<p>英特爾公司和超威半導體的股票在週五繼續下跌，因為半導體股票的急劇拋售加速，投資者繼續對博通低於預期的人工智能前景做出反應。</p>
<p>這一廣泛的回撤發生在博通的第二財季財報發佈之後，該財報雖然超出了表面預期，但未能滿足市場對人工智能相關增長的高期望。</p>
<p>這一失望導致芯片製造商連續第二天出現虧損，這些公司在最近幾個月幫助推動美國股市創下歷史新高。</p>
<p>英特爾的股票在交易中下跌了 8%，觸及日內低點 101.55 美元，撰寫時交易價格為 102.48 美元。</p>
<p>超威的股票也下跌了約 8%，加大了半導體行業的壓力。</p>
<p><strong>博通前景動搖半導體行業</strong></p>
<p>此次拋售的催化劑是博通對第三季度人工智能半導體收入的指引，預計約為 160 億美元，低於分析師預期的約 172 億美元。</p>
<p>該公司還拒絕提高其全年人工智能芯片收入的預期。</p>
<p>博通的股票在週五下跌超過 5%，此前一交易日下跌了 13%。</p>
<p>根據道瓊斯市場數據，週四的下跌抹去了約 2860 億美元的市場價值，標誌着美國上市公司有史以來第四大單日估值損失。</p>
<p>這種疲軟迅速蔓延至整個半導體行業。</p>
<p>美光科技、高通、Arm Holdings 和 Marvell Technology 的股票也下跌，因為投資者質疑人工智能推動的芯片股票反彈是否能夠維持其勢頭。</p>
<p>博通的財報電話會議也加劇了投資者的擔憂，首席執行官霍克·譚表示，主要定製芯片客户谷歌可能會多元化其供應鏈。</p>
<p><strong>英特爾面臨估值擔憂</strong></p>
<p>儘管整個行業的下滑對英特爾造成了壓力，但該股也受到近期分析師下調評級的影響。</p>
<p>Northland Capital Markets 將英特爾的評級從 “跑贏大盤” 下調至 “市場表現”，分析師古斯·理查德認為，該股在過去一年中近 500% 的反彈已經反映了預期的運營復甦。</p>
<p>該分析師還表示，超大規模數據中心的支出可能在 2027 年開始放緩，這為半導體需求帶來了額外的不確定性。</p>
<p>博通謹慎的人工智能前景和持續的估值擔憂的結合，使得英特爾在週五的風險規避交易中尤其脆弱。</p>
<p><strong>儘管長期勢頭強勁，AMD 仍受壓</strong></p>
<p>隨着投資者從高增長的人工智能股票中輪換，超威也受到壓力。</p>
<p>研究公司 Zacks 最近將該股評級從 “強力買入” 下調至 “持有”，理由是其市盈率約為 173 倍，且股價已遠高於平均分析師目標。</p>
<p>投資者情緒進一步受到近期拋售活動的壓制。</p>
<p>ARK Invest 在 6 月 3 日將其在超威的持倉減少了約 3900 萬美元，而過去三個月的內部銷售總額超過了 1.22 億美元。</p>
<p>儘管近期回調，超威的股票今年仍上漲約 116%，儘管該股繼續低於其最近的 52 周高點。</p>

博通 Q2 財報出爐：AI 芯片營收 108 億美元、同比 +143%，總營收 222 億、Non-GAAP EPS 2.44 美元小幅超預期，Q3 指引 294 億（同比 +84%），FY2027 AI 芯片收入目標更直接喊到 1000 億美元以上——結果盤後跌了 13%。你怎麼看這次的市場反應？

<p>博通 Q2 財報出爐：AI 芯片營收 108 億美元、同比 +143%，總營收 222 億、Non-GAAP EPS 2.44 美元小幅超預期，Q3 指引 294 億（同比 +84%），FY2027 AI 芯片收入目標更直接喊到 1000 億美元以上——結果盤後跌了 13%。你怎麼看這次的市場反應？</p>

108 億 AI 芯片炸場，博通還能繼續衝嗎？

美光科技

英特爾

高通

<p>英特爾和 AMD 的股票在週五下跌了約 8%，在博通的 AI 收入前景低於預期後，半導體行業的損失進一步擴大。博通的指引未能達到分析師的預期，導致市場大幅拋售，影響了美光、 Qualcomm 等公司。英特爾因分析師下調評級而面臨額外壓力，原因是對估值的擔憂，而儘管 AMD 長期動能強勁，但也受到獲利了結和下調評級的影響</p>

<p>Shares of Intel Corp. and Advanced Micro Devices extended their declines on Friday as a sharp selloff across semiconductor stocks gathered pace, with investors continuing to react to Broadcom's weaker-than-expected artificial intelligence outlook.</p>
<div class="lb-trans"><p>英特爾公司和超威半導體的股票在週五繼續下跌，因為半導體股票的急劇拋售加速，投資者繼續對博通低於預期的人工智能前景做出反應。</p>
</div><p>The broad-based retreat came after Broadcom's fiscal second-quarter earnings report, which beat headline expectations but failed to meet the market's lofty hopes for AI-related growth.</p>
<div class="lb-trans"><p>這一廣泛的回撤發生在博通的第二財季財報發佈之後，該財報雖然超出了表面預期，但未能滿足市場對人工智能相關增長的高期望。</p>
</div><p>The disappointment sparked a second consecutive day of losses for chipmakers that have helped drive US equities to record highs in recent months.</p>
<div class="lb-trans"><p>這一失望導致芯片製造商連續第二天出現虧損，這些公司在最近幾個月幫助推動美國股市創下歷史新高。</p>
</div><p>INTC shares fell 8% in trading, touching an intraday low of $101.55, trading at $102.48 at the time of writing.</p>
<div class="lb-trans"><p>英特爾的股票在交易中下跌了 8%，觸及日內低點 101.55 美元，撰寫時交易價格為 102.48 美元。</p>
</div><p>AMD also declined about 8%, adding to pressure across the semiconductor sector.</p>
<div class="lb-trans"><p>超威的股票也下跌了約 8%，加大了半導體行業的壓力。</p>
</div><p><strong>Broadcom outlook rattles semiconductor sector</strong></p>
<div class="lb-trans"><p><strong>博通前景動搖半導體行業</strong></p>
</div><p>The catalyst for the latest selloff was Broadcom's guidance for third-quarter AI semiconductor revenue of roughly $16 billion, below analyst expectations of approximately $17.2 billion.</p>
<div class="lb-trans"><p>此次拋售的催化劑是博通對第三季度人工智能半導體收入的指引，預計約為 160 億美元，低於分析師預期的約 172 億美元。</p>
</div><p>The company also declined to raise its full-year AI chip revenue outlook.</p>
<div class="lb-trans"><p>該公司還拒絕提高其全年人工智能芯片收入的預期。</p>
</div><p>Broadcom shares dropped more than 5% on Friday after plunging 13% in the previous session.</p>
<div class="lb-trans"><p>博通的股票在週五下跌超過 5%，此前一交易日下跌了 13%。</p>
</div><p>According to Dow Jones Market Data, Thursday's decline erased approximately $286 billion in market value, marking the fourth-largest one-day valuation loss ever recorded by a US-listed company.</p>
<div class="lb-trans"><p>根據道瓊斯市場數據，週四的下跌抹去了約 2860 億美元的市場價值，標誌着美國上市公司有史以來第四大單日估值損失。</p>
</div><p>The weakness quickly spread throughout the semiconductor industry.</p>
<div class="lb-trans"><p>這種疲軟迅速蔓延至整個半導體行業。</p>
</div><p>Micron Technology, Qualcomm, Arm Holdings, and Marvell Technology also moved lower as investors questioned whether the AI-fueled rally in chip stocks could sustain its momentum.</p>
<div class="lb-trans"><p>美光科技、高通、Arm Holdings 和 Marvell Technology 的股票也下跌，因為投資者質疑人工智能推動的芯片股票反彈是否能夠維持其勢頭。</p>
</div><p>Broadcom's earnings call also added to investor concerns after Chief Executive Officer Hock Tan said that major custom-chip customer Google was likely to diversify its supply chain.</p>
<div class="lb-trans"><p>博通的財報電話會議也加劇了投資者的擔憂，首席執行官霍克·譚表示，主要定製芯片客户谷歌可能會多元化其供應鏈。</p>
</div><p><strong>Intel faces valuation concerns</strong></p>
<div class="lb-trans"><p><strong>英特爾面臨估值擔憂</strong></p>
</div><p>While the broader sector downturn weighed on Intel, the stock also faced pressure from a recent analyst downgrade.</p>
<div class="lb-trans"><p>儘管整個行業的下滑對英特爾造成了壓力，但該股也受到近期分析師下調評級的影響。</p>
</div><p>Northland Capital Markets lowered its rating on Intel to Market Perform from Outperform, with analyst Gus Richard arguing that the stock's nearly 500% rally over the past year had already reflected much of the expected operational recovery.</p>
<div class="lb-trans"><p>Northland Capital Markets 將英特爾的評級從 “跑贏大盤” 下調至 “市場表現”，分析師古斯·理查德認為，該股在過去一年中近 500% 的反彈已經反映了預期的運營復甦。</p>
</div><p>The analyst also expressed caution that hyperscale data center spending could begin to slow in 2027, creating additional uncertainty for semiconductor demand.</p>
<div class="lb-trans"><p>該分析師還表示，超大規模數據中心的支出可能在 2027 年開始放緩，這為半導體需求帶來了額外的不確定性。</p>
</div><p>The combination of Broadcom's cautious AI outlook and ongoing valuation concerns left Intel particularly exposed during Friday's risk-off trading session.</p>
<div class="lb-trans"><p>博通謹慎的人工智能前景和持續的估值擔憂的結合，使得英特爾在週五的風險規避交易中尤其脆弱。</p>
</div><p><strong>AMD hit despite strong long-term momentum</strong></p>
<div class="lb-trans"><p><strong>儘管長期勢頭強勁，AMD 仍受壓</strong></p>
</div><p>AMD also came under pressure as investors rotated out of high-growth AI names.</p>
<div class="lb-trans"><p>隨着投資者從高增長的人工智能股票中輪換，超威也受到壓力。</p>
</div><p>Research firm Zacks recently downgraded the stock from &#34;strong buy&#34; to &#34;hold,&#34; citing a price-to-earnings ratio of roughly 173 times earnings and a share price that had climbed well above the average analyst target.</p>
<div class="lb-trans"><p>研究公司 Zacks 最近將該股評級從 “強力買入” 下調至 “持有”，理由是其市盈率約為 173 倍，且股價已遠高於平均分析師目標。</p>
</div><p>Investor sentiment was further weighed down by recent selling activity.</p>
<div class="lb-trans"><p>投資者情緒進一步受到近期拋售活動的壓制。</p>
</div><p>ARK Invest reduced its AMD position by approximately $39 million on June 3, while insider sales over the previous three months totaled more than $122 million.</p>
<div class="lb-trans"><p>ARK Invest 在 6 月 3 日將其在超威的持倉減少了約 3900 萬美元，而過去三個月的內部銷售總額超過了 1.22 億美元。</p>
</div><p>Despite the recent pullback, AMD shares remain up about 116% for the year, although the stock continues to trade below its recent 52-week high.</p>
<div class="lb-trans"><p>儘管近期回調，超威的股票今年仍上漲約 116%，儘管該股繼續低於其最近的 52 周高點。</p>
</div>

Intel, AMD stocks slide again in aftermath of Broadcom's weak outlook

- 英特爾和超微股價週五繼續下跌，因半導體股票遭遇拋售。  
- 博通的 AI 前景遜於預期，造成市場失望，進一步影響整個半導體行業。  
- 博通預計第三季度 AI 半導體收入約為 160 億美元，低於分析師預期的 172 億美元。

在博通疲弱前景的影響下，英特爾和 AMD 的股票再次下跌