<p><strong>英偉達</strong> 在過去十年中成為市場上最熱門的股票之一，期間公司實現了超過 19,700% 的驚人漲幅，遠遠超過了 <strong>標準普爾 500</strong> 指數 156% 的漲幅。</p>
<p>這意味着，十年前投資 5,100 美元於英偉達的投資現在價值超過一百萬美元。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c6676971863d4c58badc6e6e34c64d1b.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/c6676971863d4c58badc6e6e34c64d1b.png"/></p>
<p>NVDA 數據來源於 YCharts</p>
<p>那些十年前有遠見將如此多資金投入英偉達並耐心持有股票的投資者，現在正坐擁可觀的收益，成為百萬富翁。</p>
<p>好消息是，英偉達仍然有許多催化劑可能在未來十年推動其股價上漲。然而，英偉達現在是全球第三大公司，市值達到 2.74 萬億美元，因此投資者期待其未來能重現過去十年的表現是荒謬的。</p>
<p>當然，英偉達仍然可以融入多元化投資組合。但希望尋找能夠帶來更大收益並幫助他們構建百萬美元投資組合的投資者，應該更仔細地關注另外兩家公司，它們正處於巨大的增長曲線的起點——<strong>博通</strong>(AVGO 2.08%) 和 <strong>Palantir Technologies</strong>(PLTR 3.57%)。</p>
<p>讓我們看看這些成長型股票為何可能值得作為百萬美元投資組合的一部分進行購買。</p>
<h2>1. 博通</h2>
<p>英偉達是數據中心圖形處理單元（GPU）的主導者，這一市場在過去幾年中顯示出驚人的增長，因為這些芯片能夠同時進行多項計算，得益於其並行計算能力。這就是為什麼主要的雲計算巨頭紛紛湧向英偉達購買其 GPU，以快速訓練和部署人工智能（AI）模型。</p>
<p>然而，博通設計的應用特定集成電路（ASIC）在 AI 公司中也獲得了極大的關注。ASIC 是為執行特定任務而設計的定製處理器，因此它們能夠以更高的速度和更低的功耗完成這些任務。因此，<strong>微軟</strong>、<strong>谷歌母公司 Alphabet</strong>、OpenAI 和 <strong>Meta Platforms</strong> 等主要雲計算和 AI 公司一直在為其 AI 數據中心開發定製的 AI 處理器。</p>
<p>這一強大的客户陣容導致博通的 AI 芯片需求大幅增長。該公司的 AI 芯片收入在上一財年（截至 2024 年 11 月 3 日）激增了 220%，達到了 122 億美元。重要的是，博通預計在未來三年內，基於已經部署其芯片的三家雲客户，AI 芯片的可服務可尋址市場（SAM）價值在 600 億到 900 億美元之間。</p>
<p>考慮到博通正在為另外四家客户開發定製 AI 芯片，這一數字可能會大幅增加。因此，博通的 AI 收入在未來幾年可能會顯著增長，原因之一是該公司在 ASIC 領域的主導地位，其市場份額估計在 55% 到 60% 之間，依據 <strong>摩根大通</strong> 的分析。</p>
<p>如果博通在三年後能夠保持對定製 AI 芯片市場一半的控制，並且可尋址市場接近其估計範圍的上限，基於目前的三家客户，其 AI 芯片收入可能會幾乎翻四倍。這解釋了為什麼分析師對該公司的未來增長持樂觀態度。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/d2545f3fea6778d54b594087265aa5fd.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/d2545f3fea6778d54b594087265aa5fd.png"/></p>
<p>AVGO 當前財年收入預測數據來源於 YCharts</p>
<p>更好的是，博通的市盈率增長比率（PEG 比率）僅為 0.47，基於其未來五年的預期收益增長，依據 Yahoo! Finance 的數據。PEG 比率低於 1 意味着在考慮其長期收益增長潛力後，股票被低估。這一切使博通成為尋求下一個可能帶來強勁長期收益的 AI 成長股的投資者的理想選擇。</p>
<h2>2. Palantir Technologies</h2>
<p>儘管近期因關税相關動盪經歷了劇烈回調，Palantir Technologies 的股票在過去一年中仍然上漲了 349%。Palantir 股票的這一出色反彈源於對其 AI 軟件平台的快速增長需求，該平台允許政府和企業將生成式 AI 工具整合到其運營中。</p>
<p>例如，北大西洋公約組織（NATO）剛剛選擇了 Palantir 的生成式 AI 和機器學習驅動的 Maven 智能系統來分析數據並支持其操作能力。然而，這只是 Palantir AI 軟件需求強勁的一個例子。該公司的剩餘合同價值（RDV），即在某一時期結束時合同的總剩餘價值，在 2024 年第四季度同比激增了 40%。</p>
<p>Palantir 的 RDV 在 2024 年第四季度末達到了 54 億美元。這高於其 2025 年收入預測的 37.5 億美元，預計比去年增長 31%。然而，隨着其 AI 解決方案繼續吸引更多客户，Palantir 的增長超出自身預期也不足為奇，NATO 就是最新的例子。</p>
<p>與此同時，商業客户由於看到效率提升，正在擴大對 Palantir AI 軟件平台的使用。Palantir 管理層在 2 月份的財報電話會議上引用了許多現有客户簽署更大合同的例子。首席收入官 Ryan Taylor 特別提到：</p>
<p>一家美國電信公司大約在兩年前成為客户，並最近簽署了一項價值 4000 萬美元的總合同價值擴展協議，以幫助管理和加速其淘汰舊網絡技術和設備，從而實現顯著的成本節省。</p>
<p>未來看到 Palantir 的人工智能軟件平台的採用率上升並不令人驚訝。根據 IDC 的數據，該市場目前正處於早期增長階段，預計到 2028 年將實現近 41% 的年增長率。市場研究公司預計到 2028 年，人工智能軟件平台的年支出將躍升至 1530 億美元。</p>
<p>因此，Palantir 在未來有巨大的增長空間。值得注意的是，該公司的增長在其人工智能軟件平台推出後加速了。根據其 RDV 的顯著增長和可尋址市場的規模，這一趨勢似乎將持續下去。當然，目前該股票的市盈率為 517，價格昂貴，但前瞻市盈率為 182，指向其底線的巨大躍升。</p>
<p>此外，Palantir 從現有客户那裏贏得更多業務的能力正在推動其利潤率的健康增長，有助於穩健的單位經濟。因此，該公司似乎在長期內能夠通過佔據更大的人工智能軟件平台市場份額來證明其高昂的估值，這也將因為其利潤率的改善而大幅提升其盈利增長。</p>
<p>所有這些使得 Palantir 成為一隻值得購買和長期持有的頂級成長股，因為該公司因人工智能的推動而準備迎接一段健康的長期增長。</p>

英偉達財報，一站看懂！

PLTR

博通

<p>英偉達在過去十年中實現了驚人的增長，增長幅度達到 19,700%，使早期投資者成為百萬富翁。然而，其 27400 億美元的市值表明，未來的收益可能無法與過去的表現相匹配。投資者被鼓勵考慮博通和 Palantir Technologies 作為潛在的高增長替代品。博通的人工智能芯片收入去年激增了 220%，前景廣闊。由於對其人工智能軟件需求的增加，包括與北約的合同，Palantir 的股票上漲了 349%。這兩家公司在人工智能領域都具備顯著的增長潛力</p>

<p><strong>Nvidia</strong> has turned out to be one of the hottest stocks on the market in the past decade, as the company has delivered phenomenal gains of more than 19,700% during this period and bested the <strong>S&amp;P 500</strong> index's gains of 156% by a massive margin.</p>
<div class="lb-trans"><p><strong>英偉達</strong> 在過去十年中成為市場上最熱門的股票之一，期間公司實現了超過 19,700% 的驚人漲幅，遠遠超過了 <strong>標準普爾 500</strong> 指數 156% 的漲幅。</p>
</div><p>What this means is that an investment of $5,100 made in Nvidia a decade ago is now worth just over a million dollars.</p>
<div class="lb-trans"><p>這意味着，十年前投資 5,100 美元於英偉達的投資現在價值超過一百萬美元。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c6676971863d4c58badc6e6e34c64d1b.png" alt="" original-src="https://media.ycharts.com/charts/c6676971863d4c58badc6e6e34c64d1b.png"/></p>
<p>NVDA data by YCharts</p>
<div class="lb-trans"><p>NVDA 數據來源於 YCharts</p>
</div><p>Investors who had the foresight to put this much money into Nvidia 10 years ago and had the patience to hold the stock for such a long time are now sitting on handsome gains, becoming millionaires in the process.</p>
<div class="lb-trans"><p>那些十年前有遠見將如此多資金投入英偉達並耐心持有股票的投資者，現在正坐擁可觀的收益，成為百萬富翁。</p>
</div><p>The good part is that Nvidia still has a lot of catalysts that could send the stock higher in the coming decade. However, Nvidia is now the world's third-largest company with a market cap of $2.74 trillion, which is why it would be absurd for investors to expect it to repeat its past decade's performance in the future.</p>
<div class="lb-trans"><p>好消息是，英偉達仍然有許多催化劑可能在未來十年推動其股價上漲。然而，英偉達現在是全球第三大公司，市值達到 2.74 萬億美元，因此投資者期待其未來能重現過去十年的表現是荒謬的。</p>
</div><p>Of course, Nvidia can still fit into a diversified portfolio. But investors looking for stocks that could deliver bigger gains and help them construct a million-dollar portfolio, in the long run, would do well to take a closer look at two other companies that are at the beginning of a massive growth curve -- <strong>Broadcom</strong>(AVGO 2.08%) and <strong>Palantir Technologies</strong>(PLTR 3.57%).</p>
<div class="lb-trans"><p>當然，英偉達仍然可以融入多元化投資組合。但希望尋找能夠帶來更大收益並幫助他們構建百萬美元投資組合的投資者，應該更仔細地關注另外兩家公司，它們正處於巨大的增長曲線的起點——<strong>博通</strong>(AVGO 2.08%) 和 <strong>Palantir Technologies</strong>(PLTR 3.57%)。</p>
</div><p>Let's look at the reasons why these growth stocks could be worth buying as part of a million-dollar portfolio.</p>
<div class="lb-trans"><p>讓我們看看這些成長型股票為何可能值得作為百萬美元投資組合的一部分進行購買。</p>
</div><h2>1. Broadcom</h2>
<div class="lb-trans"><h2>1. 博通</h2>
</div><p>Nvidia is the dominant player in data center graphics processing units (GPUs), a market that has displayed stunning growth in the past couple of years as these chips are capable of carrying out multiple calculations simultaneously because of their parallel computing ability. That's why major cloud computing giants flocked to Nvidia to buy its GPUs in a bid to quickly train and deploy artificial intelligence (AI) models.</p>
<div class="lb-trans"><p>英偉達是數據中心圖形處理單元（GPU）的主導者，這一市場在過去幾年中顯示出驚人的增長，因為這些芯片能夠同時進行多項計算，得益於其並行計算能力。這就是為什麼主要的雲計算巨頭紛紛湧向英偉達購買其 GPU，以快速訓練和部署人工智能（AI）模型。</p>
</div><p>However, the application-specific integrated circuits (ASICs) designed by Broadcom are also gaining terrific traction among AI companies. ASICs are custom processors designed to perform specific tasks, which is why they can carry out those tasks at a greater speed with lower power consumption. As a result, major cloud computing and AI companies such as <strong>Microsoft</strong>, <strong>Alphabet</strong>, OpenAI, and <strong>Meta Platforms</strong> have been developing custom AI processors for their AI data centers.</p>
<div class="lb-trans"><p>然而，博通設計的應用特定集成電路（ASIC）在 AI 公司中也獲得了極大的關注。ASIC 是為執行特定任務而設計的定製處理器，因此它們能夠以更高的速度和更低的功耗完成這些任務。因此，<strong>微軟</strong>、<strong>谷歌母公司 Alphabet</strong>、OpenAI 和 <strong>Meta Platforms</strong> 等主要雲計算和 AI 公司一直在為其 AI 數據中心開發定製的 AI 處理器。</p>
</div><p>This strong customer lineup has led to outstanding growth in demand for Broadcom's AI chips. The company's AI chip revenue shot up an impressive 220% in the previous fiscal year (which ended on Nov. 3, 2024) to $12.2 billion. Importantly, Broadcom sees a serviceable addressable market (SAM) worth $60 billion to $90 billion in AI chips over the next three years based on the three cloud customers that have already deployed its chips.</p>
<div class="lb-trans"><p>這一強大的客户陣容導致博通的 AI 芯片需求大幅增長。該公司的 AI 芯片收入在上一財年（截至 2024 年 11 月 3 日）激增了 220%，達到了 122 億美元。重要的是，博通預計在未來三年內，基於已經部署其芯片的三家雲客户，AI 芯片的可服務可尋址市場（SAM）價值在 600 億到 900 億美元之間。</p>
</div><p>That number is likely to get much bigger, considering that it is developing custom AI chips for an additional four customers. As a result, Broadcom's AI revenue could multiply significantly in the coming years from last year's levels. A key reason why that is likely to happen is the company's dominant position in ASICs, with its market share estimated to be between 55% and 60%, as per <strong>JPMorgan</strong>.</p>
<div class="lb-trans"><p>考慮到博通正在為另外四家客户開發定製 AI 芯片，這一數字可能會大幅增加。因此，博通的 AI 收入在未來幾年可能會顯著增長，原因之一是該公司在 ASIC 領域的主導地位，其市場份額估計在 55% 到 60% 之間，依據 <strong>摩根大通</strong> 的分析。</p>
</div><p>If Broadcom manages to maintain its control over half of the custom AI chip market after three years and the addressable market nears the higher end of its estimated range based on the three customers it currently has, its AI chip revenue could jump almost fourfold. This explains why analysts are upbeat about the company's potential growth going forward.</p>
<div class="lb-trans"><p>如果博通在三年後能夠保持對定製 AI 芯片市場一半的控制，並且可尋址市場接近其估計範圍的上限，基於目前的三家客户，其 AI 芯片收入可能會幾乎翻四倍。這解釋了為什麼分析師對該公司的未來增長持樂觀態度。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/d2545f3fea6778d54b594087265aa5fd.png" alt="" original-src="https://media.ycharts.com/charts/d2545f3fea6778d54b594087265aa5fd.png"/></p>
<p>AVGO Revenue Estimates for Current Fiscal Year data by YCharts</p>
<div class="lb-trans"><p>AVGO 當前財年收入預測數據來源於 YCharts</p>
</div><p>Even better, Broadcom has a price/earnings-to-growth ratio (PEG ratio) of just 0.47 based on its projected earnings growth for the next five years, according to Yahoo! Finance. A PEG ratio of less than 1 means that a stock is undervalued after taking into account its long-term earnings growth potential. All this makes Broadcom an ideal fit for investors looking for the next big AI growth stock that could deliver robust long-term gains.</p>
<div class="lb-trans"><p>更好的是，博通的市盈率增長比率（PEG 比率）僅為 0.47，基於其未來五年的預期收益增長，依據 Yahoo! Finance 的數據。PEG 比率低於 1 意味着在考慮其長期收益增長潛力後，股票被低估。這一切使博通成為尋求下一個可能帶來強勁長期收益的 AI 成長股的投資者的理想選擇。</p>
</div><h2>2. Palantir Technologies</h2>
<div class="lb-trans"><h2>2. Palantir Technologies</h2>
</div><p>Palantir Technologies' stock has shot up an impressive 349% in the past year despite witnessing a sharp pullback of late amid the tariff-related turmoil. This outstanding rally in Palantir's stock is because of the fast-growing demand for the company's AI software platform, which allows governments and businesses to integrate generative AI tools into their operations.</p>
<div class="lb-trans"><p>儘管近期因關税相關動盪經歷了劇烈回調，Palantir Technologies 的股票在過去一年中仍然上漲了 349%。Palantir 股票的這一出色反彈源於對其 AI 軟件平台的快速增長需求，該平台允許政府和企業將生成式 AI 工具整合到其運營中。</p>
</div><p>For instance, the North Atlantic Treaty Organization (NATO) has just selected Palantir's generative AI and machine learning-powered Maven Smart System to analyze data and support its operational abilities. This, however, is just one instance of the terrific demand for Palantir's AI software. The company's remaining deal value (RDV), which refers to the total remaining value of contracts at the end of a period, shot up an impressive 40% year over year in the fourth quarter of 2024.</p>
<div class="lb-trans"><p>例如，北大西洋公約組織（NATO）剛剛選擇了 Palantir 的生成式 AI 和機器學習驅動的 Maven 智能系統來分析數據並支持其操作能力。然而，這只是 Palantir AI 軟件需求強勁的一個例子。該公司的剩餘合同價值（RDV），即在某一時期結束時合同的總剩餘價值，在 2024 年第四季度同比激增了 40%。</p>
</div><p>Palantir's RDV stood at an impressive $5.4 billion at the end of Q4 2024. That's higher than its 2025 revenue forecast of $3.75 billion, which would be a 31% improvement over last year. However, don't be surprised to see Palantir's growth exceeding its own expectations as its AI solutions continue to attract more customers, with NATO being the latest example.</p>
<div class="lb-trans"><p>Palantir 的 RDV 在 2024 年第四季度末達到了 54 億美元。這高於其 2025 年收入預測的 37.5 億美元，預計比去年增長 31%。然而，隨着其 AI 解決方案繼續吸引更多客户，Palantir 的增長超出自身預期也不足為奇，NATO 就是最新的例子。</p>
</div><p>Meanwhile, commercial customers have been expanding their usage of Palantir's AI software platform thanks to the efficiency gains that they are witnessing. Palantir management cited many examples of its existing customers signing bigger contracts on the February earnings conference call. Singling out one such example, Chief Revenue Officer Ryan Taylor pointed out:</p>
<div class="lb-trans"><p>與此同時，商業客户由於看到效率提升，正在擴大對 Palantir AI 軟件平台的使用。Palantir 管理層在 2 月份的財報電話會議上引用了許多現有客户簽署更大合同的例子。首席收入官 Ryan Taylor 特別提到：</p>
</div><blockquote>
<p>An American telecom company became a customer approximately two years ago and recently signed a $40 million TCV expansion deal to help manage and accelerate their decommissioning of old network technologies and equipment in order to achieve significant cost savings.</p>
</blockquote>
<div class="lb-trans"><p>一家美國電信公司大約在兩年前成為客户，並最近簽署了一項價值 4000 萬美元的總合同價值擴展協議，以幫助管理和加速其淘汰舊網絡技術和設備，從而實現顯著的成本節省。</p>
</div><p>It won't be surprising to see the adoption of Palantir's AI software platform increasing in the future. This market is currently in its early phases of growth and is expected to clock almost 41% annual growth through 2028, according to IDC. The market research firm sees the annual spending on AI software platforms jumping to $153 billion in 2028.</p>
<div class="lb-trans"><p>未來看到 Palantir 的人工智能軟件平台的採用率上升並不令人驚訝。根據 IDC 的數據，該市場目前正處於早期增長階段，預計到 2028 年將實現近 41% 的年增長率。市場研究公司預計到 2028 年，人工智能軟件平台的年支出將躍升至 1530 億美元。</p>
</div><p>Palantir, therefore, has tremendous room for growth going forward. Another thing worth noting is that the company's growth has accelerated following the launch of its AI software platform. That trend seems like it's here to stay, as the impressive growth in its RDV and the size of its addressable market tell us. Of course, the stock is expensive right now with a trailing earnings multiple of 517, but the forward earnings multiple of 182 points toward a big jump in its bottom line.</p>
<div class="lb-trans"><p>因此，Palantir 在未來有巨大的增長空間。值得注意的是，該公司的增長在其人工智能軟件平台推出後加速了。根據其 RDV 的顯著增長和可尋址市場的規模，這一趨勢似乎將持續下去。當然，目前該股票的市盈率為 517，價格昂貴，但前瞻市盈率為 182，指向其底線的巨大躍升。</p>
</div><p>Additionally, Palantir's ability to win more business from existing customers is leading to healthy growth in its margins, contributing toward solid unit economics. So, the company seems well placed to justify its expensive valuation in the long run by cornering a bigger share of the AI software platforms market, which should also supercharge its earnings growth because of its improving margin profile.</p>
<div class="lb-trans"><p>此外，Palantir 從現有客户那裏贏得更多業務的能力正在推動其利潤率的健康增長，有助於穩健的單位經濟。因此，該公司似乎在長期內能夠通過佔據更大的人工智能軟件平台市場份額來證明其高昂的估值，這也將因為其利潤率的改善而大幅提升其盈利增長。</p>
</div><p>All this makes Palantir a top growth stock to buy and hold for the long run, as the company is set up for a long period of healthy growth thanks to AI.</p>
<div class="lb-trans"><p>所有這些使得 Palantir 成為一隻值得購買和長期持有的頂級成長股，因為該公司因人工智能的推動而準備迎接一段健康的長期增長。</p>
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Should You Forget Nvidia and Buy These 2 Millionaire-Maker Stocks Instead?

- Nvidia 在過去十年中股價上漲超過 19,700%，遠超標普 500 指數的 156% 增長。  
- Broadcom 和 Palantir Technologies 被認為是未來潛在的增長股，分別在 AI 芯片和軟件平台領域表現出色。  
- Broadcom 的 AI 芯片收入在去年增長 220%，而 Palantir 的剩餘合同價值同比增長 40%。  

你是否應該放棄英偉達，轉而投資這兩隻能夠創造百萬富翁的股票？