<p>半導體分析師表示，人工智能支出熱潮持續重塑芯片行業，推動內存、網絡、電源半導體和人工智能基礎設施公司的長期需求。</p>
<p><strong>PHLX 半導體指數</strong> 年初至今上漲了 60%，過去 12 個月上漲超過 131%。</p>
<h2>Seaport Research 表示人工智能需求正在影響芯片行業</h2>
<p><strong>Seaport Research Partners</strong> 的分析師 Jay Goldberg 在週六對 CNBC 表示，人工智能需求是正在半導體行業傳播的主要力量，最初使 <strong>NVIDIA Corp</strong> (NASDAQ: NVDA) 和 <strong>Broadcom Inc</strong> (NASDAQ: AVGO) 受益，隨後擴展到網絡、內存和半導體設備股票。</p>
<p>Goldberg 表示，人工智能驅動的需求正在從根本上改變行業的某些部分，特別是內存市場，企業現在正在獲得歷史上難以獲得的長期供應合同。</p>
<p>儘管對長期人工智能週期持樂觀態度，Goldberg 警告稱，半導體股票可能會面臨週期性的回調，因為市場目前對乘坐人工智能浪潮的公司期望近乎完美的執行。</p>
<p>他還指出，<strong>ON Semiconductor Corp</strong> (NASDAQ: ON)、<strong>Texas Instruments Inc</strong> (NASDAQ: TXN)、<strong>Analog Devices, Inc</strong> (NASDAQ: ADI) 和 <strong>Infineon Technologies AG</strong> (OTC: IFNNY) 等電源半導體公司是擴展人工智能基礎設施需求的下一個可能受益者，尤其是數據中心向更高電壓電源架構遷移時。</p>
<p>Goldberg 補充説，包括 <strong>Samsung Electronics Co. Ltd</strong> (OTC: SSNLF) 的潛在勞工罷工在內的供應中斷，可能進一步收緊內存市場。然而，現有的長期合同可能會減輕短期短缺的影響。</p>
<h2>Melius Research 表示人工智能熱潮仍有增長空間</h2>
<p><strong>Melius Research</strong> 技術研究負責人 Ben Reitzes 在週一對 CNBC 表示，半導體的反彈仍有進一步上升空間，因為超大規模企業繼續將運營現金流投入人工智能基礎設施投資。</p>
<p>Reitzes 表示，與 <strong>OpenAI</strong>、<strong>Alphabet Inc.</strong> (NASDAQ: GOOGL) <strong>Google</strong> 及其他人工智能領導者相關的創新正在加速收入增長，並推動半導體生態系統內的額外資本支出。</p>
<p>他認為，人工智能基礎設施需求依然強勁，因為高利潤的科技公司大多數投資是內部融資，而不是過度依賴外部融資。</p>
<p>Reitzes 還強調了與台灣及半導體供應鏈相關的地緣政治風險，表示美國仍需加速國內芯片製造投資。</p>
<p>他將當前環境描述為對 <strong>Intel Corp</strong> (NASDAQ: INTC) 及其他非 <strong>台灣半導體制造公司</strong> (NYSE: TSM) 的看漲。</p>
<p>在芯片股票中，Reitzes 將內存公司 <strong>Micron Technology Inc</strong> (NASDAQ: MU) 和 <strong>SanDisk Corp</strong> (NASDAQ: SNDK) 視為有吸引力的長期機會，因為內存已成為人工智能基礎設施中的關鍵瓶頸。</p>
<p>他説，長期供應協議可能使內存收益更加可預測，並可能支持更高的估值倍數。</p>
<p><strong>價格動態：</strong> 在週三的盤前交易中，NVIDIA 的股價上漲了 1.71%，至 224.38 美元，Broadcom 的股價上漲了 1.09%，至 415.56 美元，SanDisk 的股價上漲了 2.15%，至 1413.00 美元，Intel 的股價上漲了 4.15%，至 115.40 美元，Micron Technology 的股價上漲了 4.04%，至 727.00 美元， 根據 Benzinga Pro 數據。</p>
<p><em>圖片來源於 Shutterstock</em></p>

英偉達

美光科技

閃迪

<p>人工智能支出熱潮正在重塑半導體行業，推動對存儲、網絡和電源芯片的需求。分析師預測將持續增長，像英偉達和博通這樣的公司將最初受益。然而，潛在的供應中斷和市場預期可能導致回調。存儲市場的長期合同可能會緩解短期短缺。分析師還強調了地緣政治風險以及增加國內芯片製造的必要性。美光科技和閃迪等股票因其在人工智能基礎設施中的關鍵角色被視為有吸引力的長期投資</p>

<p>Semiconductor analysts said the artificial intelligence spending boom continues to reshape the chip industry, driving long-term demand across memory, networking, power semiconductors, and AI infrastructure companies.</p>
<div class="lb-trans"><p>半導體分析師表示，人工智能支出熱潮持續重塑芯片行業，推動內存、網絡、電源半導體和人工智能基礎設施公司的長期需求。</p>
</div><p>The <strong>PHLX Semiconductor Index</strong> has gained 60% year-to-date and over 131% in the last 12 months.</p>
<div class="lb-trans"><p><strong>PHLX 半導體指數</strong> 年初至今上漲了 60%，過去 12 個月上漲超過 131%。</p>
</div><h2>Seaport Research Says AI Demand Is Rippling Across Chips</h2>
<div class="lb-trans"><h2>Seaport Research 表示人工智能需求正在影響芯片行業</h2>
</div><p><strong>Seaport Research Partners</strong> analyst Jay Goldberg told CNBC on Saturday that AI demand is a major force spreading through the semiconductor industry, initially benefiting <strong>NVIDIA Corp</strong>. (NASDAQ: NVDA) and <strong>Broadcom Inc</strong>. (NASDAQ: AVGO) before expanding into networking, memory, and semiconductor equipment stocks.</p>
<div class="lb-trans"><p><strong>Seaport Research Partners</strong> 的分析師 Jay Goldberg 在週六對 CNBC 表示，人工智能需求是正在半導體行業傳播的主要力量，最初使 <strong>NVIDIA Corp</strong> (NASDAQ: NVDA) 和 <strong>Broadcom Inc</strong> (NASDAQ: AVGO) 受益，隨後擴展到網絡、內存和半導體設備股票。</p>
</div><p>Goldberg said AI-driven demand is fundamentally changing parts of the industry, particularly the memory markets, where companies are now securing long-term supply contracts that were historically difficult to obtain.</p>
<div class="lb-trans"><p>Goldberg 表示，人工智能驅動的需求正在從根本上改變行業的某些部分，特別是內存市場，企業現在正在獲得歷史上難以獲得的長期供應合同。</p>
</div><p>While remaining positive on the long-term AI cycle, Goldberg warned that semiconductor stocks may face periodic pullbacks because markets currently expect near-perfect execution from companies riding the AI wave.</p>
<div class="lb-trans"><p>儘管對長期人工智能週期持樂觀態度，Goldberg 警告稱，半導體股票可能會面臨週期性的回調，因為市場目前對乘坐人工智能浪潮的公司期望近乎完美的執行。</p>
</div><p>He also identified power semiconductor companies such as <strong>ON Semiconductor Corp</strong>. (NASDAQ: ON), <strong>Texas Instruments Inc</strong>. (NASDAQ: TXN), <strong>Analog Devices, Inc</strong>. (NASDAQ: ADI), and <strong>Infineon Technologies AG</strong> (OTC: IFNNY) as the next likely beneficiaries of expanding AI infrastructure demand, especially as data centers migrate toward higher-voltage power architectures.</p>
<div class="lb-trans"><p>他還指出，<strong>ON Semiconductor Corp</strong> (NASDAQ: ON)、<strong>Texas Instruments Inc</strong> (NASDAQ: TXN)、<strong>Analog Devices, Inc</strong> (NASDAQ: ADI) 和 <strong>Infineon Technologies AG</strong> (OTC: IFNNY) 等電源半導體公司是擴展人工智能基礎設施需求的下一個可能受益者，尤其是數據中心向更高電壓電源架構遷移時。</p>
</div><p>Goldberg added that supply disruptions, including a potential labor strike at <strong>Samsung Electronics Co. Ltd</strong>. (OTC: SSNLF), could further tighten the memory market. However, existing long-term contracts may soften the impact of short-term shortages.</p>
<div class="lb-trans"><p>Goldberg 補充説，包括 <strong>Samsung Electronics Co. Ltd</strong> (OTC: SSNLF) 的潛在勞工罷工在內的供應中斷，可能進一步收緊內存市場。然而，現有的長期合同可能會減輕短期短缺的影響。</p>
</div><h2>Melius Research Says AI Boom Still Has Room To Run</h2>
<div class="lb-trans"><h2>Melius Research 表示人工智能熱潮仍有增長空間</h2>
</div><p><strong>Melius Research</strong> head of technology research Ben Reitzes told CNBC on Monday that the semiconductor rally still has further upside because hyperscalers continue funneling operating cash flow into AI infrastructure investments.</p>
<div class="lb-trans"><p><strong>Melius Research</strong> 技術研究負責人 Ben Reitzes 在週一對 CNBC 表示，半導體的反彈仍有進一步上升空間，因為超大規模企業繼續將運營現金流投入人工智能基礎設施投資。</p>
</div><p>Reitzes said innovations tied to <strong>OpenAI</strong>, <strong>Alphabet Inc.</strong> (NASDAQ: GOOGL) <strong>Google</strong>, and other AI leaders are accelerating revenue growth and driving additional capital spending across the semiconductor ecosystem.</p>
<div class="lb-trans"><p>Reitzes 表示，與 <strong>OpenAI</strong>、<strong>Alphabet Inc.</strong> (NASDAQ: GOOGL) <strong>Google</strong> 及其他人工智能領導者相關的創新正在加速收入增長，並推動半導體生態系統內的額外資本支出。</p>
</div><p>He argued that AI infrastructure demand remains strong because highly profitable technology companies are funding most investments internally rather than relying heavily on external financing.</p>
<div class="lb-trans"><p>他認為，人工智能基礎設施需求依然強勁，因為高利潤的科技公司大多數投資是內部融資，而不是過度依賴外部融資。</p>
</div><p>Reitzes also highlighted geopolitical risks tied to Taiwan and semiconductor supply chains, saying the U.S. still needs to accelerate domestic chip manufacturing investments.</p>
<div class="lb-trans"><p>Reitzes 還強調了與台灣及半導體供應鏈相關的地緣政治風險，表示美國仍需加速國內芯片製造投資。</p>
</div><p>He described the environment as bullish for <strong>Intel Corp</strong>. (NASDAQ: INTC) and other foundries outside <strong>Taiwan Semiconductor Manufacturing Co. Ltd</strong>. (NYSE: TSM).</p>
<div class="lb-trans"><p>他將當前環境描述為對 <strong>Intel Corp</strong> (NASDAQ: INTC) 及其他非 <strong>台灣半導體制造公司</strong> (NYSE: TSM) 的看漲。</p>
</div><p>Among chip stocks, Reitzes identified memory companies <strong>Micron Technology Inc</strong>. (NASDAQ: MU) and <strong>SanDisk Corp</strong>. (NASDAQ: SNDK) as attractive long-term opportunities because memory has become a critical bottleneck in AI infrastructure.</p>
<div class="lb-trans"><p>在芯片股票中，Reitzes 將內存公司 <strong>Micron Technology Inc</strong> (NASDAQ: MU) 和 <strong>SanDisk Corp</strong> (NASDAQ: SNDK) 視為有吸引力的長期機會，因為內存已成為人工智能基礎設施中的關鍵瓶頸。</p>
</div><p>He said long-term supply agreements could make memory earnings more predictable and potentially support higher valuation multiples over time.</p>
<div class="lb-trans"><p>他説，長期供應協議可能使內存收益更加可預測，並可能支持更高的估值倍數。</p>
</div><p><strong>Price Action:</strong> NVIDIA shares were up 1.71% at $224.38, Broadcom shares were up 1.09% at $415.56, SanDisk shares were up 2.15% at $1413.00, Intel shares were up 4.15% at $115.40 and Micron Technology shares were up 4.04% at $727.00 during premarket trading on Wednesday, according to Benzinga Pro data.</p>
<div class="lb-trans"><p><strong>價格動態：</strong> 在週三的盤前交易中，NVIDIA 的股價上漲了 1.71%，至 224.38 美元，Broadcom 的股價上漲了 1.09%，至 415.56 美元，SanDisk 的股價上漲了 2.15%，至 1413.00 美元，Intel 的股價上漲了 4.15%，至 115.40 美元，Micron Technology 的股價上漲了 4.04%，至 727.00 美元， 根據 Benzinga Pro 數據。</p>
</div><p><em>Image via Shutterstock</em></p>
<div class="lb-trans"><p><em>圖片來源於 Shutterstock</em></p>
</div>

NVIDIA Started The AI Rally — Now Memory And Power Chip Stocks Are Stealing The Spotlight

- 半導體分析師表示，人工智能支出熱潮正在重塑芯片行業。
- PHLX 半導體指數年初至今上漲 60%，過去 12 個月上漲 131%。
- 分析師警示，儘管看好長期 AI 需求，短期內可能面臨市場回調。

benzinga_article

動態半導體 ETF - Invesco

2 倍做多 AVGO ETF - Defiance

費城交易所 半導體 ETF - iShares

2 倍做多 NVDA ETF - T-Rex

英偉達期權收益策略 ETF - YieldMax

納斯達克半導體 ETF - First Trust

標普半導體 ETF - SPDR

Roundhill Memory ETF

2 倍做多 AVGO ETF - Direxion

2 倍做多英偉達 ETF - GraniteShares

半導體 ETF - VanEck Vectors

半導體 3 倍做多 - Direxion

Leverage Shares 2X Long AVGO Daily ETF

Roundhill AVGO WeeklyPay ETF

Invesco PHLX Semiconductor ETF

GraniteShares 2x Long AVGO Daily ETF

2 倍做多英偉達 ETF - Direxion

博通

安森美半導體

德州儀器

亞德諾

英飛凌(ADR)

英飛凌

三星電子

谷歌-A

谷歌-C

英特爾

台積電

NVIDIA Corporation

Samsung Electronics Co., Ltd. Sponsored GDR

Sandisk - WI

英偉達開啓了人工智能的熱潮——如今內存和電源芯片股票正在成為關注的焦點