<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/05/image-68-1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1152" height="720" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/05/image-68-1.png"/></p>
<p>美國股市在週五展現出韌性，英偉達及其他以人工智能為重點的半導體公司推動了科技股的反彈，使納斯達克綜合指數上漲，同時標準普爾 500 指數和道瓊斯工業平均指數也有所上升。</p>
<p>這一反彈是在美光科技發佈強勁財報和樂觀指引後發生的，重燃了市場對人工智能基礎設施支出仍然強勁的信心，儘管近期市場波動加劇。</p>
<p>在經歷了一週的動盪後，投資者重新迴歸成長股，納斯達克在週四強勁漲幅的基礎上繼續上漲，逼近近期的月度高點。</p>
<h2>英偉達主導的人工智能反彈推動納斯達克表現優異</h2>
<p>英偉達成為週五市場情緒的最大推動者，股價上漲 3.37% 至 180 美元，伯恩斯坦研究發佈的樂觀分析強調該芯片巨頭的估值在歷史上具有吸引力，前瞻市盈率為 25 倍，處於其 10 年區間的第 11 百分位。</p>
<p>這一升級突顯了對人工智能基礎設施支出預測的重新信心，分析師預計到 2030 年，累計需求將達到 3 萬億至 4 萬億美元。</p>
<p>超微半導體與英偉達一起上漲 5.37%，而更廣泛的費城半導體指數也隨之上漲，受益於美光關於高帶寬內存供應緊張的消息，該供應將持續到 2026 年。</p>
<p>納斯達克綜合指數在開盤時上漲約 0.6%，到中午時上漲約 1%，顯著超過標準普爾 500 指數的約 0.5% 和道瓊斯工業平均指數的 0.3% 漲幅。</p>
<p>交易量保持健康，投資者消化了積極的人工智能催化劑以及週四發佈的温和通脹數據的影響。</p>
<p>納斯達克現在已經連續兩個交易日上漲超過 1%，這是自 2025 年 4 月以來最長的此類波動。</p>
<h2>宏觀動態：交易者接下來關注什麼</h2>
<p>債券市場為股市反彈提供了複雜的背景。</p>
<p>10 年期美國國債收益率在 4.15% 左右保持穩定，此前在週四日本央行將利率提高至 2023 年 5 月以來的最高水平時曾激增。</p>
<p>這一國際貨幣政策的轉變最初讓全球股市感到不安，但隨着市場消化對美國利率預期的影響，情況已經穩定。</p>
<p>美聯儲在 12 月的降息，將聯邦基金利率降至 3.5% 至 3.75%，仍然是最近的政策行動，交易者現在關注中央銀行是否會在 2026 年暫停降息，考慮到持續的通脹擔憂。</p>
<p>企業盈利繼續推動市場情緒的變化。</p>
<p>耐克在公佈其中國市場持續疲軟後股價暴跌，儘管其收入超過華爾街預期，這突顯了大型跨國公司在地緣政治壓力下維持利潤率的困難。</p>
<p>相反，甲骨文在中國字節跳動達成建立 TikTok 合資企業的消息後上漲，表明可能會緩解對美國科技股施加壓力的監管不確定性。</p>
<p>市場策略師指出，這一反彈似乎是由月末佈局前的戰術性回補和對半導體及雲計算股票的重新信心共同驅動的。</p>
<p>期權市場顯示出活躍的交易活動，交易者押注英偉達可能突破技術阻力位，180 美元至 182.50 美元的看漲期權吸引了大量交易量。</p>
<p>交易者將關注下週初即將發佈的 12 月就業數據和零售銷售數據，這將為消費者健康和工資增長提供重要信號，這些都是美聯儲在 2026 年政策的關鍵變量。</p>
<p>月末投資組合再平衡和期權到期可能會在年末最後幾個交易日放大波動性。</p>
<p>美國午盤市場簡報：隨着英偉達推動人工智能交易，納斯達克領漲的股票上漲，首次出現在 Invezz 上。</p>

英偉達

<p>美國股市在週五上漲，以英偉達和專注於人工智能的半導體公司為主，推動納斯達克綜合指數上漲。美光科技強勁的財報和指引增強了對人工智能基礎設施支出的信心。英偉達在一份樂觀分析後上漲了 3.37%，而 AMD 上漲了 5.37%。到中午時分，納斯達克上漲了 1%，表現優於標準普爾 500 指數和道瓊斯指數。債券市場保持穩定，交易員們正在關注即將公佈的就業數據和零售銷售數據，以尋找美聯儲政策信號</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/05/image-68-1.png" alt="" original-src="https://invezz.com/wp-content/uploads/2025/05/image-68-1.png"/></p>
<p>US stocks displayed resilience on Friday as Nvidia and other AI-focused semiconductor names powered a tech-led rebound, sending the Nasdaq Composite higher while the S&amp;P 500 and Dow Jones also advanced.</p>
<div class="lb-trans"><p>美國股市在週五展現出韌性，英偉達及其他以人工智能為重點的半導體公司推動了科技股的反彈，使納斯達克綜合指數上漲，同時標準普爾 500 指數和道瓊斯工業平均指數也有所上升。</p>
</div><p>The rally came after Micron Technology’s blowout earnings and upbeat guidance reignited confidence that artificial intelligence infrastructure spending remains robust despite recent market volatility.</p>
<div class="lb-trans"><p>這一反彈是在美光科技發佈強勁財報和樂觀指引後發生的，重燃了市場對人工智能基礎設施支出仍然強勁的信心，儘管近期市場波動加劇。</p>
</div><p>Investors rotated back into growth stocks after a turbulent week, with the Nasdaq building on Thursday’s strong gains and pushing within striking distance of recent monthly highs.</p>
<div class="lb-trans"><p>在經歷了一週的動盪後，投資者重新迴歸成長股，納斯達克在週四強勁漲幅的基礎上繼續上漲，逼近近期的月度高點。</p>
</div><h2>Nvidia-led AI rally fuels Nasdaq outperformance</h2>
<div class="lb-trans"><h2>英偉達主導的人工智能反彈推動納斯達克表現優異</h2>
</div><p>Nvidia emerged as Friday’s biggest driver of market sentiment, surging 3.37% to $180 as Bernstein Research released a bullish analysis highlighting the chip giant’s valuation as historically attractive at 25 times forward earnings, placing it in the 11th percentile of its 10-year range.</p>
<div class="lb-trans"><p>英偉達成為週五市場情緒的最大推動者，股價上漲 3.37% 至 180 美元，伯恩斯坦研究發佈的樂觀分析強調該芯片巨頭的估值在歷史上具有吸引力，前瞻市盈率為 25 倍，處於其 10 年區間的第 11 百分位。</p>
</div><p>The upgrade underscored renewed confidence in AI infrastructure spending projections, with analysts projecting cumulative demand reaching $3 to $4 trillion by 2030.</p>
<div class="lb-trans"><p>這一升級突顯了對人工智能基礎設施支出預測的重新信心，分析師預計到 2030 年，累計需求將達到 3 萬億至 4 萬億美元。</p>
</div><p>Advanced Micro Devices climbed 5.37% alongside Nvidia, while the broader Philadelphia Semiconductor Index joined the advance, capitalizing on Micron’s messaging about a tight high-bandwidth memory supply extending through 2026.</p>
<div class="lb-trans"><p>超微半導體與英偉達一起上漲 5.37%，而更廣泛的費城半導體指數也隨之上漲，受益於美光關於高帶寬內存供應緊張的消息，該供應將持續到 2026 年。</p>
</div><p>The Nasdaq Composite rose approximately 0.6% at the opening and gained roughly 1% by midday, significantly outpacing the S&amp;P 500, which advanced about 0.5%, and the Dow Jones Industrial Average, which climbed 0.3%.</p>
<div class="lb-trans"><p>納斯達克綜合指數在開盤時上漲約 0.6%，到中午時上漲約 1%，顯著超過標準普爾 500 指數的約 0.5% 和道瓊斯工業平均指數的 0.3% 漲幅。</p>
</div><p>Trading volume remained healthy as investors digested both positive AI catalysts and the implications of softer inflation data released Thursday.</p>
<div class="lb-trans"><p>交易量保持健康，投資者消化了積極的人工智能催化劑以及週四發佈的温和通脹數據的影響。</p>
</div><p>The Nasdaq has now completed back-to-back days of gains exceeding 1 percent, marking its longest streak of such volatility since April 2025.</p>
<div class="lb-trans"><p>納斯達克現在已經連續兩個交易日上漲超過 1%，這是自 2025 年 4 月以來最長的此類波動。</p>
</div><h2>Macro Movers: What traders are watching next</h2>
<div class="lb-trans"><h2>宏觀動態：交易者接下來關注什麼</h2>
</div><p>Bond markets provided a nuanced backdrop for the equity rebound.</p>
<div class="lb-trans"><p>債券市場為股市反彈提供了複雜的背景。</p>
</div><p>The 10-year Treasury yield held steady near 4.15% after spiking on Thursday when the Bank of Japan raised interest rates to their highest level since May 2023.</p>
<div class="lb-trans"><p>10 年期美國國債收益率在 4.15% 左右保持穩定，此前在週四日本央行將利率提高至 2023 年 5 月以來的最高水平時曾激增。</p>
</div><p>That international monetary policy shift initially unsettled global equities but has since stabilized as markets digest the implications for US rate expectations.</p>
<div class="lb-trans"><p>這一國際貨幣政策的轉變最初讓全球股市感到不安，但隨着市場消化對美國利率預期的影響，情況已經穩定。</p>
</div><p>The Federal Reserve’s December rate cut, reducing the fed funds rate to 3.5 to 3.75%, remains the most recent policy action, and traders are now focused on whether the central bank will pause cuts in 2026, given persistent inflation concerns.</p>
<div class="lb-trans"><p>美聯儲在 12 月的降息，將聯邦基金利率降至 3.5% 至 3.75%，仍然是最近的政策行動，交易者現在關注中央銀行是否會在 2026 年暫停降息，考慮到持續的通脹擔憂。</p>
</div><p>Corporate earnings continued to drive sentiment shifts.</p>
<div class="lb-trans"><p>企業盈利繼續推動市場情緒的變化。</p>
</div><p>Nike plummeted after revealing ongoing weakness in its Chinese market despite revenue that exceeded Wall Street forecasts, highlighting the difficulty large multinationals face in sustaining margins amid geopolitical pressures.</p>
<div class="lb-trans"><p>耐克在公佈其中國市場持續疲軟後股價暴跌，儘管其收入超過華爾街預期，這突顯了大型跨國公司在地緣政治壓力下維持利潤率的困難。</p>
</div><p>Conversely, Oracle gained after news that China’s ByteDance reached agreements to establish a TikTok joint venture, signaling potential easing of regulatory uncertainty that has weighed on US tech stocks.</p>
<div class="lb-trans"><p>相反，甲骨文在中國字節跳動達成建立 TikTok 合資企業的消息後上漲，表明可能會緩解對美國科技股施加壓力的監管不確定性。</p>
</div><p>Market strategists noted that the rally appeared driven by both tactical short-covering ahead of month-end positioning and renewed genuine conviction in semiconductor and cloud stocks.</p>
<div class="lb-trans"><p>市場策略師指出，這一反彈似乎是由月末佈局前的戰術性回補和對半導體及雲計算股票的重新信心共同驅動的。</p>
</div><p>Options markets showed elevated activity as traders bet on potential breakouts above technical resistance levels in Nvidia, with call options on $180 to $182.50 strikes attracting significant volume.</p>
<div class="lb-trans"><p>期權市場顯示出活躍的交易活動，交易者押注英偉達可能突破技術阻力位，180 美元至 182.50 美元的看漲期權吸引了大量交易量。</p>
</div><p>Traders will focus on December’s payrolls and retail sales data due early next week, which will provide crucial signals about consumer health and wage growth, key variables for Fed policy in 2026.</p>
<div class="lb-trans"><p>交易者將關注下週初即將發佈的 12 月就業數據和零售銷售數據，這將為消費者健康和工資增長提供重要信號，這些都是美聯儲在 2026 年政策的關鍵變量。</p>
</div><p>Month-end portfolio rebalancing and options expiry could amplify volatility in the final trading sessions before the year closes.</p>
<div class="lb-trans"><p>月末投資組合再平衡和期權到期可能會在年末最後幾個交易日放大波動性。</p>
</div><p>The post US midday market brief: stocks rise as Nvidia lifts AI trade, Nasdaq leads gains appeared first on Invezz</p>
<div class="lb-trans"><p>美國午盤市場簡報：隨着英偉達推動人工智能交易，納斯達克領漲的股票上漲，首次出現在 Invezz 上。</p>
</div>

US midday market brief: stocks rise as Nvidia lifts AI trade, Nasdaq leads gains

- 美國股票市場因 Nvidia 和其他 AI 半導體公司反彈而上漲。  
- Micron 提高的收益預期重燃投資者信心，推動納斯達克指數走高。  
- 投資者轉向成長股，納斯達克連續兩天漲幅超過 1%。

美國午間市場簡報：英偉達推動 AI 交易，股市上漲，納斯達克領漲