<p>無論你對人工智能（AI）持樂觀態度與否，它都對知名科技公司的營銷和品牌策略產生了不可否認的影響。</p>
<p>AI 正將科技推向機器學習（ML）時代。然而，並非每家科技公司都真正是 AI 革命的貢獻者。這些公司導致了人工智能股票的過度估值，可能對投資組合的長期成功和穩定性構成危險。</p>
<p>那麼，哪些股票由於將 AI 整合到其品牌形象中而受到了過度關注和估值？通過隨時間推移基於 AI 實施前後的估值，我們可以得到一個畫面。此外，我們將查看諸如市盈率（P/E）和市淨率（P/B）等重要指標。</p>
<p>讓我們來看看三家被高估的人工智能股票，在嚴重調整之前賣出或避免。</p>
<h2>Adobe（ADBE）</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：Koshiro K / Shutterstock.com</p>
<p>隨着 OpenAI 的新 DALL-E 和 SORA 模型，Adobe（納斯達克：ADBE）面臨着來自人工智能的幾項未來挑戰。此外，該公司面臨着由於自身人工智能實驗而被高估的風險。</p>
<p>首先，人工智能軟件開發的快速步伐可能會使許多 Adobe 視頻和照片編輯產品過時。此外，它可能嚴重侵蝕公司的客户羣。事實上，許多潛在的庫存素材客户可能會被人工智能生成的照片和視頻吸引。</p>
<p>事實上，該公司已經試圖利用人工智能產品來獲得優勢，比如為其 Adobe Firefly 軟件提供的生成填充功能。這類產品在過去一個月裏使公司的價值大漲。然而，時間將證明它們是否真的是 ADBE 聲稱的價值驅動因素。目前，隨着股價接近 600 美元，其市盈率為 51.67 倍，似乎有些高估。</p>
<h2>Arista Networks（ANET）</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：Sundry Photography / Shutterstock.com</p>
<p>在過去六個月裏上漲了驚人的 51%，投資者可能考慮獲利了結 Arista Networks（紐約證券交易所：ANET）。在二月底，我推薦 ANET 股票作為強烈買入。這是基於 AI 相關服務將使其跨入新階段的預測。如果當時購買了，今天您將獲利 36%。考慮到我推薦的股票都是長期投資，這是非常慷慨的。</p>
<p>看看五個月後的 ANET 股票，人工智能炒作可能使其漲得太快太遠。其 51.61 倍的市盈率意味着它開始變得昂貴。取決於更廣泛的經濟狀況和數據中心行業的走向，ANET 可能會在未來看到價格下調。</p>
<p>因此，投資者現在應該獲利了結。儘管股價可能繼續增長，但隨着遲遲未到的更廣泛市場調整，它很可能會崩盤。</p>
<h2>C3.ai（AI）</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：shutterstock.com/Below the Sky</p>
<p>儘管過去六個月上漲約 6%，C3.ai（紐約證券交易所：AI）幾乎可以肯定是目前估值最高的人工智能股票之一。</p>
<p>這是因為該公司沒有利潤來證明其當前價格。這是投資者猜測的產物。此外，很難估計企業級人工智能軟件的當前需求量。</p>
<p>此外，該公司的定價相對週期性，過去 12 個月在 40 至 20 美元的範圍內上漲和下跌三次。現在，其共識評級是持有。然而，我建議投資者退出該頭寸，因為 C3.ai 的主要優勢仍然是其人工智能品牌。</p>
<p>如果更廣泛的市場開始感覺過去 12 個月人工智能被過度炒作，那麼我們可能會看到人工智能股票的股價大幅下跌。</p>
<p>_在本文發佈日期，Viktor Zarev 在本文提及的證券中沒有（直接或間接）任何頭寸。本文中表達的觀點屬於作者本人，遵守 InvestorPlace.com 的發佈準則。</p>
<p>_在本文發佈日期，負責編輯在本文提及的證券中沒有（直接或間接）任何頭寸。</p>
<p>Viktor Zarev 是一位科學家、研究員和作家，專門通過對準確性和理解的執着來解釋科技股複雜的世界。</p>
<p>人工智能、科技</p>

ADBE

ANET

<p>Adobe（ADBE）、Arista Networks（ANET）和 C3.ai（AI）是三家被高估的人工智能股票，投資者應考慮出售或避免。Adobe 可能面臨來自人工智能發展的挑戰，這可能會使其產品過時，而 Arista Networks 的股價可能上漲得太快。C3.ai 是最被高估的人工智能股票之一，沒有利潤來證明其價格的合理性。投資者應退出該頭寸，因為人工智能可能被過度炒作，股價可能會下跌</p>

<p>Whether or not you’re bullish on artificial intelligence ( <strong>AI</strong>), it’s had an undeniable impact upon marketing and branding strategies of renowned tech companies.</p>
<div class="lb-trans"><p>無論你對人工智能（AI）持樂觀態度與否，它都對知名科技公司的營銷和品牌策略產生了不可否認的影響。</p>
</div><p>AI is forcing tech into the machine learning ( <strong>ML</strong>) era. Yet, not every tech company is truly a contributor to the AI revolution. These companies result in overvalued AI stocks and can be dangerous to the long-term success and stability of an investment portfolio.</p>
<div class="lb-trans"><p>AI 正將科技推向機器學習（ML）時代。然而，並非每家科技公司都真正是 AI 革命的貢獻者。這些公司導致了人工智能股票的過度估值，可能對投資組合的長期成功和穩定性構成危險。</p>
</div><p>So which stocks have received undue attention and valuation, as a result of integrating AI into their brand image? By looking at before and after valuations based on AI implementation over time, we get a picture. Moreover, we’ll take a look at important metrics like price-to-earnings ( <strong>P/E</strong>) ratios and price-to-book ( <strong>P/B</strong>) ratios.</p>
<div class="lb-trans"><p>那麼，哪些股票由於將 AI 整合到其品牌形象中而受到了過度關注和估值？通過隨時間推移基於 AI 實施前後的估值，我們可以得到一個畫面。此外，我們將查看諸如市盈率（P/E）和市淨率（P/B）等重要指標。</p>
</div><p>Let’s examine three overvalued AI stocks to sell or avoid before a serious correction.</p>
<div class="lb-trans"><p>讓我們來看看三家被高估的人工智能股票，在嚴重調整之前賣出或避免。</p>
</div><h2>Adobe (ADBE)</h2>
<div class="lb-trans"><h2>Adobe（ADBE）</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: Koshiro K / Shutterstock.com</p>
<div class="lb-trans"><p>來源：Koshiro K / Shutterstock.com</p>
</div><p>With <strong>OpenAI’s</strong> new DALL-E and SORA models, <strong>Adobe</strong>(NASDAQ:<strong>ADBE</strong>) faces several future challenges from AI. Also, the company is confronted with the risk of overvaluation due to its own AI experiments.</p>
<div class="lb-trans"><p>隨着 OpenAI 的新 DALL-E 和 SORA 模型，Adobe（納斯達克：ADBE）面臨着來自人工智能的幾項未來挑戰。此外，該公司面臨着由於自身人工智能實驗而被高估的風險。</p>
</div><p>First, the rapid pace of AI software development could make many Adobe video and photo editing products obsolete. Also, it could severely cut into the company’s customer base. In fact, many potential stock footage customers may be drawn away by AI-generated photos and videos.</p>
<div class="lb-trans"><p>首先，人工智能軟件開發的快速步伐可能會使許多 Adobe 視頻和照片編輯產品過時。此外，它可能嚴重侵蝕公司的客户羣。事實上，許多潛在的庫存素材客户可能會被人工智能生成的照片和視頻吸引。</p>
</div><p>Indeed, the company has tried to use AI products to its own advantage, with features like Generative Fill for its Adobe Firefly software. These kinds of products have seen the company’s value surge in the last month. Yet, time will tell if they are truly the value drivers ADBE claims them to be. For now, its P/E ratio of 51.67x seems somewhat overpriced as the stock nears the $600 mark.</p>
<div class="lb-trans"><p>事實上，該公司已經試圖利用人工智能產品來獲得優勢，比如為其 Adobe Firefly 軟件提供的生成填充功能。這類產品在過去一個月裏使公司的價值大漲。然而，時間將證明它們是否真的是 ADBE 聲稱的價值驅動因素。目前，隨着股價接近 600 美元，其市盈率為 51.67 倍，似乎有些高估。</p>
</div><h2>Arista Networks (ANET)</h2>
<div class="lb-trans"><h2>Arista Networks（ANET）</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: Sundry Photography / Shutterstock.com</p>
<div class="lb-trans"><p>來源：Sundry Photography / Shutterstock.com</p>
</div><p>Up a stunning 51% over the last six months, investors might want to consider taking profits on <strong>Arista Networks</strong>(NYSE:<strong>ANET</strong>). At February’s end, I recommended ANET stock as a strong buy. That was based on the prediction that AI-related services would take it to the next level. Had you bought back then, you’d be up a solid 36% today. That is generous, considering that the stocks I recommend are intended to be long-term plays.</p>
<div class="lb-trans"><p>在過去六個月裏上漲了驚人的 51%，投資者可能考慮獲利了結 Arista Networks（紐約證券交易所：ANET）。在二月底，我推薦 ANET 股票作為強烈買入。這是基於 AI 相關服務將使其跨入新階段的預測。如果當時購買了，今天您將獲利 36%。考慮到我推薦的股票都是長期投資，這是非常慷慨的。</p>
</div><p>Looking at ANET stock five months later, AI hype may have carried it too far too fast. Its 51.61x price-to-earnings ratio means it is starting to get expensive. Depending on the broader economy and the data center industry’s direction, ANET could see a reduction in price on the horizon.</p>
<div class="lb-trans"><p>看看五個月後的 ANET 股票，人工智能炒作可能使其漲得太快太遠。其 51.61 倍的市盈率意味着它開始變得昂貴。取決於更廣泛的經濟狀況和數據中心行業的走向，ANET 可能會在未來看到價格下調。</p>
</div><p>Therefore, investors should take their profits now. Although the stock may continue to grow, it is likely to crash along with a broader market correction which is ultimately overdue.</p>
<div class="lb-trans"><p>因此，投資者現在應該獲利了結。儘管股價可能繼續增長，但隨着遲遲未到的更廣泛市場調整，它很可能會崩盤。</p>
</div><h2>C3.ai (AI)</h2>
<div class="lb-trans"><h2>C3.ai（AI）</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: shutterstock.com/Below the Sky</p>
<div class="lb-trans"><p>來源：shutterstock.com/Below the Sky</p>
</div><p>Despite being up around 6% in the last six months, C3.ai (NYSE:<strong>AI</strong>) is almost certainly among the most overvalued AI stocks right now.</p>
<div class="lb-trans"><p>儘管過去六個月上漲約 6%，C3.ai（紐約證券交易所：AI）幾乎可以肯定是目前估值最高的人工智能股票之一。</p>
</div><p>That’s because the company has no profits with which to justify its current price. It is a product of investor speculation. Moreover, it’s hard to gauge the amount of current demand for enterprise-level AI software.</p>
<div class="lb-trans"><p>這是因為該公司沒有利潤來證明其當前價格。這是投資者猜測的產物。此外，很難估計企業級人工智能軟件的當前需求量。</p>
</div><p>Furthermore, the company’s pricing has been relatively cyclical as it rose and fell three times in the last 12 months between the $40 to $20 range. Now, its consensus ratings put it on hold. Yet, I would recommend investors exit the position as C3.ai’s major advantage is still its AI branding.</p>
<div class="lb-trans"><p>此外，該公司的定價相對週期性，過去 12 個月在 40 至 20 美元的範圍內上漲和下跌三次。現在，其共識評級是持有。然而，我建議投資者退出該頭寸，因為 C3.ai 的主要優勢仍然是其人工智能品牌。</p>
</div><p>Should the broader market begin to feel that AI has been overhyped over the last 12 months, then we could see a serious reduction in the share price for AI stock.</p>
<div class="lb-trans"><p>如果更廣泛的市場開始感覺過去 12 個月人工智能被過度炒作，那麼我們可能會看到人工智能股票的股價大幅下跌。</p>
</div><p><em>On the date of publication, Viktor Zarev did not have (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>_在本文發佈日期，Viktor Zarev 在本文提及的證券中沒有（直接或間接）任何頭寸。本文中表達的觀點屬於作者本人，遵守 InvestorPlace.com 的發佈準則。</p>
</div><p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div class="lb-trans"><p>_在本文發佈日期，負責編輯在本文提及的證券中沒有（直接或間接）任何頭寸。</p>
</div><p>Viktor Zarev is a scientist, researcher, and writer specializing in explaining the complex world of technology stocks through dedication to accuracy and understanding.</p>
<div class="lb-trans"><p>Viktor Zarev 是一位科學家、研究員和作家，專門通過對準確性和理解的執着來解釋科技股複雜的世界。</p>
</div><p>Artificial Intelligence, Technology</p>
<div class="lb-trans"><p>人工智能、科技</p>
</div>

3 Overhyped AI Stocks the Smart Money Is Fleeing Fast

- AI 對營銷和品牌策略產生了不可否認的影響，推動科技進入機器學習時代。
- 一些科技公司並非真正為 AI 革命做出貢獻，導致 AI 股票被高估，可能危及投資組合的長期成功和穩定性。
- 通過 AI 整合對品牌形象的影響，我們可以看到哪些股票因此受到過度關注和高估。
- Adobe (ADBE) 面臨來自 AI 的未來挑戰，可能會因自身 AI 實驗而被高估。
- Arista Networks (ANET) 近六個月上漲 51%，投資者或許應考慮獲利了結。
- C3.ai (AI) 在過去六個月漲幅約 6%，幾乎可以肯定是目前最被高估的 AI 股票之一。

3 只被過度炒作的 AI 股票，聰明資金正在迅速撤離