<p>作者：漢娜·佩多恩和布蘭妮·阮</p>
<p>投資者對動量股票的熱情減退，並考慮強勁就業報告的影響</p>
<p>美光科技的股票在週五的交易中下跌了 13%。</p>
<p>主要芯片股票在週五大幅下跌，導致該行業創下六年多以來最大的單日跌幅，因為投資者紛紛拋售動量導向的股票。</p>
<p>根據道瓊斯市場數據，PHLX 半導體指數 SOX 在週五下午收盤下跌 10.3%——這是自 2020 年 3 月 16 日以來最大的單日百分比跌幅。</p>
<p>在顯著的虧損者中，美光科技（MU）的股票下跌了 13.3%，英特爾（INTC）的股票下跌了 11.3%，超微（AMD）的股票下跌了 10.9%，博通（AVGO）的股票下跌了 7.9%，英偉達（NVDA）的股票下跌了 6.2%。馬維爾科技（MRVL）的股票下跌了 16.7%。</p>
<p>尼古拉斯財富管理公司的創始人大衞·尼古拉斯在給 MarketWatch 的郵件評論中表示：“許多非科技行業表現相對良好，這表明這是一場半導體的調整，而不是廣泛的風險規避事件。”</p>
<p>例如，醫療保健、消費品、公用事業和金融行業在週五都有所上漲。</p>
<p>查看更多：美光科技遭遇創紀錄的市值蒸發，博通對芯片股票投下陰影</p>
<p>但伯恩斯坦分析師斯泰西·拉斯貢敦促投資者在此次拋售中 “保持一點視角”。他説：“沒有什麼能每天都持續上漲。”</p>
<p>半導體交易變得擁擠，因為它是 “唯一有效的東西，” 他補充道。儘管週五出現下跌，SOX 指數今年迄今已上漲超過 70%。</p>
<p>在評估週五的市場動向時，他表示，期待 SpaceX（SPCX）等高調首次公開募股的投資者可能會在獲利的股票上獲利，以便在 SpaceX 股票可供購買時用這些資金進行購買。</p>
<p>扎克斯投資管理公司的首席市場策略師布萊恩·穆爾伯裏表示，週五芯片拋售的原因有兩個方面。首先，週五的就業報告好於預期，這 “可能是美聯儲提高利率的關鍵因素”，因為勞動力市場看起來足夠強勁，可以承受更高的資本成本以應對更高的價格。穆爾伯裏在郵件評論中指出，更高的資本成本將對未來的盈利增長構成阻力。</p>
<p>博通本週早些時候的財報也對整個芯片行業造成了壓力。投資者對博通未能提高其明年超過 1000 億美元的 AI 芯片收入預測感到失望。</p>
<p>繼續閲讀：博通的股票在財報後為何大幅下跌</p>
<p>穆爾伯裏表示：“儘管 AI 芯片收入同比增長超過 143%，但增長預期沒有得到提升，這讓市場感到困惑。”</p>
<p>Wedbush 分析師馬特·布賴森告訴 MarketWatch，投資者可能越來越擔心內存市場的基本面變化，以及供應可能超過需求的前景。現階段，內存和存儲製造商是 AI 驅動的供應短缺的主要受益者，這使他們能夠提高價格。</p>
<p>布賴森表示：“供應和需求動態可能會出現兩種情況：要麼需求減少，要麼供應增加。”</p>
<p>關於後者，布賴森指出，韓國內存巨頭 SK 海力士（KR:000660）據報道正準備到 2031 年將其動態隨機存取內存的晶圓生產能力翻倍，彭博社報道。與此同時，該公司的韓國內存同行三星電子（KR:005930）計劃明年擴大對 DRAM 的投資和採購訂單，TrendForce 的報告顯示。</p>
<p>SK 海力士和三星尚未立即回應 MarketWatch 的評論請求。</p>
<p>雖然這些報告可能在週五影響了內存股票，但布賴森強調，這些新增產能可能在 2029 年之前不會對市場產生影響。</p>
<p>-漢娜·佩多恩 -布蘭妮·阮</p>
<p>此內容由 MarketWatch 創作，MarketWatch 由道瓊斯公司運營。MarketWatch 與道瓊斯新聞通訊和《華爾街日報》獨立出版。</p>
<p>（完）道瓊斯新聞通訊</p>
<p>06-05-26 1703ET</p>

英特爾

邁威爾科技

04335

<p>半導體行業遭遇六年來最嚴重的一日損失，PHLX 半導體指數下跌 10.3%。主要芯片股票大幅下跌，包括美光科技（-13.3%）、邁威爾科技（-16.7%）和英特爾（-11.3%）。分析師將此次拋售歸因於強勁的就業報告引發的加息擔憂、博通令人失望的人工智能收入預測，以及對未來內存供應超過需求的擔憂。儘管下跌，專家指出該指數年初至今仍上漲 70%</p>

<p>By Hannah Pedone and Britney Nguyen</p>
<div class="lb-trans"><p>作者：漢娜·佩多恩和布蘭妮·阮</p>
</div><p>Investors are cooling on momentum stocks and considering the implications of a strong jobs report</p>
<div class="lb-trans"><p>投資者對動量股票的熱情減退，並考慮強勁就業報告的影響</p>
</div><p>Micron shares lost 13% in Friday's trading action.</p>
<div class="lb-trans"><p>美光科技的股票在週五的交易中下跌了 13%。</p>
</div><p>Major chip stocks sold off sharply on Friday to seal the sector's sharpest one-day loss in more than six years, as investors bailed on momentum-oriented plays.</p>
<div class="lb-trans"><p>主要芯片股票在週五大幅下跌，導致該行業創下六年多以來最大的單日跌幅，因為投資者紛紛拋售動量導向的股票。</p>
</div><p>The PHLX Semiconductor Index SOX closed down 10.3% on Friday afternoon - its largest one-day percent decline since March 16, 2020, according to Dow Jones Market Data.</p>
<div class="lb-trans"><p>根據道瓊斯市場數據，PHLX 半導體指數 SOX 在週五下午收盤下跌 10.3%——這是自 2020 年 3 月 16 日以來最大的單日百分比跌幅。</p>
</div><p>Among notable losers, shares of Micron Technology (MU) sank 13.3%, Intel's stock (INTC) fell 11.3%, Advanced Micro Devices shares (AMD) dropped 10.9%, shares of Broadcom (AVGO) shed 7.9% and Nvidia shares (NVDA) slid 6.2%. Marvell's stock (MRVL) was off 16.7%.</p>
<div class="lb-trans"><p>在顯著的虧損者中，美光科技（MU）的股票下跌了 13.3%，英特爾（INTC）的股票下跌了 11.3%，超微（AMD）的股票下跌了 10.9%，博通（AVGO）的股票下跌了 7.9%，英偉達（NVDA）的股票下跌了 6.2%。馬維爾科技（MRVL）的股票下跌了 16.7%。</p>
</div><p>&#34;The fact that many nontech sectors are holding up reasonably well suggests this is a semiconductor correction rather than a broad risk-off event,&#34; David Nicholas, founder of Nicholas Wealth Management, told MarketWatch in emailed comments.</p>
<div class="lb-trans"><p>尼古拉斯財富管理公司的創始人大衞·尼古拉斯在給 MarketWatch 的郵件評論中表示：“許多非科技行業表現相對良好，這表明這是一場半導體的調整，而不是廣泛的風險規避事件。”</p>
</div><p>For example, the healthcare, consumer staples, utilities and financial sectors gained ground Friday.</p>
<div class="lb-trans"><p>例如，醫療保健、消費品、公用事業和金融行業在週五都有所上漲。</p>
</div><p>See more: Micron suffers record market-cap wipeout as Broadcom casts a shadow over chip stocks</p>
<div class="lb-trans"><p>查看更多：美光科技遭遇創紀錄的市值蒸發，博通對芯片股票投下陰影</p>
</div><p>But Bernstein analyst Stacy Rasgon urged investors to &#34;have a little perspective&#34; in light of the selloff. &#34;Nothing keeps going up every single day,&#34; he said.</p>
<div class="lb-trans"><p>但伯恩斯坦分析師斯泰西·拉斯貢敦促投資者在此次拋售中 “保持一點視角”。他説：“沒有什麼能每天都持續上漲。”</p>
</div><p>The semiconductor trade has become crowded as it's &#34;the only thing that's working,&#34; he added. And despite Friday's decline, the SOX index is up more than 70% so far this year.</p>
<div class="lb-trans"><p>半導體交易變得擁擠，因為它是 “唯一有效的東西，” 他補充道。儘管週五出現下跌，SOX 指數今年迄今已上漲超過 70%。</p>
</div><p>In evaluating Friday's moves, he said investors looking forward to high-profile initial public offerings like SpaceX's (SPCX) might be taking some profits in their winners, so they can use that money to buy SpaceX shares when they become available to purchase.</p>
<div class="lb-trans"><p>在評估週五的市場動向時，他表示，期待 SpaceX（SPCX）等高調首次公開募股的投資者可能會在獲利的股票上獲利，以便在 SpaceX 股票可供購買時用這些資金進行購買。</p>
</div><p>Brian Mulberry, chief market strategist at Zacks Investment Management, said the reasons behind Friday's chip selloff were twofold. For one, a better-than-expected jobs report on Friday is &#34;a key element for the Fed to perhaps increase rates,&#34; since the labor market looks durable enough to absorb a higher cost of capital to combat higher prices. A higher cost of capital would be a headwind to future earnings growth, Mulberry noted in emailed comments.</p>
<div class="lb-trans"><p>扎克斯投資管理公司的首席市場策略師布萊恩·穆爾伯裏表示，週五芯片拋售的原因有兩個方面。首先，週五的就業報告好於預期，這 “可能是美聯儲提高利率的關鍵因素”，因為勞動力市場看起來足夠強勁，可以承受更高的資本成本以應對更高的價格。穆爾伯裏在郵件評論中指出，更高的資本成本將對未來的盈利增長構成阻力。</p>
</div><p>Broadcom's earnings report earlier this week has also weighed on the broader chip sector. Investors were disappointed that Broadcom declined to raise its forecast for more than $100 billion in AI-chip revenue next year.</p>
<div class="lb-trans"><p>博通本週早些時候的財報也對整個芯片行業造成了壓力。投資者對博通未能提高其明年超過 1000 億美元的 AI 芯片收入預測感到失望。</p>
</div><p>Read on: Why Broadcom's stock is falling so hard after earnings</p>
<div class="lb-trans"><p>繼續閲讀：博通的股票在財報後為何大幅下跌</p>
</div><p>&#34;It confuses the market&#34; that growth expectations didn't get a lift despite AI-chip revenue jumping more than 143% from a year ago, Mulberry said.</p>
<div class="lb-trans"><p>穆爾伯裏表示：“儘管 AI 芯片收入同比增長超過 143%，但增長預期沒有得到提升，這讓市場感到困惑。”</p>
</div><p>Wedbush analyst Matt Bryson told MarketWatch that investors may increasingly be worried about shifting fundamentals in the memory market and the prospect of supply coming to outstrip demand. As it stands, memory and storage makers have been major beneficiaries of AI-driven supply shortages that have allowed them to raise prices.</p>
<div class="lb-trans"><p>Wedbush 分析師馬特·布賴森告訴 MarketWatch，投資者可能越來越擔心內存市場的基本面變化，以及供應可能超過需求的前景。現階段，內存和存儲製造商是 AI 驅動的供應短缺的主要受益者，這使他們能夠提高價格。</p>
</div><p>&#34;There are two ways the supply-demand dynamic [could] get screwed up,&#34; Bryson said. &#34;Either you get demand destruction, or you have more supply.&#34;</p>
<div class="lb-trans"><p>布賴森表示：“供應和需求動態可能會出現兩種情況：要麼需求減少，要麼供應增加。”</p>
</div><p>Regarding the latter, Bryson noted that South Korean memory giant SK Hynix (KR:000660) is reportedly preparing to double its wafer production capacity for dynamic random-access memory by 2031, according to Bloomberg. Meanwhile, the company's South Korean memory peer Samsung Electronics (KR:005930) is planning to expand its investments and purchase orders for DRAM next year, according to a TrendForce report.</p>
<div class="lb-trans"><p>關於後者，布賴森指出，韓國內存巨頭 SK 海力士（KR:000660）據報道正準備到 2031 年將其動態隨機存取內存的晶圓生產能力翻倍，彭博社報道。與此同時，該公司的韓國內存同行三星電子（KR:005930）計劃明年擴大對 DRAM 的投資和採購訂單，TrendForce 的報告顯示。</p>
</div><p>SK Hynix and Samsung did not immediately respond to a request for comment from MarketWatch.</p>
<div class="lb-trans"><p>SK 海力士和三星尚未立即回應 MarketWatch 的評論請求。</p>
</div><p>While the reports could have impacted memory stocks on Friday, Bryson emphasized that those additions will likely not impact the market until at least 2029.</p>
<div class="lb-trans"><p>雖然這些報告可能在週五影響了內存股票，但布賴森強調，這些新增產能可能在 2029 年之前不會對市場產生影響。</p>
</div><p>-Hannah Pedone -Britney Nguyen</p>
<div class="lb-trans"><p>-漢娜·佩多恩 -布蘭妮·阮</p>
</div><p>This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.</p>
<div class="lb-trans"><p>此內容由 MarketWatch 創作，MarketWatch 由道瓊斯公司運營。MarketWatch 與道瓊斯新聞通訊和《華爾街日報》獨立出版。</p>
</div><p>(END) Dow Jones Newswires</p>
<div class="lb-trans"><p>（完）道瓊斯新聞通訊</p>
</div><p>06-05-26 1703ET</p>
<div class="lb-trans"><p>06-05-26 1703ET</p>
</div>

Marvell, Micron shares tumble as the chip sector suffers its worst day in 6 years

- 投資者對半導體類股的熱情降低，Micron 股價下跌 13%。
- PHLX 半導體指數下滑 10.3%，創六年來最大單日跌幅。
- 更強勁的就業數據可能導致美聯儲加息，影響未來盈利增長。

Dow Jones

INTEL-T

美光科技

1 倍做空 AVGO ETF - Direxion

Leverage Shares 2X Long AVGO Daily ETF

2 倍做多 AVGO ETF - Defiance

2 倍做多 MU ETF - GraniteShares

2 倍做多 INTC ETF - GraniteShares

Roundhill AVGO WeeklyPay ETF

2 倍做多美光科技 ETF - Direxion

GraniteShares 2x Long AVGO Daily ETF

2 倍做多 AVGO ETF - Direxion

2 倍做多 MRVL ETF - GraniteShares

1 倍做空 MU ETF - Direxion

博通

英偉達

NVIDIA Corporation

由於芯片行業經歷了 6 年來最糟糕的一天，邁威爾科技和美光科技的股價大幅下跌