<p><strong>安霸</strong>（AMBA -2.01%）在人工智能（AI）半導體市場中可能不是一個家喻户曉的名字，而 <strong>英偉達</strong> 憑藉其強大的數據中心顯卡在該市場中佔據了主導地位。</p>
<p>但投資者會驚訝地發現，前者在過去六個月中遠遠超過了後者。在此期間，英偉達的股票上漲了 13%，而安霸的漲幅則高達 64%。</p>
<p>儘管英偉達令人印象深刻的股市反彈最近失去了動力，原因有多種因素超出了公司的控制，但在 2 月 26 日發佈季度財報時，這家半導體領軍企業重新找回狀態也並不令人意外。</p>
<p>與此同時，安霸也將在 2 月 26 日市場收盤後公佈其最新財報（2025 財年第四季度）。其業績有很大可能超出華爾街的預期，從而給其股票帶來一劑強心針。讓我們看看為什麼會這樣。</p>
<h2>AI 驅動的需求可能幫助安霸交出穩健的業績</h2>
<p>安霸為&#34;邊緣設備&#34;設計計算機視覺處理器，這些設備包括自動駕駛汽車、安全攝像頭、無人機、物聯網（IoT）設備和可穿戴設備。邊緣設備在本地處理和分析數據，而不是將其發送到服務器，因此能夠實時提供結果。</p>
<p>對 AI 啓用的邊緣設備的需求預計將迅速增長。根據一項估計，邊緣 AI 硬件市場的收入在未來五年內可能會翻倍。安霸為投資者提供了一個利用邊緣 AI 設備普及的機會。Rosenblatt Securities 估計，安霸可能是中國 AI 初創公司 DeepSeek 所取得的突破的受益者之一。</p>
<p>Rosenblatt 分析師 Kevin Cassidy 表示，DeepSeek 開發的低成本 AI 模型可能會促進 AI 應用在邊緣設備中的使用。因此，能夠處理邊緣 AI 任務的處理器的需求也應該增加。好消息是，安霸已經因 AI 而見證了收入和盈利的強勁增長。</p>
<p>該公司在 2025 財年第三季度（截至 2024 年 10 月 31 日）實現了&#34;創紀錄的 AI 收入，這反過來又推動了更高的綜合平均售價&#34;。安霸的收入在該季度同比增長了 63%，並報告了非 GAAP（調整後）利潤，而去年同期則出現了虧損。</p>
<p>安霸預計 2025 財年第四季度的收入中值為 7800 萬美元。這比去年同期增長了 51%。共識預期每股虧損 0.02 美元，而去年同期的虧損則為 0.24 美元。然而，別驚訝於安霸交出更強勁的增長，因為該公司一直在見證&#34;我們在其他物聯網市場的 AI 系統芯片的採用超出預期&#34;。</p>
<p>該公司還開始向汽車領域的客户提供新型邊緣 AI 處理器的樣品。所有這些都表明，安霸可能再次超越華爾街的預期，就像過去四個季度那樣。</p>
<h2>該公司似乎為強勁增長做好了準備</h2>
<p>安霸指出，2025 財年第三季度 70% 的收入來自邊緣 AI 應用。汽車佔收入的三分之二，其餘來自基於 AI 的物聯網應用。</p>
<p>管理層預計其可服務市場將從 2024 財年的約 50 億美元增長到 2027 年的近 90 億美元。該公司計劃在未來幾年推出新的計算機視覺處理器，以維持其近期的強勁增長。該公司預計 2025 財年將增長 23%，這意味着其最新財年的收入為 2.79 億美元。</p>
<p>未來幾年的預測顯示出健康的兩位數增長。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/7aaa2e8087b24e8988a2e2939404fd94.png?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://media.ycharts.com/charts/7aaa2e8087b24e8988a2e2939404fd94.png"/></p>
<p>AMBA 當前財年收入預測數據來自 YCharts</p>
<p>更重要的是，安霸健康的收入增長也將傳導到底線。分析師預計該公司將在下一個財年實現非 GAAP 基礎上的盈利。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/d8b61a5afbe4287ac100c4d770f66d36.png?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://media.ycharts.com/charts/d8b61a5afbe4287ac100c4d770f66d36.png"/></p>
<p>AMBA 當前財年每股收益預測數據來自 YCharts</p>
<p>市場可能會因安霸底線的顯著改善而在股市上給予更多的上漲空間。根據 15 位分析師的覆蓋，安霸的股票在未來 12 個月的目標價為 95 美元，較當前水平上漲 22%，而且可能表現得更好。如果你想在投資組合中增加一隻 AI 股票，可以考慮安霸，因為它可能在 2 月 26 日發佈另一組穩健的季度業績後再次上漲。</p>

英偉達財報，一站看懂！

安霸

<p>安霸（Ambarella，AMBA）在人工智能半導體市場的表現優於英偉達（Nvidia），過去六個月股價上漲了 64%，而英偉達僅上漲了 13%。兩家公司都將在 2 月 26 日公佈季度業績，預計安霸將超出華爾街的預期，原因是對人工智能邊緣設備的強勁需求。該公司在第三季度報告了 63% 的同比收入增長，並預計第四季度收入將增長 51%。分析師預測，安霸的股價在未來一年可能上漲 22%，使其成為希望將人工智能股票納入投資組合的投資者的強勁候選者</p>

<p><strong>Ambarella</strong>(AMBA -2.01%) may not be a household name in the artificial intelligence (AI) semiconductor market, where <strong>Nvidia</strong> has established a dominant position for itself thanks to its powerful data center graphics cards.</p>
<div class="lb-trans"><p><strong>安霸</strong>（AMBA -2.01%）在人工智能（AI）半導體市場中可能不是一個家喻户曉的名字，而 <strong>英偉達</strong> 憑藉其強大的數據中心顯卡在該市場中佔據了主導地位。</p>
</div><p>But investors will be surprised to know that the former has considerably outshone the latter over the past six months. While Nvidia stock has appreciated 13% during this period, Ambarella has clocked much stronger gains of 64%.</p>
<div class="lb-trans"><p>但投資者會驚訝地發現，前者在過去六個月中遠遠超過了後者。在此期間，英偉達的股票上漲了 13%，而安霸的漲幅則高達 64%。</p>
</div><p>Nvidia's impressive stock market rally has lost momentum of late thanks to multiple factors outside of the company's control, though it won't be surprising to see this semiconductor bellwether regaining its mojo when it releases its quarterly results on Feb. 26.</p>
<div class="lb-trans"><p>儘管英偉達令人印象深刻的股市反彈最近失去了動力，原因有多種因素超出了公司的控制，但在 2 月 26 日發佈季度財報時，這家半導體領軍企業重新找回狀態也並不令人意外。</p>
</div><p>Meanwhile, Ambarella is also going to announce its latest results (for its fiscal 2025 fourth quarter) after the market closes on Feb. 26. There is a good chance that its results could exceed Wall Street's expectations and give its stock a nice shot in the arm. Let's see why that may be the case.</p>
<div class="lb-trans"><p>與此同時，安霸也將在 2 月 26 日市場收盤後公佈其最新財報（2025 財年第四季度）。其業績有很大可能超出華爾街的預期，從而給其股票帶來一劑強心針。讓我們看看為什麼會這樣。</p>
</div><h2>AI-powered demand could help Ambarella deliver solid results</h2>
<div class="lb-trans"><h2>AI 驅動的需求可能幫助安霸交出穩健的業績</h2>
</div><p>Ambarella designs computer vision processors for &#34;edge devices&#34; such as autonomous vehicles, security cameras, drones, Internet of Things (IoT) devices, and wearables. An edge device processes and analyzes data locally instead of sending it to a server, and so it provides results in real time.</p>
<div class="lb-trans"><p>安霸為&#34;邊緣設備&#34;設計計算機視覺處理器，這些設備包括自動駕駛汽車、安全攝像頭、無人機、物聯網（IoT）設備和可穿戴設備。邊緣設備在本地處理和分析數據，而不是將其發送到服務器，因此能夠實時提供結果。</p>
</div><p>Demand for AI-enabled edge devices is expected to grow rapidly. According to one estimate, the edge AI hardware market's revenue could more than double over the next five years. Ambarella gives investors an opportunity to capitalize on the proliferation of edge AI devices. Rosenblatt Securities estimates that Ambarella could be one of the beneficiaries of the purported breakthrough achieved by Chinese AI start-up DeepSeek.</p>
<div class="lb-trans"><p>對 AI 啓用的邊緣設備的需求預計將迅速增長。根據一項估計，邊緣 AI 硬件市場的收入在未來五年內可能會翻倍。安霸為投資者提供了一個利用邊緣 AI 設備普及的機會。Rosenblatt Securities 估計，安霸可能是中國 AI 初創公司 DeepSeek 所取得的突破的受益者之一。</p>
</div><p>The low-cost AI model developed by DeepSeek could spur the use of AI applications in edge devices, according to Rosenblatt analyst Kevin Cassidy. As a result, the demand for processors capable of handling AI tasks at the edge should also increase. The good part is that Ambarella is already witnessing strong growth in revenue and earnings thanks to AI.</p>
<div class="lb-trans"><p>Rosenblatt 分析師 Kevin Cassidy 表示，DeepSeek 開發的低成本 AI 模型可能會促進 AI 應用在邊緣設備中的使用。因此，能夠處理邊緣 AI 任務的處理器的需求也應該增加。好消息是，安霸已經因 AI 而見證了收入和盈利的強勁增長。</p>
</div><p>The company achieved &#34;record levels of AI revenue which in turn contributed to a higher blended average selling price&#34; in the third quarter of fiscal 2025 (which ended on Oct. 31, 2024). Ambarella's top line shot up an impressive 63% year over year during the quarter, and it reported a non-GAAP (adjusted) profit, compared to a loss in the year-ago period.</p>
<div class="lb-trans"><p>該公司在 2025 財年第三季度（截至 2024 年 10 月 31 日）實現了&#34;創紀錄的 AI 收入，這反過來又推動了更高的綜合平均售價&#34;。安霸的收入在該季度同比增長了 63%，並報告了非 GAAP（調整後）利潤，而去年同期則出現了虧損。</p>
</div><p>Ambarella has guided for fiscal Q4 revenue of $78 million at the midpoint of its guidance range. That would be a 51% jump from the year-ago period. Consensus estimates are projecting a loss of $0.02 per share, compared to a much bigger loss of $0.24 per share in the prior-year period. However, don't be surprised to see Ambarella delivering stronger growth, as the company has been witnessing &#34;better than expected adoption of our AI SoCs in Other IoT markets.&#34;</p>
<div class="lb-trans"><p>安霸預計 2025 財年第四季度的收入中值為 7800 萬美元。這比去年同期增長了 51%。共識預期每股虧損 0.02 美元，而去年同期的虧損則為 0.24 美元。然而，別驚訝於安霸交出更強勁的增長，因為該公司一直在見證&#34;我們在其他物聯網市場的 AI 系統芯片的採用超出預期&#34;。</p>
</div><p>The company has started sampling a new edge AI processor with customers in the automotive space as well. All this suggests that Ambarella may be on its way to beating Wall Street's expectations once again later this month, just like it has done in the past four quarters.</p>
<div class="lb-trans"><p>該公司還開始向汽車領域的客户提供新型邊緣 AI 處理器的樣品。所有這些都表明，安霸可能再次超越華爾街的預期，就像過去四個季度那樣。</p>
</div><h2>The company seems well-placed for robust growth</h2>
<div class="lb-trans"><h2>該公司似乎為強勁增長做好了準備</h2>
</div><p>Ambarella points out that 70% of its revenue in fiscal Q3 came from edge AI applications. Automotive accounts for two-thirds of revenue, while the remaining comes from AI-based IoT applications.</p>
<div class="lb-trans"><p>安霸指出，2025 財年第三季度 70% 的收入來自邊緣 AI 應用。汽車佔收入的三分之二，其餘來自基於 AI 的物聯網應用。</p>
</div><p>Management sees its serviceable market growing from around $5 billion in fiscal 2024 to nearly $9 billion in 2027. The company aims to roll out new computer vision processors over the next couple of years in a bid to sustain the impressive growth it has been clocking of late. The company is forecasting 23% growth in fiscal 2025, which means that it ended its latest fiscal year with $279 million in revenue.</p>
<div class="lb-trans"><p>管理層預計其可服務市場將從 2024 財年的約 50 億美元增長到 2027 年的近 90 億美元。該公司計劃在未來幾年推出新的計算機視覺處理器，以維持其近期的強勁增長。該公司預計 2025 財年將增長 23%，這意味着其最新財年的收入為 2.79 億美元。</p>
</div><p>The forecast for the next couple of years points toward healthy double-digit growth.</p>
<div class="lb-trans"><p>未來幾年的預測顯示出健康的兩位數增長。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/7aaa2e8087b24e8988a2e2939404fd94.png" alt="" original-src="https://media.ycharts.com/charts/7aaa2e8087b24e8988a2e2939404fd94.png"/></p>
<p>AMBA Revenue Estimates for Current Fiscal Year data by YCharts</p>
<div class="lb-trans"><p>AMBA 當前財年收入預測數據來自 YCharts</p>
</div><p>What's more, Ambarella's healthy top-line growth is set to filter down to the bottom line as well. Analysts are projecting the company to become profitable on a non-GAAP basis in the next fiscal year.</p>
<div class="lb-trans"><p>更重要的是，安霸健康的收入增長也將傳導到底線。分析師預計該公司將在下一個財年實現非 GAAP 基礎上的盈利。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/d8b61a5afbe4287ac100c4d770f66d36.png" alt="" original-src="https://media.ycharts.com/charts/d8b61a5afbe4287ac100c4d770f66d36.png"/></p>
<p>AMBA EPS Estimates for Current Fiscal Year data by YCharts</p>
<div class="lb-trans"><p>AMBA 當前財年每股收益預測數據來自 YCharts</p>
</div><p>The market could reward the substantial improvement in Ambarella's bottom line with more upside on the stock market. Ambarella's shares have a 12-month price target of $95, as per 15 analysts covering it, pointing toward 22% gains from current levels, and they could do even better. If you're looking to add an AI stock to your portfolio, consider Ambarella, as it may jump higher after another set of solid quarterly results on Feb. 26.</p>
<div class="lb-trans"><p>市場可能會因安霸底線的顯著改善而在股市上給予更多的上漲空間。根據 15 位分析師的覆蓋，安霸的股票在未來 12 個月的目標價為 95 美元，較當前水平上漲 22%，而且可能表現得更好。如果你想在投資組合中增加一隻 AI 股票，可以考慮安霸，因為它可能在 2 月 26 日發佈另一組穩健的季度業績後再次上漲。</p>
</div>

Prediction: This Artificial Intelligence (AI) Chip Stock Will Soar Higher After Feb. 26 (Hint: It's Not Nvidia)

- Ambarella 在過去六個月的股價上漲了 64%，遠超 Nvidia 的 13% 增幅。  
- 公司預計在 2 月 26 日發佈的財報將超出華爾街預期，受益於 AI 邊緣設備需求增長。  
- Ambarella 的收入預計在 2025 財年達到 2.79 億美元，未來幾年將保持健康的雙位數增長。  

預測：這隻人工智能（AI）芯片股票將在 2 月 26 日後大漲（提示：不是英偉達）