<p>在過去的一年中，一些頂級人工智能數據中心股票的表現幾乎和 GPU 製造商一樣火爆。對人工智能計算的需求激增帶來了對人工智能芯片的更大需求，進而意味着需要建造更多支持人工智能的數據中心。</p>
<p>事實上，許多投資者已經意識到，數據中心股票是參與人工智能熱潮的一種更 “下游” 的方式。</p>
<p>這就是為什麼像 <strong>超微電腦</strong>（NASDAQ: <strong>SMCI</strong>）這樣的數據中心公司能夠在過去一年半內突然崛起。數據中心領域的增長勢頭非常強勁，要等到 GPU 製造商展現出某種弱點之前，很難準確判斷潮水何時會轉向。</p>
<p>在本文中，我們將看看三家表現出波動性的數據中心股票，但可能遠未到轉彎的時候。</p>
<h2><strong>超微電腦 (SMCI)</strong></h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>來源：T. Schneider / Shutterstock.com</p>
<p>首先，我們有了偉大的超微電腦，自三月和四月遭受動盪的拋售後，開始顯得 “頂部”。在過去兩年中翻了好幾番（股價在這段時間內上漲了超過 1800%），這樣一次兩位數百分比的暴跌對於後來者來説肯定是令人震驚的。</p>
<p>但從更宏觀的角度來看，這種回調可能更像是一個機會，而不是 “跑下懸崖” 的時刻，特別是一些投資者因為對極端波動的恐懼和擔心人工智能需求突然遇到阻礙的潛在熊市情形而出售。</p>
<p>除非你認為人工智能熱潮已經過了中期，也許股價圖表本身是焦慮的主要來源，因為在這個水平上估值看起來並不過分。隨着人工智能需求有望在下半年保持強勁，超微電腦股票可能仍有能力從一個多月的痛苦價格波動中恢復過來。</p>
<p>展望未來，期待超微電腦加倍努力突出自己的優勢。無論是採用液冷技術來降低高温的 GPU 還是超微電腦的 “模塊化” 服務器設計，這家數據中心公司似乎擁有非常寬闊的護城河。</p>
<h2><strong>Vertiv (VRT)</strong></h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>來源：Casimiro PT / Shutterstock.com</p>
<p><strong>Vertiv</strong> (NYSE: <strong>VRT</strong>) 是另一個數字基礎設施投資，就像超微電腦一樣，一直處於火爆狀態。</p>
<p>截至目前，VRT 股票的表現並不像 SMCI 那樣火爆，漲幅僅超過 100%，而 SMCI 股票的漲幅接近 200%。儘管在表現上落後於超微電腦，但 Vertiv 的前瞻市盈率（P/E）為 38.1 倍，遠高於超微電腦的 22.9 倍。</p>
<p>Vertiv 有望從與超微電腦相同的人工智能助推下受益，但由於其業務多樣化，遠遠超出數據中心範圍，Vertiv 可能更能夠在面對中期人工智能芯片需求減弱時自持一席之地，這種情況遲早會發生。</p>
<p>此外，根據 Oppenheimer 的分析師，熱管理是一個突出的競爭優勢。如果您尋求多樣化和人工智能數據中心的增長，或許支付 VRT 股票的溢價是值得的。</p>
<h2><strong>Oracle (ORCL)</strong></h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>來源：Jonathan Weiss / Shutterstock.com</p>
<p><strong>Oracle</strong> (NASDAQ: <strong>ORCL</strong>) 是一家規模龐大的科技巨頭，在數據中心擴張方面一直 “加速”。據報道，該公司正在全球建造 100 個新數據中心，同時擴建 66 個現有數據中心。作為一家市值達到 3830 億美元且財力雄厚的公司，Oracle 有財務實力深度參與這場人工智能熱潮。</p>
<p>更有趣的是，該公司還有能力在 2025 年之前用 100% 的可再生能源為其所有數據中心供電。這是一個非常令人印象深刻的可再生能源承諾，也是一個可以幫助它脱穎而出的優勢。事實上，如果有一家公司能夠實現這一雄心勃勃的目標，那就是 Oracle。</p>
<p>結合 Oracle 的雲和人工智能技術人才，Oracle 可能是長期參與數據中心熱潮的頂級藍籌方式。以 22.2 倍的前瞻市盈率來看，ORCL 股票肯定是看起來最便宜的之一。</p>
<p>_在發佈日期，Joey Frenette 沒有持有（直接或間接）本文提到的證券中的任何頭寸。本文中表達的觀點屬於作者本人，遵守 InvestorPlace.com 發佈指南。</p>
<p>Joey Frenette 是一位經驗豐富的投資作家，專門研究技術和消費類股票。為 Motley Fool Canada、TipRanks 和 Barchart 做出貢獻，Joey 擅長髮現市場快節奏環境中具有長期增長潛力的被錯定定價的股票。</p>

甲骨文

超微電腦

<p>一些頂尖的人工智能數據中心股票由於人工智能計算和芯片需求增加而經歷了顯著增長。超微電腦、Vertiv 和 Oracle 是三家表現良好的數據中心公司。超微電腦有潛力從最近的回調中恢復，而 Vertiv 提供多樣化和強大的熱管理能力。Oracle 正在擴大其數據中心業務，並計劃用 100% 可再生能源為其設施供電。這些公司正在受益於人工智能熱潮，並展現出未來增長的潛力</p>

<p>Over the past year, some of the top AI data center stocks have been about as hot as the GPU makers themselves. Booming demand for AI computing brings forth greater demand for AI chips, which, in turn, means more AI-ready data centers are going to need to be constructed.</p>
<div class="lb-trans"><p>在過去的一年中，一些頂級人工智能數據中心股票的表現幾乎和 GPU 製造商一樣火爆。對人工智能計算的需求激增帶來了對人工智能芯片的更大需求，進而意味着需要建造更多支持人工智能的數據中心。</p>
</div><p>Indeed, many investors have recognized that data center stocks are a more “downstream” way to play the AI boom.</p>
<div class="lb-trans"><p>事實上，許多投資者已經意識到，數據中心股票是參與人工智能熱潮的一種更 “下游” 的方式。</p>
</div><p>That’s why data center companies like <strong>Super Micro Computer</strong>(NASDAQ: <strong>SMCI</strong>) have been able to come from seemingly out of nowhere in just the past year and a half. The growth to be had in the data center plays has been scorching, and it’s really tough to tell when the tides will reverse until the GPU makers themselves exhibit some form of weakness.</p>
<div class="lb-trans"><p>這就是為什麼像 <strong>超微電腦</strong>（NASDAQ: <strong>SMCI</strong>）這樣的數據中心公司能夠在過去一年半內突然崛起。數據中心領域的增長勢頭非常強勁，要等到 GPU 製造商展現出某種弱點之前，很難準確判斷潮水何時會轉向。</p>
</div><p>In this piece, we’ll check out three data center stocks that have been exhibiting volatility but may be far from rolling over.</p>
<div class="lb-trans"><p>在本文中，我們將看看三家表現出波動性的數據中心股票，但可能遠未到轉彎的時候。</p>
</div><h2><strong>Super Micro Computer (SMCI)</strong></h2>
<div class="lb-trans"><h2><strong>超微電腦 (SMCI)</strong></h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: T. Schneider / Shutterstock.com</p>
<div class="lb-trans"><p>來源：T. Schneider / Shutterstock.com</p>
</div><p>First, we have the great Super Micro Computer, which began looking “toppy” after the rocky sell-off it suffered back in March and April. After doubling up many times over in the past two years (shares up over 1,800% in that span), such a double-digit percentage plunge is surely startling for latecomers to SMCI stock.</p>
<div class="lb-trans"><p>首先，我們有了偉大的超微電腦，自三月和四月遭受動盪的拋售後，開始顯得 “頂部”。在過去兩年中翻了好幾番（股價在這段時間內上漲了超過 1800%），這樣一次兩位數百分比的暴跌對於後來者來説肯定是令人震驚的。</p>
</div><p>In the grander scheme of things, though, this pullback may be more of an opportunity than a “run off the cliff” moment, especially as some investors sell over the fear of sheer volatility and the potential bear-case scenario downside if AI demand were suddenly to run into a wall.</p>
<div class="lb-trans"><p>但從更宏觀的角度來看，這種回調可能更像是一個機會，而不是 “跑下懸崖” 的時刻，特別是一些投資者因為對極端波動的恐懼和擔心人工智能需求突然遇到阻礙的潛在熊市情形而出售。</p>
</div><p>Unless you believe the AI boom is well past mid-cycle, perhaps the stock chart itself is the primary source of anxiety because the valuation does not look all too outlandish at these levels. With the potential for AI demand to stay strong in the second half, SMCI stock may still have what it takes to recover from a multi-month period of painful price action.</p>
<div class="lb-trans"><p>除非你認為人工智能熱潮已經過了中期，也許股價圖表本身是焦慮的主要來源，因為在這個水平上估值看起來並不過分。隨着人工智能需求有望在下半年保持強勁，超微電腦股票可能仍有能力從一個多月的痛苦價格波動中恢復過來。</p>
</div><p>Looking ahead, expect Super Micro to double down on what differentiates itself from the pack. Whether it’s the liquid cooling tech to take the heat off blistering-hot GPUs or the Super Micro’s “building block” architecture of designing servers, the data center firm seems to have a moat that’s quite wide.</p>
<div class="lb-trans"><p>展望未來，期待超微電腦加倍努力突出自己的優勢。無論是採用液冷技術來降低高温的 GPU 還是超微電腦的 “模塊化” 服務器設計，這家數據中心公司似乎擁有非常寬闊的護城河。</p>
</div><h2><strong>Vertiv (VRT)</strong></h2>
<div class="lb-trans"><h2><strong>Vertiv (VRT)</strong></h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: Casimiro PT / Shutterstock.com</p>
<div class="lb-trans"><p>來源：Casimiro PT / Shutterstock.com</p>
</div><p><strong>Vertiv</strong> (NYSE: <strong>VRT</strong>) is another digital infrastructure play that’s been on a blistering run, just like Super Micro.</p>
<div class="lb-trans"><p><strong>Vertiv</strong> (NYSE: <strong>VRT</strong>) 是另一個數字基礎設施投資，就像超微電腦一樣，一直處於火爆狀態。</p>
</div><p>Year to date, VRT stock hasn’t been nearly as hot as SMCI, up just over 100% versus SMCI stock’s nearly 200% gain. Despite trailing Super Micro in performance, Vertiv still looks considerably more expensive at 38.1 times forward price-to-earnings (P/E) versus 22.9 times for Super Micro.</p>
<div class="lb-trans"><p>截至目前，VRT 股票的表現並不像 SMCI 那樣火爆，漲幅僅超過 100%，而 SMCI 股票的漲幅接近 200%。儘管在表現上落後於超微電腦，但 Vertiv 的前瞻市盈率（P/E）為 38.1 倍，遠高於超微電腦的 22.9 倍。</p>
</div><p>Vertiv stands to benefit from the same AI tailwinds as Super Micro Computer, but with a more diversified business that spans well beyond the data center, Vertiv may be better able to hold its own in the face of a mid-cycle AI chip demand cool-off, which will happen at some point.</p>
<div class="lb-trans"><p>Vertiv 有望從與超微電腦相同的人工智能助推下受益，但由於其業務多樣化，遠遠超出數據中心範圍，Vertiv 可能更能夠在面對中期人工智能芯片需求減弱時自持一席之地，這種情況遲早會發生。</p>
</div><p>Additionally, thermal management stands out as a competitive differentiator, according to analysts over at Oppenheimer. If you seek diversification and AI data center upside, perhaps the premium on VRT stock is worth paying.</p>
<div class="lb-trans"><p>此外，根據 Oppenheimer 的分析師，熱管理是一個突出的競爭優勢。如果您尋求多樣化和人工智能數據中心的增長，或許支付 VRT 股票的溢價是值得的。</p>
</div><h2><strong>Oracle (ORCL)</strong></h2>
<div class="lb-trans"><h2><strong>Oracle (ORCL)</strong></h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: Jonathan Weiss / Shutterstock.com</p>
<div class="lb-trans"><p>來源：Jonathan Weiss / Shutterstock.com</p>
</div><p><strong>Oracle</strong> (NASDAQ: <strong>ORCL</strong>) is a sizeable tech juggernaut that has been “flooring it” when it comes to data center expansion. The company is reportedly constructing 100 new data centers worldwide while expanding upon 66 existing ones. As a large $383 billion company with deep pockets, Oracle has the financial firepower to make a really deep dive into this AI boom.</p>
<div class="lb-trans"><p><strong>Oracle</strong> (NASDAQ: <strong>ORCL</strong>) 是一家規模龐大的科技巨頭，在數據中心擴張方面一直 “加速”。據報道，該公司正在全球建造 100 個新數據中心，同時擴建 66 個現有數據中心。作為一家市值達到 3830 億美元且財力雄厚的公司，Oracle 有財務實力深度參與這場人工智能熱潮。</p>
</div><p>More intriguingly, the company also has what it takes to power all of its data centers with 100% renewable sources of energy by 2025. That’s a seriously impressive renewable energy promise and one that could help separate it from the pack. Indeed, if there’s a firm that could hit the ambitious target, it’s Oracle.</p>
<div class="lb-trans"><p>更有趣的是，該公司還有能力在 2025 年之前用 100% 的可再生能源為其所有數據中心供電。這是一個非常令人印象深刻的可再生能源承諾，也是一個可以幫助它脱穎而出的優勢。事實上，如果有一家公司能夠實現這一雄心勃勃的目標，那就是 Oracle。</p>
</div><p>Combined with Oracle’s cloud and AI tech talent and Oracle may be the top blue-chip way to play the data center boom for the long term. At 22.2 times forward P/E, ORCL stock certainly looks like one of the cheapest of the pack.</p>
<div class="lb-trans"><p>結合 Oracle 的雲和人工智能技術人才，Oracle 可能是長期參與數據中心熱潮的頂級藍籌方式。以 22.2 倍的前瞻市盈率來看，ORCL 股票肯定是看起來最便宜的之一。</p>
</div><p><em>On the date of publication, Joey Frenette did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com</em> <em>Publishing Guidelines</em> <em>.</em></p>
<div class="lb-trans"><p>_在發佈日期，Joey Frenette 沒有持有（直接或間接）本文提到的證券中的任何頭寸。本文中表達的觀點屬於作者本人，遵守 InvestorPlace.com 發佈指南。</p>
</div><p>Joey Frenette is a seasoned investment writer specializing in technology and consumer stocks. Contributing to the Motley Fool Canada, TipRanks, and Barchart, Joey excels in spotting mispriced stocks with long-term growth potential in a fast-paced market.</p>
<div class="lb-trans"><p>Joey Frenette 是一位經驗豐富的投資作家，專門研究技術和消費類股票。為 Motley Fool Canada、TipRanks 和 Barchart 做出貢獻，Joey 擅長髮現市場快節奏環境中具有長期增長潛力的被錯定定價的股票。</p>
</div>

3 AI Data Center Stocks With Room to Roar

- AI 數據中心股票在過去一年中表現火熱，受到 GPU 製造商的熱捧。- 隨着對 AI 計算的需求增加，對 AI 芯片的需求也在增加，這意味着需要建設更多支持 AI 的數據中心。- 投資者認識到數據中心股票是參與 AI 熱潮的一種更 “下游” 的方式。

3 只有望大幅上漲的 AI 數據中心股票