<p>三十多年前，互聯網的出現和普及代表了美國企業增長潛力的一次飛躍。儘管企業花費了數年時間將這一創新轉變為強大的盈利工具，但投資者一直在等待下一個能夠積極影響企業增長率的顛覆性趨勢的到來。人工智能（AI）的演變似乎就是下一個飛躍。</p>
<p>企業正在自由地投資於必要的硬件和解決方案，以在各自行業中獲得競爭優勢。根據普華永道的估計，到 2030 年，全球國內生產總值預計將因人工智能而增長 26%。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjI0OTMvbW9uZXktbWFuYWdlci1zdG9jay1jaGFydC1yZWZsZWN0aW9uLWdsYXNzZXMtbGFwdG9wLWJ1eS1zZWxsLWdldHR5LmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="466" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjI0OTMvbW9uZXktbWFuYWdlci1zdG9jay1jaGFydC1yZWZsZWN0aW9uLWdsYXNzZXMtbGFwdG9wLWJ1eS1zZWxsLWdldHR5LmpwZyZ3PTcwMA"/></p>
<p>圖片來源：Getty Images。</p>
<p>但比起猜測人工智能能帶我們去哪裏，更有趣的是分析華爾街最聰明的資金經理如何在領先的人工智能股票中進行交易。</p>
<p>在一個季度結束後的 45 個日曆日內，管理資產至少為 1 億美元的機構投資者必須向證券交易委員會提交 13F 表格。13F 為投資者提供了一種跟蹤華爾街最成功的資產管理者在最新季度買賣哪些股票、交易所交易基金（ETF）和選擇權的方式。</p>
<p>儘管大多數投資者像鷹一樣盯着沃倫·巴菲特的交易活動，但他並不是唯一一位擁有令人印象深刻業績記錄的億萬富翁基金經理。Appaloosa 的戴維·特普爾（David Tepper）目前管理着超過 80 億美元的資產，是另一位億萬富翁投資者，值得密切關注。</p>
<p>特普爾非常看好人工智能的崛起，但他對購買和出售的人工智能股票非常挑剔。在過去兩年中，特普爾已經將人工智能圖形處理單元（GPU）領域的兩大巨頭拒之門外，同時最近又投資於華爾街萬億俱樂部的新成員之一。</p>
<h2>Appaloosa 的億萬富翁首席將英偉達和 AMD 的股票打包出售</h2>
<p>儘管在數據中心基礎設施和所需的 AI-GPU 上花費了大量資金，以促進瞬息萬變的決策和大型語言模型的訓練，但 Appaloosa 的 13F 顯示，特普爾一直是 <strong>英偉達</strong>（NVIDIA）和 <strong>超微半導體</strong>（AMD）的持續賣家，後者通常被稱為 “AMD”。</p>
<p>考慮到英偉達在 2024 年 6 月進行的史上最大一次 10 比 1 的拆股，Appaloosa 在英偉達的持股從 2023 年 6 月 30 日的 1020 萬股（拆股調整後）減少到 2025 年 3 月 31 日的僅 30 萬股，下降幅度達到 97%！與此同時，特普爾在 AMD 的持股從 2023 年 6 月結束的季度的 231 萬股減少到 2025 年 3 月 31 日的零股。</p>
<p>儘管對 AI-GPU 的需求強勁，但有幾個原因可能解釋為什麼 Appaloosa 的億萬富翁投資者選擇退出。</p>
<p>最明顯的原因是特普爾可能在鎖定收益。英偉達和 AMD 的股票在人工智能革命的炒作中飆升，而特普爾基金的平均持股時間不到 10 個季度（30 個月）。在兩家公司歷史性的上漲之後兑現收益是合理的。</p>
<p>令人擔憂的是，這一賣出活動可能不僅僅是特普爾希望鎖定收益的表現。</p>
<p>例如，存在一些監管問題，使得英偉達和 AMD 的投資風險加大。拜登和特朗普兩屆政府都限制了對中國（全球第二大經濟體）出口先進 AI 芯片及相關設備。這些出口限制，加上特朗普總統的全球關税政策，威脅到 AI 硬件供應商的銷售和/或利潤率。</p>
<p>日益激烈的競爭是另一個可能讓英偉達和超微半導體擔憂的問題。只要 AI-GPU 的稀缺性持續存在，這兩家公司就可以對其硬件收取溢價。但隨着外部和內部競爭的加劇，這種稀缺性應該會隨着時間的推移而減弱，從而削弱它們的定價能力。</p>
<p>最後，人工智能泡沫形成和破裂的潛在風險。幾十年來，沒有哪項顛覆性創新在擴張初期避免了泡沫。大多數企業尚未優化其 AI 解決方案，且尚未從 AI 投資中獲得正回報，這表明 AI 距離成熟技術還有很長的路要走。如果歷史重演，AI 泡沫破裂，像英偉達和 AMD 這樣的硬件供應商將可能受到重創。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjI0OTMvZGF0YS1jZW50ZXItZW5naW5lZXItZ3B1LWFydGlmaWNpYWwtaW50ZWxsaWdlbmNlLWFpLWNsb3VkLXNlcnZlci1nZXR0eS5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="466" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjI0OTMvZGF0YS1jZW50ZXItZW5naW5lZXItZ3B1LWFydGlmaWNpYWwtaW50ZWxsaWdlbmNlLWFpLWNsb3VkLXNlcnZlci1nZXR0eS5qcGcmdz03MDA"/></p>
<p>圖片來源：Getty Images。</p>
<h2>戴維·特普爾在人工智能革命中似乎正在轉變關注焦點</h2>
<p>儘管億萬富翁戴維·特普爾在最近幾個季度減少了對關鍵 AI-GPU 供應商的投資，但他正在購買一隻頂級的人工智能股票。具體來説，Appaloosa 的首席投資者在第一季度開設了 130,000 股的 <strong>博通</strong>（Broadcom）頭寸。</p>
<p>全球僅有 11 家上市公司曾實現 1 萬億美元的估值，其中 10 家在美國交易所上市。博通是這些達到這一心理重要閾值的精英企業中較新的成員之一。</p>
<p>博通的股票在兩年前開始加速上漲，這得益於其推出的 Jericho3-AI 架構。博通在人工智能領域的核心角色是連接大量 GPU，以最大化其計算能力並最小化尾延遲。換句話説，博通的解決方案旨在加快人工智能驅動的軟件和系統所需的瞬時決策。</p>
<p>博通目前的增長和淨銷售額主要來自人工智能及其先進芯片的崛起。在截至 2024 年 11 月 3 日的 2024 財年中，博通實現了 516 億美元的銷售額，其中約 122 億美元來自與人工智能相關的收入。到 2027 財年，首席執行官霍克·譚預計與人工智能相關的銷售額將躍升至 600 億至 900 億美元，原因是少數超大規模客户的支出增長。</p>
<p>但博通對特普爾如此有吸引力的原因可能在於其多元化的業務。毫無疑問，人工智能是推動博通銷售和利潤增長的燃料。然而，博通也是下一代智能手機中無線芯片和配件的主要供應商之一。無線供應商擴大其 5G 網絡的覆蓋範圍，導致智能手機更換週期持續，博通的解決方案需求健康。</p>
<p>除了在智能手機無線芯片領域扮演關鍵角色外，博通還為工業部門提供各種解決方案，並且是網絡安全解決方案提供商賽門鐵克的母公司。</p>
<p>此外，博通還依靠收購來擴展其產品和服務生態系統。例如，2023 年 11 月以 690 億美元收購雲計算和虛擬化軟件公司 VMware，使其更好地定位為管理私有和混合雲應用程序的企業基礎設施技術主要參與者。</p>
<p>如果人工智能泡沫破裂，博通預計將在科技股面臨的挑戰環境中，比英偉達或 AMD 表現得更好。</p>

英偉達

2 倍做多英偉達 ETF - GraniteShares

南方兩倍做多英偉達

南方兩倍做空英偉達

英偉達期權收益策略 ETF - YieldMax

1 倍做空英偉達 ETF - Direxion

2 倍做多 NVDA ETF - T-Rex

2 倍做空 NVDA ETF - T-Rex

半導體 3 倍做多 - Direxion

<p>億萬富翁大衞·泰珀（David Tepper）已出售了阿帕盧薩（Appaloosa）在英偉達（Nvidia）中的 97% 股份，並完全清倉了在 AMD 的持倉，轉而關注一隻新的萬億級人工智能股票。泰珀的出售可能是由於在價格大幅上漲後鎖定收益、監管擔憂以及人工智能 GPU 市場競爭加劇。人工智能泡沫的潛在風險也給英偉達和 AMD 帶來了挑戰，因為許多企業尚未優化其人工智能投資。泰珀的舉動反映了在不斷變化的人工智能環境中戰略的轉變</p>

<p>More than 30 years ago, the advent and proliferation of the internet represented a leap forward in growth potential for corporate America. Although it took years for businesses to turn this innovation into a powerful moneymaking tool, investors have been waiting a long time for the next game-changing trend to come along that can positively impact the corporate growth rate. The evolution of artificial intelligence (AI) looks to be this next leap forward.</p>
<div class="lb-trans"><p>三十多年前，互聯網的出現和普及代表了美國企業增長潛力的一次飛躍。儘管企業花費了數年時間將這一創新轉變為強大的盈利工具，但投資者一直在等待下一個能夠積極影響企業增長率的顛覆性趨勢的到來。人工智能（AI）的演變似乎就是下一個飛躍。</p>
</div><p>Businesses are freely spending on the hardware and solutions necessary to gain a competitive edge within their respective industries. Based on estimates from PwC, global gross domestic product is expected to jump by 26% come 2030 solely because of AI.</p>
<div class="lb-trans"><p>企業正在自由地投資於必要的硬件和解決方案，以在各自行業中獲得競爭優勢。根據普華永道的估計，到 2030 年，全球國內生產總值預計將因人工智能而增長 26%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjI0OTMvbW9uZXktbWFuYWdlci1zdG9jay1jaGFydC1yZWZsZWN0aW9uLWdsYXNzZXMtbGFwdG9wLWJ1eS1zZWxsLWdldHR5LmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F822493%2Fmoney-manager-stock-chart-reflection-glasses-laptop-buy-sell-getty.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><p>But what's even more interesting than speculating about where AI can take us is analyzing how Wall Street's smartest money managers have approached their trading activity in leading AI stocks.</p>
<div class="lb-trans"><p>但比起猜測人工智能能帶我們去哪裏，更有趣的是分析華爾街最聰明的資金經理如何在領先的人工智能股票中進行交易。</p>
</div><p>No later than 45 calendar days following the end to a quarter, institutional investors with at least $100 million in assets under management (AUM) are required to file Form 13F with the Securities and Exchange Commission. A 13F offers a way for investors to track which stocks, exchange-traded funds (ETFs), and select options Wall Street's most-successful asset managers bought and sold in the latest quarter.</p>
<div class="lb-trans"><p>在一個季度結束後的 45 個日曆日內，管理資產至少為 1 億美元的機構投資者必須向證券交易委員會提交 13F 表格。13F 為投資者提供了一種跟蹤華爾街最成功的資產管理者在最新季度買賣哪些股票、交易所交易基金（ETF）和選擇權的方式。</p>
</div><p>Though most investors track Warren Buffett's trading activity like a hawk, he's not the only billionaire fund manager with an impressive track record. David Tepper of Appaloosa, who's currently overseeing north of $8 billion in AUM, is another billionaire investors wisely pay close attention to.</p>
<div class="lb-trans"><p>儘管大多數投資者像鷹一樣盯着沃倫·巴菲特的交易活動，但他並不是唯一一位擁有令人印象深刻業績記錄的億萬富翁基金經理。Appaloosa 的戴維·特普爾（David Tepper）目前管理着超過 80 億美元的資產，是另一位億萬富翁投資者，值得密切關注。</p>
</div><p>Tepper is a big fan of the rise of AI, but he's been quite picky about the artificial intelligence stocks he's buying and selling. Over the last two years, Tepper has shown two of the biggest players in the AI-graphics processing unit (GPU) space to the door, all while recently diving into one of the newest members of the trillion-dollar club on Wall Street.</p>
<div class="lb-trans"><p>特普爾非常看好人工智能的崛起，但他對購買和出售的人工智能股票非常挑剔。在過去兩年中，特普爾已經將人工智能圖形處理單元（GPU）領域的兩大巨頭拒之門外，同時最近又投資於華爾街萬億俱樂部的新成員之一。</p>
</div><h2>Appaloosa's billionaire chief sends shares of Nvidia and AMD packing</h2>
<div class="lb-trans"><h2>Appaloosa 的億萬富翁首席將英偉達和 AMD 的股票打包出售</h2>
</div><p>Despite abundant spending on data-center infrastructure and the AI-GPUs needed to facilitate split-second decisions and the training of large language models, Appaloosa's 13Fs have shown Tepper to be a persistent seller of shares of <strong>Nvidia</strong>(NVDA 0.33%) and <strong>Advanced Micro Devices</strong>(AMD 1.17%), which is best known as &#34;AMD.&#34;</p>
<div class="lb-trans"><p>儘管在數據中心基礎設施和所需的 AI-GPU 上花費了大量資金，以促進瞬息萬變的決策和大型語言模型的訓練，但 Appaloosa 的 13F 顯示，特普爾一直是 <strong>英偉達</strong>（NVIDIA）和 <strong>超微半導體</strong>（AMD）的持續賣家，後者通常被稱為 “AMD”。</p>
</div><p>Taking into account Nvidia's largest-ever forward split (10-for-1) in June 2024, Appaloosa's stake in Nvidia has shrunk from 10.2 million split-adjusted shares, as of June 30, 2023, to just 300,000 shares by March 31, 2025 -- a decline of 97%! Meanwhile, Tepper's position in AMD was whittled down from a peak of 2.31 million shares in the June-ended quarter in 2023 to no shares remaining, as of March 31, 2025.</p>
<div class="lb-trans"><p>考慮到英偉達在 2024 年 6 月進行的史上最大一次 10 比 1 的拆股，Appaloosa 在英偉達的持股從 2023 年 6 月 30 日的 1020 萬股（拆股調整後）減少到 2025 年 3 月 31 日的僅 30 萬股，下降幅度達到 97%！與此同時，特普爾在 AMD 的持股從 2023 年 6 月結束的季度的 231 萬股減少到 2025 年 3 月 31 日的零股。</p>
</div><p>While demand for AI-GPUs has been robust, there are a couple of reasons that may help explain why Appaloosa's billionaire investor headed for the exit.</p>
<div class="lb-trans"><p>儘管對 AI-GPU 的需求強勁，但有幾個原因可能解釋為什麼 Appaloosa 的億萬富翁投資者選擇退出。</p>
</div><p>The most obvious of these reasons is that Tepper might have been locking in gains. Shares of Nvidia and AMD both soared amid the hype of the AI revolution, and the average holding in Tepper's fund has stuck around for less than 10 quarters (30 months). Cashing in his chips following a historic run-up for both companies would make sense.</p>
<div class="lb-trans"><p>最明顯的原因是特普爾可能在鎖定收益。英偉達和 AMD 的股票在人工智能革命的炒作中飆升，而特普爾基金的平均持股時間不到 10 個季度（30 個月）。在兩家公司歷史性的上漲之後兑現收益是合理的。</p>
</div><p>The concern is there may be more to this selling activity than Tepper's desire to lock in gains.</p>
<div class="lb-trans"><p>令人擔憂的是，這一賣出活動可能不僅僅是特普爾希望鎖定收益的表現。</p>
</div><p>For example, there are regulatory issues at play that make Nvidia and AMD somewhat risky investments. Both the Joe Biden and Donald Trump administrations restricted exports of advanced AI chips and related equipment to China, which is the world's No. 2 economy. These export restrictions, coupled with President Trump's global tariff policy, threaten to reduce sales and/or margins for AI hardware providers.</p>
<div class="lb-trans"><p>例如，存在一些監管問題，使得英偉達和 AMD 的投資風險加大。拜登和特朗普兩屆政府都限制了對中國（全球第二大經濟體）出口先進 AI 芯片及相關設備。這些出口限制，加上特朗普總統的全球關税政策，威脅到 AI 硬件供應商的銷售和/或利潤率。</p>
</div><p>Increasing competition is another potential worry for Nvidia and Advanced Micro Devices. As long as AI-GPU scarcity persists, both companies can charge a premium for their hardware. But with external and internal competition picking up, this scarcity should wane over time and whittle away their pricing power.</p>
<div class="lb-trans"><p>日益激烈的競爭是另一個可能讓英偉達和超微半導體擔憂的問題。只要 AI-GPU 的稀缺性持續存在，這兩家公司就可以對其硬件收取溢價。但隨着外部和內部競爭的加劇，這種稀缺性應該會隨着時間的推移而減弱，從而削弱它們的定價能力。</p>
</div><p>Lastly, there's the potential for an AI bubble forming and bursting. There hasn't been a game-changing innovation in decades that's avoided a bubble early in its expansion phase. The fact that most businesses haven't yet optimized their Ai solutions and aren't generating a positive return on their AI investments suggests AI is a long way from being a mature technology. If history were to repeat and the AI bubble bursts, hardware providers like Nvidia and AMD would, presumably, be hit hard.</p>
<div class="lb-trans"><p>最後，人工智能泡沫形成和破裂的潛在風險。幾十年來，沒有哪項顛覆性創新在擴張初期避免了泡沫。大多數企業尚未優化其 AI 解決方案，且尚未從 AI 投資中獲得正回報，這表明 AI 距離成熟技術還有很長的路要走。如果歷史重演，AI 泡沫破裂，像英偉達和 AMD 這樣的硬件供應商將可能受到重創。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjI0OTMvZGF0YS1jZW50ZXItZW5naW5lZXItZ3B1LWFydGlmaWNpYWwtaW50ZWxsaWdlbmNlLWFpLWNsb3VkLXNlcnZlci1nZXR0eS5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F822493%2Fdata-center-engineer-gpu-artificial-intelligence-ai-cloud-server-getty.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><h2>David Tepper appears to be shifting his focus amid the AI revolution</h2>
<div class="lb-trans"><h2>戴維·特普爾在人工智能革命中似乎正在轉變關注焦點</h2>
</div><p>Though billionaire David Tepper hasn't been shy about reducing his fund's exposure to key AI-GPU providers in recent quarters, there is one premier artificial intelligence stock he's buying. Specifically, Appaloosa's head investor opened a 130,000-share position in AI-networking specialist <strong>Broadcom</strong>(AVGO 1.50%) during the first quarter.</p>
<div class="lb-trans"><p>儘管億萬富翁戴維·特普爾在最近幾個季度減少了對關鍵 AI-GPU 供應商的投資，但他正在購買一隻頂級的人工智能股票。具體來説，Appaloosa 的首席投資者在第一季度開設了 130,000 股的 <strong>博通</strong>（Broadcom）頭寸。</p>
</div><p>Only 11 publicly traded companies worldwide have ever achieved a $1 trillion valuation, 10 of which trade on U.S. exchanges. Broadcom is one of the more recent of these elite businesses to hit this psychologically important threshold.</p>
<div class="lb-trans"><p>全球僅有 11 家上市公司曾實現 1 萬億美元的估值，其中 10 家在美國交易所上市。博通是這些達到這一心理重要閾值的精英企業中較新的成員之一。</p>
</div><p>Broadcom stock really began to pick up steam two years ago, following its introduction of the Jericho3-AI fabric. Broadcom's integral role in the AI arena is to connect large numbers of GPUs to maximize their compute capabilities and minimize tail latency. In other words, Broadcom's solutions are designed to expedite the split-second decision-making required of AI-driven software and systems.</p>
<div class="lb-trans"><p>博通的股票在兩年前開始加速上漲，這得益於其推出的 Jericho3-AI 架構。博通在人工智能領域的核心角色是連接大量 GPU，以最大化其計算能力並最小化尾延遲。換句話説，博通的解決方案旨在加快人工智能驅動的軟件和系統所需的瞬時決策。</p>
</div><p>The bulk of Broadcom's growth and net sales are currently derived from the rise of AI and its advanced chips. In fiscal 2024, which ended on Nov. 3, 2024, it delivered $51.6 billion in sales, with approximately $12.2 billion coming from AI-related revenue. By fiscal 2027, CEO Hock Tan sees AI-related sales jumping to between $60 billion and $90 billion due to spending growth from a small number of hyperscale customers.</p>
<div class="lb-trans"><p>博通目前的增長和淨銷售額主要來自人工智能及其先進芯片的崛起。在截至 2024 年 11 月 3 日的 2024 財年中，博通實現了 516 億美元的銷售額，其中約 122 億美元來自與人工智能相關的收入。到 2027 財年，首席執行官霍克·譚預計與人工智能相關的銷售額將躍升至 600 億至 900 億美元，原因是少數超大規模客户的支出增長。</p>
</div><p>But what might make Broadcom so attractive to Tepper is its diversified operations. Make no mistake about it, AI is the fuel that's accelerated Broadcom's sales and profit growth. However, it's also one of the leading providers of wireless chips and accessories used in next-generation smartphones. Wireless providers expanding the reach of their 5G networks has led to a consistent smartphone replacement cycle and healthy demand for Broadcom's solutions.</p>
<div class="lb-trans"><p>但博通對特普爾如此有吸引力的原因可能在於其多元化的業務。毫無疑問，人工智能是推動博通銷售和利潤增長的燃料。然而，博通也是下一代智能手機中無線芯片和配件的主要供應商之一。無線供應商擴大其 5G 網絡的覆蓋範圍，導致智能手機更換週期持續，博通的解決方案需求健康。</p>
</div><p>In addition to being a key player in wireless chips for smartphones, it also provides an assortment of solutions to the industrial sector and is the parent of cybersecurity solutions provider Symantec.</p>
<div class="lb-trans"><p>除了在智能手機無線芯片領域扮演關鍵角色外，博通還為工業部門提供各種解決方案，並且是網絡安全解決方案提供商賽門鐵克的母公司。</p>
</div><p>Furthermore, Broadcom has leaned on acquisitions as a means to expand its product and service ecosystem. For instance, its mammoth $69 billion buyout of cloud and virtualization software company VMware in November 2023 better positioned it to become a major infrastructure technology player for businesses managing applications across private and hybrid clouds.</p>
<div class="lb-trans"><p>此外，博通還依靠收購來擴展其產品和服務生態系統。例如，2023 年 11 月以 690 億美元收購雲計算和虛擬化軟件公司 VMware，使其更好地定位為管理私有和混合雲應用程序的企業基礎設施技術主要參與者。</p>
</div><p>If the AI bubble were to burst, Broadcom would be expected to navigate a challenging environment for tech stocks far better than Nvidia or AMD.</p>
<div class="lb-trans"><p>如果人工智能泡沫破裂，博通預計將在科技股面臨的挑戰環境中，比英偉達或 AMD 表現得更好。</p>
</div>

Billionaire David Tepper Sold 97% of Appaloosa's Nvidia Stake and His Entire Position in AMD in Favor of This Trillion-Dollar Artificial Intelligence (AI) Stock

- 人工智能被視為推動企業增長的下一個重要趨勢。  
- 大衞·泰珀減少對 Nvidia 和 AMD 的投資，同時增持 Broadcom 股票。  
- Broadcom 預計 AI 相關銷售將大幅增長，且業務多元化降低風險。  

億萬富翁大衞·泰珀出售了阿帕盧薩 97% 的英偉達股份以及他在 AMD 的全部持倉，轉而投資於這隻市值達萬億美元的人工智能股票