<p><strong>英偉達</strong>(NVDA 0.57%) 與人工智能（AI）在過去幾年中已成為同義詞，因為該公司的圖形處理單元在推動這一新技術方面發揮了至關重要的作用。</p>
<p>畢竟，全球各地的公司和政府在過去三年中一直在購買英偉達最強大的芯片系統，以訓練 AI 模型和運行推理應用。而英偉達在成為全球市值最大的公司後，仍然持續交出令人矚目的穩健增長，季度增長不斷。</p>
<p>例如，在其 2026 財年第二季度，公司的收入同比增長了令人印象深刻的 56%，達到了接近 470 億美元。管理層預計在當前季度將再增長 54%，達到 540 億美元。然而，市場對英偉達在中國業務的擔憂正在影響其股價。</p>
<p>但與此同時，市場最近對 <strong>安霸</strong>(AMBA 2.45%) 的獎勵非常豐厚。這家不太知名的芯片製造商的股價在過去三個月中上漲了 52%——是英偉達同期增長速度的兩倍。而這家較小的半導體公司有潛力帶來更大的收益。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE3NjEvYWktd3JpdHRlbi1vbi1jaXJjdWl0LWJvYXJkLmpwZyZ3PTcwMA?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://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE3NjEvYWktd3JpdHRlbi1vbi1jaXJjdWl0LWJvYXJkLmpwZyZ3PTcwMA"/></p>
<p>圖片來源：Getty Images。</p>
<h2>人工智能推動了安霸的增長</h2>
<p>安霸設計的計算機視覺處理器被部署在無人機、車輛、安全攝像頭和其他設備中。其芯片在旨在本地處理 AI 過程的邊緣設備中獲得了極大的關注。</p>
<p>這有助於解釋為什麼安霸的收入在 2026 財年第二季度（截至 7 月 31 日）同比增長了 50%，達到了 9550 萬美元。此外，公司報告的非 GAAP 每股利潤為 0.15 美元，而去年同期則為每股虧損 0.13 美元。管理層在財報電話會議上指出，其邊緣 AI 收入已連續五個季度創下新紀錄。</p>
<p>公司預計邊緣 AI 處理器將在今年佔其整體收入的 80%。重要的是，對其在無人機、攝像機和車輛等多種用途的芯片需求的上升，促使管理層提高了全年的指引。現在預計其收入將在 2026 財年增長 33%，達到 3.79 億美元，早前的預測為 22% 的增長。</p>
<p>這一改善的前景得益於安霸在各個市場上獲得的新客户，以及用於機器人無人機和邊緣 AI 設備的芯片生產的提升。另一個值得注意的方面是，安霸的邊緣 AI 處理器推動了其平均售價的提升，這也解釋了公司在底線上的重大改善。</p>
<p>更好的是，安霸對其能夠在長期內維持 AI 驅動的增長充滿信心。公司預計其可服務的邊緣 AI 芯片市場在未來五年將以每年 18% 的速度增長，達到 129 億美元。公司還認為，它有能力以比其可服務市場更快的速度增長，從而贏得更大的市場份額。</p>
<p>然而，不要驚訝於看到安霸在更長時間內維持其出色的增長水平。根據 Market.US 的市場研究估計，邊緣 AI 處理器市場的收入在未來十年可能會增長 20 倍。這一增長將由邊緣 AI 處理器能夠實現的更快處理速度推動，這也是它們在自動駕駛汽車和工業應用中採用率上升的原因。</p>
<h2>吸引人的估值和改善的增長潛力使其現在值得購買</h2>
<p>安霸的股票在公司於 8 月 28 日發佈最新季度業績後上漲了近 17%。然而，即使在這一漲幅之後，該股的交易價格仍不到 10 倍的銷售額，這在與美國科技行業平均 8.5 倍的市銷率相比時並不算昂貴。公司已經證明其能夠實現更強勁的收入增長，分析師們也提高了對這一點的預期。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/de512e072fac743c52571bf1c4b71806.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/de512e072fac743c52571bf1c4b71806.png"/></p>
<p>AMBA 當前財年收入預估數據來自 YCharts。</p>
<p>然而，邊緣 AI 市場的巨大機會以及安霸在這一領域獲得更大份額的能力，可能會幫助其再次超越華爾街的預期。因此，這家鮮為人知的 AI 股票看起來值得購買，因為其令人印象深刻的增長可能會帶來更高的股價。</p>

安霸

<p>安霸的股票在三個月內上漲了 52%，表現優於英偉達，因為對其人工智能驅動的邊緣處理器的需求不斷增長。該公司在 2026 財年第二季度報告了 50% 的收入增長，達到 9550 萬美元，並預計全年增長 33%。安霸的邊緣人工智能處理器預計將主導其收入，服務市場預計每年增長 18%。儘管最近股價上漲，安霸的估值仍然具有吸引力，市銷率低於 10 倍，作為其在不斷擴大的邊緣人工智能市場中獲利的機會，成為一個引人注目的投資選擇</p>

<p><strong>Nvidia</strong>(NVDA 0.57%) and artificial intelligence (AI) have become synonymous with each other in the past couple of years as the company's graphics processing units have played a vital role in powering this new technology.</p>
<div class="lb-trans"><p><strong>英偉達</strong>(NVDA 0.57%) 與人工智能（AI）在過去幾年中已成為同義詞，因為該公司的圖形處理單元在推動這一新技術方面發揮了至關重要的作用。</p>
</div><p>After all, companies and governments around the world have been buying Nvidia's most powerful chip systems for the past three years to train AI models and run inference applications. And Nvidia has continued to deliver remarkably solid growth quarter after quarter, even after it became the world's largest company by market cap.</p>
<div class="lb-trans"><p>畢竟，全球各地的公司和政府在過去三年中一直在購買英偉達最強大的芯片系統，以訓練 AI 模型和運行推理應用。而英偉達在成為全球市值最大的公司後，仍然持續交出令人矚目的穩健增長，季度增長不斷。</p>
</div><p>For instance, its revenue in the second quarter of its fiscal 2026 was up by an impressive 56% from the year-ago period to just under $47 billion. Management is expecting another healthy increase of 54% in the current quarter to $54 billion. However, the market's concerns about Nvidia's business in China are weighing on the stock.</p>
<div class="lb-trans"><p>例如，在其 2026 財年第二季度，公司的收入同比增長了令人印象深刻的 56%，達到了接近 470 億美元。管理層預計在當前季度將再增長 54%，達到 540 億美元。然而，市場對英偉達在中國業務的擔憂正在影響其股價。</p>
</div><p>But at the same time, the market has been rewarding <strong>Ambarella</strong>(AMBA 2.45%) handsomely of late. The less well-known chipmaker's stock price has jumped 52% in the past three months -- twice as fast as Nvidia grew during the period. And the smaller semiconductor stock has the potential to deliver even more gains.</p>
<div class="lb-trans"><p>但與此同時，市場最近對 <strong>安霸</strong>(AMBA 2.45%) 的獎勵非常豐厚。這家不太知名的芯片製造商的股價在過去三個月中上漲了 52%——是英偉達同期增長速度的兩倍。而這家較小的半導體公司有潛力帶來更大的收益。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE3NjEvYWktd3JpdHRlbi1vbi1jaXJjdWl0LWJvYXJkLmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F831761%2Fai-written-on-circuit-board.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>AI has supercharged Ambarella's growth</h2>
<div class="lb-trans"><h2>人工智能推動了安霸的增長</h2>
</div><p>Ambarella designs computer vision processors that are deployed in drones, vehicles, security cameras, and other devices. Its chips are gaining terrific traction in edge devices that are intended to handle AI processes locally.</p>
<div class="lb-trans"><p>安霸設計的計算機視覺處理器被部署在無人機、車輛、安全攝像頭和其他設備中。其芯片在旨在本地處理 AI 過程的邊緣設備中獲得了極大的關注。</p>
</div><p>This helps explain why Ambarella's revenue jumped 50% year over year to $95.5 million in its fiscal 2026 second quarter, which ended on July 31. What's more, the company posted a non-GAAP profit of $0.15 per share as compared to a loss of $0.13 per share in the prior-year period. Management pointed out on the earnings conference call that its edge AI revenues have now set fresh records for five consecutive quarters.</p>
<div class="lb-trans"><p>這有助於解釋為什麼安霸的收入在 2026 財年第二季度（截至 7 月 31 日）同比增長了 50%，達到了 9550 萬美元。此外，公司報告的非 GAAP 每股利潤為 0.15 美元，而去年同期則為每股虧損 0.13 美元。管理層在財報電話會議上指出，其邊緣 AI 收入已連續五個季度創下新紀錄。</p>
</div><p>The company expects edge AI processors to account for 80% of its overall revenue this year. Importantly, the rising demand for its chips for various uses in drones, video cameras, and vehicles has encouraged management to increase its full-year guidance. It now forecasts that its revenue will rise by 33% in fiscal 2026 to $379 million, up from an earlier forecast of 22% growth.</p>
<div class="lb-trans"><p>公司預計邊緣 AI 處理器將在今年佔其整體收入的 80%。重要的是，對其在無人機、攝像機和車輛等多種用途的芯片需求的上升，促使管理層提高了全年的指引。現在預計其收入將在 2026 財年增長 33%，達到 3.79 億美元，早前的預測為 22% 的增長。</p>
</div><p>This improved outlook is backed by the new customer wins Ambarella scored last quarter across various markets, as well as a production ramp-up of chips that are destined to go into robotic drones and edge AI devices. Another thing worth noting is that Ambarella's edge AI processors are driving an improvement in its average selling price, which explains how the company reported a major improvement in its bottom line.</p>
<div class="lb-trans"><p>這一改善的前景得益於安霸在各個市場上獲得的新客户，以及用於機器人無人機和邊緣 AI 設備的芯片生產的提升。另一個值得注意的方面是，安霸的邊緣 AI 處理器推動了其平均售價的提升，這也解釋了公司在底線上的重大改善。</p>
</div><p>Even better, Ambarella is confident that it will be able to sustain its AI-fueled growth over the long run. The company projects that its serviceable addressable market in edge AI chips could increase at an annual rate of 18% over the next five years to $12.9 billion. The company also believes that it is in a position to grow at a faster pace than its addressable market does and thus win a larger market share.</p>
<div class="lb-trans"><p>更好的是，安霸對其能夠在長期內維持 AI 驅動的增長充滿信心。公司預計其可服務的邊緣 AI 芯片市場在未來五年將以每年 18% 的速度增長，達到 129 億美元。公司還認為，它有能力以比其可服務市場更快的速度增長，從而贏得更大的市場份額。</p>
</div><p>However, don't be surprised to see Ambarella sustaining its terrific growth levels for a much longer period. According to an estimate from market research from Market.US, the edge AI processor market's revenue could jump by 20 times over the next decade. That growth will be driven by the faster processing that edge AI processors are capable of, which is the reason why their adoption in autonomous vehicles and industrial applications is set to rise.</p>
<div class="lb-trans"><p>然而，不要驚訝於看到安霸在更長時間內維持其出色的增長水平。根據 Market.US 的市場研究估計，邊緣 AI 處理器市場的收入在未來十年可能會增長 20 倍。這一增長將由邊緣 AI 處理器能夠實現的更快處理速度推動，這也是它們在自動駕駛汽車和工業應用中採用率上升的原因。</p>
</div><h2>An attractive valuation and the improving growth potential make it a buy right now</h2>
<div class="lb-trans"><h2>吸引人的估值和改善的增長潛力使其現在值得購買</h2>
</div><p>Ambarella stock popped by nearly 17% after the company released its latest quarterly results on Aug. 28. Yet even after that gain, the stock trades at just under 10 times sales, which isn't very expensive when compared to the U.S. technology sector's average price-to-sales ratio of 8.5. The company has demonstrated that it is capable of clocking stronger top-line growth, and analysts have upgraded their expectations on that score as well.</p>
<div class="lb-trans"><p>安霸的股票在公司於 8 月 28 日發佈最新季度業績後上漲了近 17%。然而，即使在這一漲幅之後，該股的交易價格仍不到 10 倍的銷售額，這在與美國科技行業平均 8.5 倍的市銷率相比時並不算昂貴。公司已經證明其能夠實現更強勁的收入增長，分析師們也提高了對這一點的預期。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/de512e072fac743c52571bf1c4b71806.png" alt="" original-src="https://media.ycharts.com/charts/de512e072fac743c52571bf1c4b71806.png"/></p>
<p>AMBA Revenue Estimates for Current Fiscal Year data by YCharts.</p>
<div class="lb-trans"><p>AMBA 當前財年收入預估數據來自 YCharts。</p>
</div><p>However, the sizable opportunity in the edge AI market and Ambarella's ability to grab a bigger slice of this pie could help it exceed Wall Street's expectations again. As such, this little-known AI stock looks worth buying, as its impressive growth is likely to be rewarded with a higher share price.</p>
<div class="lb-trans"><p>然而，邊緣 AI 市場的巨大機會以及安霸在這一領域獲得更大份額的能力，可能會幫助其再次超越華爾街的預期。因此，這家鮮為人知的 AI 股票看起來值得購買，因為其令人印象深刻的增長可能會帶來更高的股價。</p>
</div>

Meet the Skyrocketing Artificial Intelligence (AI) Stock That's Leaving Nvidia in the Dust

- Nvidia 在 AI 領域的增長顯著，第二季度營收同比增長 56% 達 470 億美元。  
- Ambarella 也受益於 AI，營收同比增長 50% 達 9550 萬美元，預計全年增長 33%。  
- Ambarella 的邊緣 AI 市場前景樂觀，預計未來五年年增長率可達 18%。  

認識一下那隻正在迅速上漲的人工智能（AI）股票，它已經將英偉達遠遠甩在了後面