<p>人工智能（AI）行業正在為各個行業帶來變革時代，正如互聯網在世紀之交所做的那樣。而且和那個時候一樣，新的初創公司不斷湧現，其中 Groq 就是一個顯著的例子。</p>
<p>Groq 正在與 AI 半導體芯片領導者 <strong>英偉達</strong>（Nvidia）（NVDA 2.83%）和 <strong>超微半導體</strong>（AMD）（AMD 0.72%）競爭。但與其説這家初創公司對其更大競爭對手的市場份額構成威脅，不如説它更像是推動需求上升的催化劑。</p>
<p>以下是 Groq、Cerebras Systems 和其他 AI 初創公司如何在人工智能領域競爭中使英偉達和 AMD 受益。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzQwNTYvaGVhZHF1YXJ0ZXJzLXdpdGgtYW1kLWxvZ28tb24tdG9wLW9mLWJ1aWxkaW5nX2FtZF9hZHZhbmNlLmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="420" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzQwNTYvaGVhZHF1YXJ0ZXJzLXdpdGgtYW1kLWxvZ28tb24tdG9wLW9mLWJ1aWxkaW5nX2FtZF9hZHZhbmNlLmpwZyZ3PTcwMA"/></p>
<p>圖片來源：AMD。</p>
<h2>Groq 對英偉達和 AMD 的挑戰</h2>
<p>英偉達和 AMD 通過向 OpenAI 等客户提供圖形處理單元（GPU）而成為 AI 領導者。GPU 對於推動 AI 系統的計算能力至關重要，使其成為人工智能的基本硬件。</p>
<p>Groq 通過其語言處理單元（LPU）挑戰英偉達和 AMD 的市場主導地位。GPU 在一般 AI 計算和訓練中有效，而 Groq 的 LPU 則專門為 AI 推理設計，即在 AI 訓練後分析數據並得出結論的過程。</p>
<p>由於 Groq 的 LPU 僅專注於 AI 推理，該產品在執行任務時提供了令人印象深刻的速度和效率。這些能力吸引了客户。</p>
<p>如今，專注於人工智能的公司，如 OpenAI，正在積極追求更好的 AI 推理。Groq 從這一趨勢中受益，導致其在 9 月進行了一輪 7.5 億美元的融資，使其估值接近 70 億美元。</p>
<h2>Groq 如何幫助英偉達和 AMD</h2>
<p>英偉達和 AMD 如何從 Groq 的成功中獲益？正如古老的諺語所説，潮水上漲使所有船隻都浮起。針對 AI 推理的芯片需求增加意味着英偉達和 AMD 可以銷售更多產品。</p>
<p>例如，AMD 通過向 AI 客户提供 GPU 和神經處理單元（NPU）採取了多管齊下的方法。NPU 是旨在模擬人腦處理能力的處理器。</p>
<p>通過提供各種專門用於不同任務的 AI 芯片，英偉達和 AMD 可以提高收入。隨着 AI 行業越來越多地從訓練 AI 模型轉向推理，它們的銷售有望增長。</p>
<p>這已經得到了證明。在 10 月，AMD 與 OpenAI 簽署了一項多年協議，提供 AI 計算硬件。OpenAI 的首席執行官 Sam Altman 描述了這一合作伙伴關係及其如何推動人工智能的發展，他表示：“這一合作伙伴關係是實現 AI 全部潛力所需計算能力的重要一步。”</p>
<p>與此同時，英偉達在 9 月與 OpenAI 達成了自己的協議，作為協議的一部分，將向 ChatGPT 的創造者提供數百萬個 AI 芯片。</p>
<p>此外，Groq 的成功表明，市場上存在對替代市場領導者英偉達的需求，後者估計控制着 94% 的市場份額。Groq 的崛起可以削弱英偉達在 AI 芯片上的控制力，因為企業變得更加開放於採用非英偉達硬件。</p>
<p>這為 AMD 創造了加強市場地位的機會。但英偉達也受益於降低了聯邦反壟斷調查的可能性。</p>
<p>也就是説，目前英偉達和 AMD 都沒有面臨失去嚴重市場份額給 Groq 的風險。兩者都有雄厚的資金繼續投資於尖端 AI 技術，使它們能夠抵禦 Groq 的挑戰。</p>
<h2>投資英偉達和 AMD 股票是否明智？</h2>
<p>Groq 的成功表明，投資英偉達和 AMD 的機會遠未結束。然而，行業老將在未來幾年可以期待的增長已經推動了股價的飆升。</p>
<p>英偉達的股票在 10 月 9 日創下歷史新高，超過 195 美元，而 AMD 的股價在那天也超過了 240 美元。</p>
<p>因此，基於未來 12 個月的預期市盈率（P/E）比率，這兩隻股票的股價估值都很高，這表明投資者願意為一美元的收益支付的價格。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c1fc6b4ceee4823620dc2e363342e215.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="720" height="456" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c1fc6b4ceee4823620dc2e363342e215.png"/></p>
<p>數據來源：YCharts。</p>
<p>正如圖表所示，AMD 與 OpenAI 合作的公告導致其市盈率倍數飆升，現在遠高於英偉達。因此，英偉達的股票更具價值。</p>
<p>其優越的估值使英偉達成為值得考慮購買的股票，儘管它和 AMD 都準備享受來自 AI 的多年業務增長。不過，英偉達的股票也並不便宜，因此明智的做法是在股價下跌後再決定是否購買。</p>

<p>Nvidia 和 AMD 處於有利位置，能夠從對 AI 芯片日益增長的需求中受益，這一需求主要由像 Groq 這樣的初創公司推動。Groq 的語言處理單元（LPU）專注於 AI 推理，吸引了大量投資和客户關注。這一趨勢使得 Nvidia 和 AMD 能夠增加其 GPU 和神經處理單元（NPU）的銷售。與 OpenAI 的近期合作進一步鞏固了它們的市場地位。儘管 Groq 的崛起，Nvidia 和 AMD 並不面臨失去市場份額的風險，投資它們的股票仍然前景看好，目前 Nvidia 提供了更好的價值</p>

<p>The artificial intelligence (AI) sector is ushering in a transformative era for industries, much like the internet did at the turn of the century. And like that time, new start-ups are popping up, with Groq being one notable example.</p>
<div class="lb-trans"><p>人工智能（AI）行業正在為各個行業帶來變革時代，正如互聯網在世紀之交所做的那樣。而且和那個時候一樣，新的初創公司不斷湧現，其中 Groq 就是一個顯著的例子。</p>
</div><p>Groq is competing with AI semiconductor chip leaders <strong>Nvidia</strong>(NVDA 2.83%) and <strong>Advanced Micro Devices</strong>(AMD 0.72%). But rather than the start-up posing a threat to the market share of its larger competitors, it's looking like a catalyst to drive demand higher.</p>
<div class="lb-trans"><p>Groq 正在與 AI 半導體芯片領導者 <strong>英偉達</strong>（Nvidia）（NVDA 2.83%）和 <strong>超微半導體</strong>（AMD）（AMD 0.72%）競爭。但與其説這家初創公司對其更大競爭對手的市場份額構成威脅，不如説它更像是推動需求上升的催化劑。</p>
</div><p>Here's how Nvidia and AMD stand to win as Groq, Cerebras Systems, and other AI start-ups join the race to capitalize on artificial intelligence.</p>
<div class="lb-trans"><p>以下是 Groq、Cerebras Systems 和其他 AI 初創公司如何在人工智能領域競爭中使英偉達和 AMD 受益。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzQwNTYvaGVhZHF1YXJ0ZXJzLXdpdGgtYW1kLWxvZ28tb24tdG9wLW9mLWJ1aWxkaW5nX2FtZF9hZHZhbmNlLmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F834056%2Fheadquarters-with-amd-logo-on-top-of-building_amd_advance.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: AMD.</p>
<div class="lb-trans"><p>圖片來源：AMD。</p>
</div><h2>Groq's challenge to Nvidia and AMD</h2>
<div class="lb-trans"><h2>Groq 對英偉達和 AMD 的挑戰</h2>
</div><p>Nvidia and AMD emerged as AI leaders by supplying graphics processing units (GPUs) to customers such as OpenAI. GPUs are crucial for powering the computational capabilities of AI systems, making them essential hardware for artificial intelligence.</p>
<div class="lb-trans"><p>英偉達和 AMD 通過向 OpenAI 等客户提供圖形處理單元（GPU）而成為 AI 領導者。GPU 對於推動 AI 系統的計算能力至關重要，使其成為人工智能的基本硬件。</p>
</div><p>Groq challenges Nvidia's and AMD's market dominance with its language processing unit (LPU). GPUs are effective for general AI computing and training. Groq's LPUs were designed specifically for AI inference, the process of analyzing data and drawing conclusions after an AI has been trained.</p>
<div class="lb-trans"><p>Groq 通過其語言處理單元（LPU）挑戰英偉達和 AMD 的市場主導地位。GPU 在一般 AI 計算和訓練中有效，而 Groq 的 LPU 則專門為 AI 推理設計，即在 AI 訓練後分析數據並得出結論的過程。</p>
</div><p>Because Groq's LPU focuses only on AI inference, the product delivers impressive speed and efficiency to the task. These capabilities have attracted customers.</p>
<div class="lb-trans"><p>由於 Groq 的 LPU 僅專注於 AI 推理，該產品在執行任務時提供了令人印象深刻的速度和效率。這些能力吸引了客户。</p>
</div><p>Today, companies focused on artificial intelligence, such as OpenAI, are aggressively pursuing better AI inference. Groq is benefiting from the trend, resulting in a $750 million fundraising round in September, which boosted its valuation to nearly $7 billion.</p>
<div class="lb-trans"><p>如今，專注於人工智能的公司，如 OpenAI，正在積極追求更好的 AI 推理。Groq 從這一趨勢中受益，導致其在 9 月進行了一輪 7.5 億美元的融資，使其估值接近 70 億美元。</p>
</div><h2>How Groq helps Nvidia and AMD</h2>
<div class="lb-trans"><h2>Groq 如何幫助英偉達和 AMD</h2>
</div><p>In what ways do Nvidia and AMD gain from Groq's success? As the old saying goes, a rising tide lifts all boats. The increase in chip demand specific to AI inference means Nvidia and AMD can sell more products.</p>
<div class="lb-trans"><p>英偉達和 AMD 如何從 Groq 的成功中獲益？正如古老的諺語所説，潮水上漲使所有船隻都浮起。針對 AI 推理的芯片需求增加意味着英偉達和 AMD 可以銷售更多產品。</p>
</div><p>For example, AMD adopted a multipronged approach by offering GPUs and neural processing units (NPUs) to AI customers. NPUs are processors engineered to emulate the human brain's processing capabilities.</p>
<div class="lb-trans"><p>例如，AMD 通過向 AI 客户提供 GPU 和神經處理單元（NPU）採取了多管齊下的方法。NPU 是旨在模擬人腦處理能力的處理器。</p>
</div><p>By providing various kinds of AI chips specialized for different tasks, Nvidia and AMD can drive up revenue. Their sales are poised to grow as the AI industry increasingly shifts from training AI models to inference.</p>
<div class="lb-trans"><p>通過提供各種專門用於不同任務的 AI 芯片，英偉達和 AMD 可以提高收入。隨着 AI 行業越來越多地從訓練 AI 模型轉向推理，它們的銷售有望增長。</p>
</div><p>That's already proving to be the case. In October, AMD signed a multiyear deal with OpenAI to deliver AI computing hardware. Describing the partnership and how it advances artificial intelligence, OpenAI's CEO, Sam Altman, stated, &#34;This partnership is a major step in building the compute capacity needed to realize AI's full potential.&#34;</p>
<div class="lb-trans"><p>這已經得到了證明。在 10 月，AMD 與 OpenAI 簽署了一項多年協議，提供 AI 計算硬件。OpenAI 的首席執行官 Sam Altman 描述了這一合作伙伴關係及其如何推動人工智能的發展，他表示：“這一合作伙伴關係是實現 AI 全部潛力所需計算能力的重要一步。”</p>
</div><p>Meanwhile, Nvidia made its own deal with OpenAI in September, and as part of that, will deliver millions of AI chips to the ChatGPT creator.</p>
<div class="lb-trans"><p>與此同時，英偉達在 9 月與 OpenAI 達成了自己的協議，作為協議的一部分，將向 ChatGPT 的創造者提供數百萬個 AI 芯片。</p>
</div><p>Additionally, Groq's success shows customer demand exists for alternatives to the market leader, Nvidia, which is estimated to control a dominating 94% market share. Groq's rise can loosen Nvidia's grip on AI chips as enterprises become more open to adopting non-Nvidia hardware.</p>
<div class="lb-trans"><p>此外，Groq 的成功表明，市場上存在對替代市場領導者英偉達的需求，後者估計控制着 94% 的市場份額。Groq 的崛起可以削弱英偉達在 AI 芯片上的控制力，因為企業變得更加開放於採用非英偉達硬件。</p>
</div><p>This creates an opportunity for AMD to strengthen its market position. But Nvidia benefits as well by reducing the chances of a federal antitrust investigation.</p>
<div class="lb-trans"><p>這為 AMD 創造了加強市場地位的機會。但英偉達也受益於降低了聯邦反壟斷調查的可能性。</p>
</div><p>That said, neither Nvidia nor AMD are at risk of losing serious market share to Groq at this time. Both have deep pockets to continue investing in cutting-edge AI tech, enabling them to ward off Groq's challenge.</p>
<div class="lb-trans"><p>也就是説，目前英偉達和 AMD 都沒有面臨失去嚴重市場份額給 Groq 的風險。兩者都有雄厚的資金繼續投資於尖端 AI 技術，使它們能夠抵禦 Groq 的挑戰。</p>
</div><h2>Does investing in Nvidia and AMD stock make sense?</h2>
<div class="lb-trans"><h2>投資英偉達和 AMD 股票是否明智？</h2>
</div><p>Groq's success signals the opportunity to invest in Nvidia and AMD is far from over. However, the growth the industry veterans can expect in the coming years has already pushed share prices skyward.</p>
<div class="lb-trans"><p>Groq 的成功表明，投資英偉達和 AMD 的機會遠未結束。然而，行業老將在未來幾年可以期待的增長已經推動了股價的飆升。</p>
</div><p>Nvidia's stock hit a record high on Oct. 9, exceeding $195, while AMD did the same with its share price surpassing $240 that day.</p>
<div class="lb-trans"><p>英偉達的股票在 10 月 9 日創下歷史新高，超過 195 美元，而 AMD 的股價在那天也超過了 240 美元。</p>
</div><p>Consequently, both stocks sport elevated share price valuations based on the forward price-to-earnings (P/E) ratio, which tells you how much investors are willing to pay for a dollar's worth of earnings based on estimates for the next 12 months.</p>
<div class="lb-trans"><p>因此，基於未來 12 個月的預期市盈率（P/E）比率，這兩隻股票的股價估值都很高，這表明投資者願意為一美元的收益支付的價格。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c1fc6b4ceee4823620dc2e363342e215.png" alt="" original-src="https://media.ycharts.com/charts/c1fc6b4ceee4823620dc2e363342e215.png"/></p>
<p>Data by YCharts.</p>
<div class="lb-trans"><p>數據來源：YCharts。</p>
</div><p>As the chart shows, AMD's announcement of a partnership with OpenAI caused the former's P/E multiple to soar, and it's now far above Nvidia's. As a result, Nvidia shares are the better value.</p>
<div class="lb-trans"><p>正如圖表所示，AMD 與 OpenAI 合作的公告導致其市盈率倍數飆升，現在遠高於英偉達。因此，英偉達的股票更具價值。</p>
</div><p>Its superior valuation makes Nvidia the stock to consider purchasing despite both it and AMD being poised to enjoy years of business growth from AI. That said, Nvidia shares aren't cheap either, so the prudent approach is to wait for the stock price to dip before deciding to buy.</p>
<div class="lb-trans"><p>其優越的估值使英偉達成為值得考慮購買的股票，儘管它和 AMD 都準備享受來自 AI 的多年業務增長。不過，英偉達的股票也並不便宜，因此明智的做法是在股價下跌後再決定是否購買。</p>
</div>

Nvidia and AMD Could Be the Biggest Winners as Start-Ups Like Groq Push AI Chip Demand Higher

- 人工智能行業正在變革，Groq 等新興公司推動市場需求增長。  
- Nvidia 和 AMD 通過多樣化產品線受益於 AI 推理需求的上升。  
- Groq 的成功為 AMD 提供了市場機會，同時也減輕了 Nvidia 的反壟斷壓力。

Motley Fool

英偉達

GraniteShares 2x Long AMD Daily ETF

2 倍做多英偉達 ETF - GraniteShares

隨着 Groq 等初創公司推動 AI 芯片需求的增加，NVIDIA 和 AMD 可能成為最大的贏家