多个赢家。</p>
<p>在公司 2027 财年第一季度（截至 4 月 26 日），英伟达的收入为 816 亿美元，同比增长 85%，而其稀释后每股收益（EPS）为 2.39 美元，飙升 214%。此外，管理层预计第二季度收入增长将达到 95%，这表明其增长仍在加速。</p>
<p>展开</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nBiZ3PTEyOA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="英伟达股票报价" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nBiZ3PTEyOA"/></p>
<h2>NASDAQ: NVDA</h2>
<p>英伟达</p>
<p>今日变动</p>
<p>（-0.85%）$-1.80</p>
<p>当前价格</p>
<p>$208.89</p>
<h3>关键数据点</h3>
<p>市值</p>
<p>$5.1 万亿</p>
<p>日内区间</p>
<p>$208.46 - $213.99</p>
<p>52 周区间</p>
<p>$142.03 - $236.54</p>
<p>成交量</p>
<p>300 万</p>
<p>平均成交量</p>
<p>1.642 亿</p>
<p>毛利率</p>
<p>74.15%</p>
<p>股息收益率</p>
<p>0.13%</p>
<p>投资者已经习惯了英伟达的超常表现，以至于很容易忘记它在这个领域的主导地位。</p>
<p>需要明确的是，竞争正在到来，英伟达不可能无限期保持其高双位数的年增长率。尽管如此，AI 的采用仍处于早期阶段，而英伟达是 AI 芯片的领先供应商——我不认为这种情况会在短期内改变。</p>
<p>以 23 倍的预期销售额计算，英伟达的估值低于其曾经的竞争对手，谷歌和亚马逊的股票分别以 24 倍和 27 倍的预期销售额出售。</p>
<p>这就是为什么 英伟达股票值得购买。</p>

2026 年软件股最大的争议仍在发酵：AI agent 会不会取代按席位收费的 SaaS 模式？资金持续从软件轮向芯片，微软仍距高点约 27%，Salesforce、Workday 年内深跌。但 Wedbush 的 Dan Ives 直呼"末日想象"过头、企业不会一夜换掉几十年的软件。软件正被 AI 吃掉，还是跌出了黄金坑？你站软件，还是站芯片？

<p>2026 年软件股最大的争议仍在发酵：AI agent 会不会取代按席位收费的 SaaS 模式？资金持续从软件轮向芯片，微软仍距高点约 27%，Salesforce、Workday 年内深跌。但 Wedbush 的 Dan Ives 直呼"末日想象"过头、企业不会一夜换掉几十年的软件。软件正被 AI 吃掉，还是跌出了黄金坑？你站软件，还是站芯片？</p>

SaaS 被 AI 吃掉？软件 vs 芯片站队

谷歌-A

英伟达

亚马逊

<p>谷歌和亚马逊正在加大对英伟达在人工智能芯片市场的竞争。谷歌正在资助一个数据中心项目，以展示其 TPU，而亚马逊计划直接向第三方销售其定制的 Trainium3 和 Inferentia2 芯片。尽管存在这种竞争，英伟达仍然占据主导地位，市场份额达到 85-92%，并且财务增长强劲，分析师们对其股票维持 “买入” 评级</p>

<p><strong>Nvidia</strong>'s ( NVDA 0.85%) rise to superstardom in the artificial intelligence (AI) chip space has been nothing short of spectacular. The company pivoted from its focus on gaming chips and adapted its graphics processing units (GPUs) to handle the rigors of AI. Nvidia's processors quickly became the gold standard, currently controlling between 85% and 92% of the data center GPU market.</p>
<div class="lb-trans"><p><strong>英伟达</strong>（NVDA 0.85%）在人工智能（AI）芯片领域的崛起可谓非凡。该公司从专注于游戏芯片转变，调整其 图形处理单元（GPU） 以应对 AI 的挑战。英伟达的处理器迅速成为行业标准，目前在数据中心 GPU 市场的份额控制在 85% 到 92% 之间。</p>
</div><p>A market share of that magnitude would inevitably attract attention, with rivals scrambling to get their piece of the resulting windfall. There has been much ink spilled about the growing competition, but alternative AI processing options haven't made a dent in Nvidia's dominance.</p>
<div class="lb-trans"><p>如此巨大的市场份额必然会引起关注，竞争对手们争相想要分一杯羹。关于日益激烈的竞争已经有很多讨论，但替代的 AI 处理选项并未对英伟达的主导地位造成影响。</p>
</div><p>That could be about to change, as reports detail the steps two of Nvidia's biggest rivals have taken to encroach on the chipmaker's turf.</p>
<div class="lb-trans"><p>这一局面可能即将改变，因为有报道称英伟达的两大竞争对手正在采取措施侵占这家芯片制造商的市场。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2Nkbi5jb250ZW50LmZvb2xjZG4uY29tL2ltYWdlcy8xdW1uOXFlaC9wcm9kdWN0aW9uL2UyZTYyOGFhNTIzMTliYzE0MGY1NzYxYjYxM2Y2Mjg2NGVjZTBjNDgtMTIwMHg4MDAucG5nP3c9MTIwMCZoPTgwMCZxPTc1JmF1dG89Zm9ybWF0Jnc9Mzg0MA" alt="The Amazon logo superimposed over a delivery person dropping a package and the Alphabet logo superimposed over a picture of Google HQ" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fcdn.content.foolcdn.com%2Fimages%2F1umn9qeh%2Fproduction%2Fe2e628aa52319bc140f5761b613f62864ece0c48-1200x800.png%3Fw%3D1200%26h%3D800%26q%3D75%26auto%3Dformat&amp;w=3840&amp;op=resize"/></p>
<p>Image source: The Motley Fool.</p>
<div class="lb-trans"><p>图片来源：The Motley Fool。</p>
</div><h2>Alphabet's big bet</h2>
<div class="lb-trans"><h2>Alphabet 的重大赌注</h2>
</div><p><strong>Alphabet</strong>( GOOGL 5.67%)( GOOG 5.68%) first staked a claim in the AI chip space more than a decade ago, developing custom Tensor Processing Units (TPUs) for internal use. Earlier this year, the Google-parent unveiled the eighth generation of these chips, releasing the TPU 8t and the TPU 8i, for AI training and inference, respectively.</p>
<div class="lb-trans"><p><strong>Alphabet</strong>（GOOGL 5.67%）（GOOG 5.68%）早在十多年前就开始在 AI 芯片领域布局，开发了用于内部使用的定制张量处理单元（TPU）。今年早些时候，谷歌母公司推出了第八代这些芯片，分别发布了 TPU 8t 和 TPU 8i，用于 AI 训练和推理。</p>
</div><p>The company's latest gambit is a clear illustration of its strategy to capture some of Nvidia's market share. Google sponsored a massive project spearheaded by <strong>TeraWulf</strong>( WULF 2.62%) to pivot its Lake Mariner data center from crypto mining to AI and high-performance computing (HPC). Google has provided $3.2 billion in financing and taken a 14% stake in the company.</p>
<div class="lb-trans"><p>该公司的最新举措清晰地展示了其争夺英伟达市场份额的战略。谷歌赞助了一个由 <strong>TeraWulf</strong>（WULF 2.62%）主导的大型项目，将其 Lake Mariner数据中心 从加密货币挖矿转向 AI 和高性能计算（HPC）。谷歌已提供 32 亿美元的融资，并在该公司中持有 14% 的股份。</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-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0dPT0dMLnBuZyZ3PTEyOA" alt="Alphabet Stock Quote" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FGOOGL.png&amp;w=128&amp;op=resize"/></p>
<h2>NASDAQ: GOOGL</h2>
<div class="lb-trans"><h2>NASDAQ: GOOGL</h2>
</div><p>Alphabet</p>
<div class="lb-trans"><p>Alphabet</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日变动</p>
</div><p>(-5.67%) $-20.87</p>
<div class="lb-trans"><p>（-5.67%）$-20.87</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>当前价格</p>
</div><p>$347.16</p>
<div class="lb-trans"><p>$347.16</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>$4.5T</p>
<div class="lb-trans"><p>$4.5 万亿</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日内区间</p>
</div><p>$341.73 - $358.77</p>
<div class="lb-trans"><p>$341.73 - $358.77</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周区间</p>
</div><p>$162.00 - $408.61</p>
<div class="lb-trans"><p>$162.00 - $408.61</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>1.3M</p>
<div class="lb-trans"><p>130 万</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>30M</p>
<div class="lb-trans"><p>3000 万</p>
</div><p>Gross Margin</p>
<div class="lb-trans"><p>毛利率</p>
</div><p>60.43%</p>
<div class="lb-trans"><p>60.43%</p>
</div><p>Dividend Yield</p>
<div class="lb-trans"><p>股息收益率</p>
</div><p>0.23%</p>
<div class="lb-trans"><p>0.23%</p>
</div><p>The data center will feature thousands of Google TPUs for AI processing, according to The Wall Street Journal, with AI start-up Anthropic signed on to lease much of the resulting compute capacity.</p>
<div class="lb-trans"><p>据《华尔街日报》报道，该数据中心将配备数千个谷歌 TPU 用于 AI 处理，AI 初创公司 Anthropic 已签约租用大部分计算能力。</p>
</div><p>By sponsoring the project, Google plans to showcase the ability of these chips to compete directly against Nvidia's GPUs. Google has previously said it will sell its TPUs directly to &#34;select&#34; customers, so this is another example of the company’s moves to take on Nvidia.</p>
<div class="lb-trans"><p>通过赞助该项目，谷歌计划展示这些芯片与英伟达 GPU 直接竞争的能力。谷歌此前表示将直接向 “特定” 客户销售其 TPU，因此这是该公司与英伟达竞争的又一个例证。</p>
</div><h2>Amazon's latest move</h2>
<div class="lb-trans"><h2>亚马逊的最新举措</h2>
</div><p><strong>Amazon</strong>( AMZN 4.45%) also has a long history of developing AI-capable chips for its cloud segment, Amazon Web Services (AWS). The company's latest generation Trainium3 and Inferentia2 chips were designed for AI training and inference, respectively.</p>
<div class="lb-trans"><p><strong>亚马逊</strong>（AMZN 4.45%）在其云业务 Amazon Web Services（AWS）中也有着开发 AI 能力芯片的悠久历史。该公司的最新一代 Trainium3 和 Inferentia2 芯片分别设计用于 AI 训练和推理。</p>
</div><p>In the company's 2025 shareholder letter, CEO Andy Jassey divulged plans to enter the market, saying, &#34;There's so much demand for our chips that it's quite possible we'll sell racks of them to third parties in the future.&#34; Looks like those plans are coming to fruition.</p>
<div class="lb-trans"><p>在公司 2025 年的股东信中，首席执行官 Andy Jassey 透露了进入市场的计划，称：“我们的芯片需求如此之大，以至于未来我们很可能会将其出售给第三方。” 看起来这些计划正在逐步实现。</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-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0FNWk4ucG5nJnc9MTI4" alt="Amazon Stock Quote" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FAMZN.png&amp;w=128&amp;op=resize"/></p>
<h2>NASDAQ: AMZN</h2>
<div class="lb-trans"><h2>NASDAQ: AMZN</h2>
</div><p>Amazon</p>
<div class="lb-trans"><p>亚马逊</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日变动</p>
</div><p>(-4.45%) $-10.88</p>
<div class="lb-trans"><p>（-4.45%）$-10.88</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>当前价格</p>
</div><p>$233.51</p>
<div class="lb-trans"><p>$233.51</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>$2.6T</p>
<div class="lb-trans"><p>$2.6 万亿</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日内区间</p>
</div><p>$232.25 - $241.94</p>
<div class="lb-trans"><p>$232.25 - $241.94</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周区间</p>
</div><p>$196.00 - $278.56</p>
<div class="lb-trans"><p>$196.00 - $278.56</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>1.5M</p>
<div class="lb-trans"><p>150 万</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>45.1M</p>
<div class="lb-trans"><p>4510 万</p>
</div><p>Gross Margin</p>
<div class="lb-trans"><p>毛利率</p>
</div><p>50.60%</p>
<div class="lb-trans"><p>50.60%</p>
</div><p>Amazon has announced plans to sell its custom AI chips directly to customers, according to a Bloomberg report. The company's AI chief, Peter DeSantis, confirmed that discussions had begun, but declined to identify the customers in question.</p>
<div class="lb-trans"><p>据彭博社报道，亚马逊已宣布计划直接向客户销售其定制的 AI 芯片。该公司的 AI 负责人 Peter DeSantis 确认讨论已开始，但拒绝透露相关客户的身份。</p>
</div><p>Until now, Amazon has limited use of its AI chips to AWS cloud customers, so this marks the next logical step in the company’s plans to compete with Nvidia.</p>
<div class="lb-trans"><p>截至目前，亚马逊仅将其 AI 芯片的使用限制在 AWS 云客户中，因此这标志着该公司与英伟达竞争的下一个合乎逻辑的步骤。</p>
</div><h2>Should Nvidia investors be worried?</h2>
<div class="lb-trans"><h2>英伟达投资者应该担心吗？</h2>
</div><p>Even as competition intensifies, Nvidia's revenue continues to accelerate, driven by the ongoing expansion of the AI market -- meaning the market is large enough for more than one winner.</p>
<div class="lb-trans"><p>即使竞争加剧，英伟达的收入仍在加速增长，这得益于 AI 市场的持续扩张——这意味着市场足够大，可以容纳多个赢家。</p>
</div><p>In the company's fiscal 2027 first quarter (ended April 26), Nvidia's revenue of $81.6 billion grew 85% year over year, while its diluted earnings per share (EPS) of $2.39 soared 214%. Furthermore, management is guiding for revenue growth of 95% in Q2, which shows that its growth is still accelerating.</p>
<div class="lb-trans"><p>在公司 2027 财年第一季度（截至 4 月 26 日），英伟达的收入为 816 亿美元，同比增长 85%，而其稀释后每股收益（EPS）为 2.39 美元，飙升 214%。此外，管理层预计第二季度收入增长将达到 95%，这表明其增长仍在加速。</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>英伟达</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日变动</p>
</div><p>(-0.85%) $-1.80</p>
<div class="lb-trans"><p>（-0.85%）$-1.80</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>当前价格</p>
</div><p>$208.89</p>
<div class="lb-trans"><p>$208.89</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>$5.1T</p>
<div class="lb-trans"><p>$5.1 万亿</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日内区间</p>
</div><p>$208.46 - $213.99</p>
<div class="lb-trans"><p>$208.46 - $213.99</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周区间</p>
</div><p>$142.03 - $236.54</p>
<div class="lb-trans"><p>$142.03 - $236.54</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>3M</p>
<div class="lb-trans"><p>300 万</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>164.2M</p>
<div class="lb-trans"><p>1.642 亿</p>
</div><p>Gross Margin</p>
<div class="lb-trans"><p>毛利率</p>
</div><p>74.15%</p>
<div class="lb-trans"><p>74.15%</p>
</div><p>Dividend Yield</p>
<div class="lb-trans"><p>股息收益率</p>
</div><p>0.13%</p>
<div class="lb-trans"><p>0.13%</p>
</div><p>Investors have become so accustomed to Nvidia's outperformance that it's easy to forget just how dominant it is in the space.</p>
<div class="lb-trans"><p>投资者已经习惯了英伟达的超常表现，以至于很容易忘记它在这个领域的主导地位。</p>
</div><p>To be clear, the competition is coming, and Nvidia won't be able to keep up its high double-digit year-over-year growth indefinitely. That said, the adoption of AI is still in the early stages, and Nvidia is the leading provider of AI-centric chips -- and I don't expect that to change anytime soon.</p>
<div class="lb-trans"><p>需要明确的是，竞争正在到来，英伟达不可能无限期保持其高双位数的年增长率。尽管如此，AI 的采用仍处于早期阶段，而英伟达是 AI 芯片的领先供应商——我不认为这种情况会在短期内改变。</p>
</div><p>And at 23 times forward sales, Nvidia is cheaper than either of its erstwhile rivals, with Alphabet and Amazon stocks selling for 24 and 27 times forward sales, respectively.</p>
<div class="lb-trans"><p>以 23 倍的预期销售额计算，英伟达的估值低于其曾经的竞争对手，谷歌和亚马逊的股票分别以 24 倍和 27 倍的预期销售额出售。</p>
</div><p>That's why Nvidia stock is a buy.</p>
<div class="lb-trans"><p>这就是为什么 英伟达股票值得购买。</p>
</div>

Google and Amazon Just Launched a Full-Frontal Assault Against Nvidia

- Nvidia 在 AI 芯片市场的份额占比达 85% 至 92%。
- Google 和 Amazon 均在推动 AI 芯片开发，增强与 Nvidia 的竞争。
- 尽管竞争加剧，Nvidia 收入仍稳步增长，市场前景广阔。

谷歌和亚马逊刚刚对 NVIDIA 发起了全面攻势