AMD(\uc5b4\ub4dc\ubc34\uc2a4\ub4dc \ub9c8\uc774\ud06c\ub85c \ub514\ubc14\uc774\uc2dc\uc2a4), \uc288\ud37c\ub9c8\uc774\ud06c\ub85c\ucef4\ud4e8\ud130(SMCI), \ub098\ube44\ud0c0\uc2a4 \uc138\ubbf8\ucee8\ub355\ud130(NVTS)\ub294 2026\ub144 5\uc6d4 5\uc77c(\ud654) \ubbf8\uad6d \uc99d\uc2dc \uc815\uaddc\uc7a5 \ub9c8\uac10 \ud6c4 \uc2e4\uc801\uc744 \ubc1c\ud45c\ud55c\ub2e4. **\uc635\uc158\uc2dc\uc7a5**(\uc8fc\uac00\uac00 \ud2b9\uc815 \uae30\uac04\uc5d0 \uc5b4\ub290 \uc815\ub3c4 \uc6c0\uc9c1\uc77c\uc9c0 \ubbf8\ub9ac \ubc18\uc601\ud558\ub294 \uc2dc\uc7a5)\uc740 2026\ub144 5\uc6d4 8\uc77c \ub9cc\uae30\ub97c \uae30\uc900\uc73c\ub85c \u2018\uc2e4\uc801 \uc8fc(\u9031) \uc608\uc0c1 \ubcc0\ub3d9\ud3ed(\uc554\ubb35\uc801 \ubcc0\ub3d9\ud3ed, implied move)\u2019\uc744 AMD \uc57d 8%($331.70~$389.38), SMCI \uc57d 12.55%~12.77%($23.70~$30.50), NVTS \u00b1$2.99(17.16%, $14.45~$20.43)\ub85c \ubc18\uc601\ud588\ub2e4.<\/p>\n
\ucd5c\uadfc AI(\uc778\uacf5\uc9c0\ub2a5) \uad00\ub828 \uc2e4\uc801 \uc0ac\ub840\ub85c\ub294 \ub9e5\uc2a4\ub9ac\ub2c8\uc5b4\uac00 1\ubd84\uae30 \ub9e4\ucd9c 1\uc5b53720\ub9cc\ub2ec\ub7ec(\uc804\ub144 \ub300\ube44 43% \uc99d\uac00)\ub97c \uae30\ub85d\ud588\uace0, 2\ubd84\uae30 \ub9e4\ucd9c \uac00\uc774\ub358\uc2a4(\ud68c\uc0ac \uce21 \uc2e4\uc801 \uc804\ub9dd\uce58)\ub97c 1\uc5b56000\ub9cc~1\uc5b57000\ub9cc\ub2ec\ub7ec\ub85c \uc81c\uc2dc\ud574 \uc2dc\uc7a5 \uc608\uc0c1\uce58(1\uc5b53710\ub9cc\ub2ec\ub7ec)\ub97c \uc6c3\ub3cc\uc558\ub2e4. \uc778\ud504\ub77c \ub9e4\ucd9c\uc740 \uc804\ub144 \ub300\ube44 136% \ub298\uc5c8\ub2e4. \ubaa8\ub180\ub9ac\uc2dd\ud30c\uc6cc\ub294 1\ubd84\uae30 \ub9e4\ucd9c 8\uc5b5420\ub9cc\ub2ec\ub7ec(\uc804\ub144 \ub300\ube44 26% \uc99d\uac00), \uc5d4\ud130\ud504\ub77c\uc774\uc988 \ub370\uc774\ud130 \ub9e4\ucd9c 2\uc5b56280\ub9cc\ub2ec\ub7ec\ub97c \uae30\ub85d\ud588\ub2e4.<\/p>\n
\uad6c\uae00 \ud074\ub77c\uc6b0\ub4dc \ub9e4\ucd9c\uc740 63% \uc99d\uac00\ud55c 200\uc5b5\ub2ec\ub7ec\uc600\uace0, \ubc31\ub85c\uadf8(\uc218\uc8fc\uc794\uace0\u00b7\ud5a5\ud6c4 \uc778\uc2dd\ub420 \ub9e4\ucd9c\uc758 \u2018\uc313\uc5ec \uc788\ub294 \uc8fc\ubb38\u2019)\ub294 \uac70\uc758 \ub450 \ubc30\ub85c \ub298\uc5b4 4600\uc5b5\ub2ec\ub7ec\uc5d0 \uadfc\uc811\ud588\ub2e4. \ub9c8\uc774\ud06c\ub85c\uc18c\ud504\ud2b8 \ud074\ub77c\uc6b0\ub4dc \ub9e4\ucd9c\uc740 29% \uc99d\uac00\ud55c 545\uc5b5\ub2ec\ub7ec\uc600\uc73c\uba70, \uc0c1\uc5c5\uc6a9 RPO(\uc794\uc5ec \uc218\ud589\uc758\ubb34\u00b7\uacc4\uc57d\uc740 \uccb4\uacb0\ub410\uc9c0\ub9cc \uc544\uc9c1 \ub9e4\ucd9c\ub85c \uc778\uc2dd\ub418\uc9c0 \uc54a\uc740 \ubb3c\ub7c9) \ub294 99% \uc99d\uac00\ud55c 6270\uc5b5\ub2ec\ub7ec\uc600\ub2e4. \uc560\uc800(Azure) \ub4f1 \ud074\ub77c\uc6b0\ub4dc \uc11c\ube44\uc2a4\ub294 \uc57d 40% \uc131\uc7a5\ud588\ub2e4.<\/p>\n
\uae30\uc220\uc801 \uad6c\uac04(\ucc28\ud2b8\uc5d0\uc11c \ub9e4\uc218\u00b7\ub9e4\ub3c4 \uc555\ub825\uc774 \uc790\uc8fc \ub098\ud0c0\ub098\ub294 \uac00\uaca9\ub300)\uc73c\ub85c\ub294 AMD\uac00 336~340\ub2ec\ub7ec \uad6c\uac04\uc774 \uc9c0\uc9c0\uc120(\ud558\ub77d \uc2dc \uc9c0\uc9c0\ub97c \ubc1b\uc744 \uc218 \uc788\ub294 \uac00\uaca9\ub300)\uc73c\ub85c \uc81c\uc2dc\ub410\uace0, \uc704\ucabd\uc73c\ub85c 349.50\ub2ec\ub7ec\uc640 363\ub2ec\ub7ec\uac00 \uc5b8\uae09\ub410\ub2e4. \uc1fc\ud2b8 \ud50c\ub85c\ud2b8(\uc720\ud1b5\uc8fc\uc2dd \uc911 \uacf5\ub9e4\ub3c4 \ube44\uc911) 2.20%, \uacf5\ub9e4\ub3c4 \uc794\uace0(\uacf5\ub9e4\ub3c4\ub85c \uc7a1\ud600 \uc788\ub294 \uc8fc\uc2dd \uc218) 3565\ub9cc\uc8fc\ub2e4. SMCI\ub294 25.47~26.20\ub2ec\ub7ec\uac00 \uc8fc\uc694 \uad6c\uac04\uc774\uba70, \uc800\ud56d\uc120(\uc0c1\uc2b9 \uc2dc \ub9c9\ud790 \uc218 \uc788\ub294 \uac00\uaca9\ub300)\uc740 31.70~31.74\ub2ec\ub7ec\ub85c \uc81c\uc2dc\ub410\ub2e4. \uc1fc\ud2b8 \ud50c\ub85c\ud2b8\ub294 16.84%, \uacf5\ub9e4\ub3c4 \uc794\uace0\ub294 8679\ub9cc\uc8fc\ub2e4.<\/p>\n
\ub098\ube44\ud0c0\uc2a4\ub294 16\ub2ec\ub7ec\uac00 \uc9c0\uc9c0\uc120, 18\ub2ec\ub7ec\uac00 \uc800\ud56d\uc120\uc73c\ub85c \uac70\ub860\ub410\ub2e4. \uc1fc\ud2b8 \ud50c\ub85c\ud2b8 23.32%, \uacf5\ub9e4\ub3c4 \uc794\uace0 4857\ub9cc\uc8fc\ub2e4. \uc635\uc158\uc2dc\uc7a5\uc774 \ubc18\uc601\ud55c \ubc94\uc704(\uc554\ubb35\uc801 \ubcc0\ub3d9\ud3ed)\ub97c \ub118\uc5b4\uc11c\ub294 \uc6c0\uc9c1\uc784\uc740 \u2018\uc8fc\uac00 \uc7ac\ud3c9\uac00(\uc0c8\ub86d\uac8c \uac00\uaca9\uc774 \ub9e4\uaca8\uc9c0\ub294 \uacfc\uc815)\u2019\uac00 \ucee4\uc84c\ub2e4\ub294 \uc2e0\ud638\ub85c \uc124\uba85\ub41c\ub2e4.<\/p>\n
AMD, \uc288\ud37c\ub9c8\uc774\ud06c\ub85c, \ub098\ube44\ud0c0\uc2a4\uc758 \uc2e4\uc801 \ubc1c\ud45c\ub97c \uc55e\ub450\uace0 \uc2dc\uc7a5\uc740 AI \ub7a0\ub9ac(\uc778\uacf5\uc9c0\ub2a5 \ud14c\ub9c8 \uc8fc\uac00 \uc0c1\uc2b9)\uac00 \ub354 \uc774\uc5b4\uc9c8 \uc5ec\uc9c0\uac00 \uc788\ub294\uc9c0 \ud655\uc778\ud558\ub824 \ud55c\ub2e4. \uc9c0\ub09c\uc8fc \ud074\ub77c\uc6b0\ub4dc \uc5c5\uccb4\ub4e4\uc758 \uac15\ud55c \uc2e4\uc801\uc774 \ubd84\uc704\uae30\ub97c \ub04c\uc5b4\uc62c\ub838\uc9c0\ub9cc, \uc774\uc81c \ud558\ub4dc\uc6e8\uc5b4(\uc11c\ubc84\u00b7\ubc18\ub3c4\uccb4 \ub4f1 \uc2e4\uc81c \uc7a5\ube44) \ucabd\uc5d0\uc11c\ub3c4 \ud655\uc778\uc774 \ud544\uc694\ud558\ub2e4. \ud575\uc2ec\uc740 **\ud5a5\ud6c4 \uc2e4\uc801 \uc804\ub9dd(\uac00\uc774\ub358\uc2a4)**\uc774 \uc774\ubbf8 \ub192\uc544\uc9c4 \uc2dc\uc7a5 \uae30\ub300\uce58\ub97c \ub4b7\ubc1b\uce68\ud560 \uc218 \uc788\ub290\ub0d0\ub2e4.<\/p>\n
\ub2e8\uae30 \ubc18\uc751\uc758 \uae30\uc900\uc810\uc73c\ub85c\ub294 \uc635\uc158\uc2dc\uc7a5\uc774 \ubc18\uc601\ud55c \uc554\ubb35\uc801 \ubcc0\ub3d9\ud3ed\uc774 \uac00\uc7a5 \uba85\ud655\ud558\ub2e4. \uc774 \ubc94\uc704\ub294 \uc774\ubbf8 \uc8fc\uac00\uc5d0 \ubc18\uc601\ub41c \uae30\ub300\ub97c \ub73b\ud558\ubbc0\ub85c, \ubc94\uc704 \uc548\uc758 \uc6c0\uc9c1\uc784\uc740 \ud574\uc11d \uac00\uce58\uac00 \ud06c\uc9c0 \uc54a\ub2e4. \ubc18\ub300\ub85c \uc774 \uad6c\uac04\uc744 \uc704\ub098 \uc544\ub798\ub85c **\uc9c0\uc18d\uc801\uc73c\ub85c \ubc97\uc5b4\ub098\ub294 \ud750\ub984**\uc774 \ub098\ud0c0\ub098\uba74, \uadf8\ub54c\uac00 \uc2e4\uc9c8\uc801\uc778 \uc7ac\ud3c9\uac00 \uc2e0\ud638\ub85c \uac04\uc8fc\ud560 \uc218 \uc788\ub2e4.<\/p>\n
AMD\ub294 AI \uac00\uc18d\uae30(\ub300\uaddc\ubaa8 AI \uacc4\uc0b0\uc744 \ube60\ub974\uac8c \ucc98\ub9ac\ud558\ub294 \uc804\uc6a9 \ubc18\ub3c4\uccb4) \uc131\uc7a5\uc5d0 \ucd08\uc810\uc774 \ub9de\ucdb0\uc9c4\ub2e4. 2025\ub144 4\ubd84\uae30\uc5d0 \ub370\uc774\ud130\uc13c\ud130 \ub9e4\ucd9c\uc774 \uc804\ub144 \ub300\ube44 80% \ub298\uc5b4 \uae30\uc900\uc774 \ub192\uc544\uc9c4 \ub9cc\ud07c, \uc774\ubc88\uc5d0\ub294 MI300(AMD\uc758 AI \uac00\uc18d\uae30 \uc81c\ud488\uad70) \ud310\ub9e4 \uc218\uce58\uac00 \uc911\uc694\ud558\ub2e4. \uac00\uc774\ub358\uc2a4\uac00 \uac15\ud558\uace0 \uc8fc\uac00\uac00 \uc554\ubb35\uc801 \uc0c1\ub2e8\uc778 389.38\ub2ec\ub7ec\ub97c \ub118\uc5b4\uc11c\uba74 \ucf5c\uc635\uc158(\uc8fc\uac00 \uc0c1\uc2b9\uc5d0 \ubca0\ud305\ud558\ub294 \uc635\uc158) \ub9e4\uc218 \uc804\ub7b5\uc774 \uac70\ub860\ub420 \uc218 \uc788\ub2e4. \ubc18\ub300\ub85c \uc2e4\uc801\uc774 \uae30\ub300\uc5d0 \ubabb \ubbf8\uce58\uace0 331.70\ub2ec\ub7ec \uc544\ub798\ub85c \ub0b4\ub824\uac00\uba74 \ud48b\uc635\uc158(\uc8fc\uac00 \ud558\ub77d\uc5d0 \ubca0\ud305\ud558\ub294 \uc635\uc158) \uac00\ub2a5\uc131\uc774 \ubd80\uac01\ub420 \uc218 \uc788\ub2e4.<\/p>\n
\uc288\ud37c\ub9c8\uc774\ud06c\ub85c\ub294 \ubcc0\ub3d9\uc131\uc774 \ub354 \ud070 \uc885\ubaa9\uc73c\ub85c \ud3c9\uac00\ub41c\ub2e4. 2025\ub144 1\ubd84\uae30\uc5d0 200% \ub118\uac8c \uae09\ub4f1\ud588\ub2e4\uac00 \uc870\uc815\uc744 \ubc1b\uc740 \uc804\ub840\uac00 \uc788\ub2e4. 2025\ub144 \ub9d0 \uc5c5\uacc4 \ubcf4\uace0\uc11c\uc5d0\uc11c\ub294 AI \uc11c\ubc84 \ucd9c\ud558\ub7c9\uc774 \uc804\ub144 \ub300\ube44 25% \uc774\uc0c1 \uc99d\uac00\ud55c \uac83\uc73c\ub85c \ub098\ud0c0\ub098 \uac15\ud55c \ub9e4\ucd9c\uc774 \uc608\uc0c1\ub41c\ub2e4. \uc2e4\uc801\uc774 \uc608\uc0c1\uce58\ub97c \ub6f0\uc5b4\ub118\uc5b4 31.74\ub2ec\ub7ec \ubd80\uadfc \ud575\uc2ec \uc800\ud56d\uc120\uc744 \ub3cc\ud30c\ud558\uba74 \uc1fc\ud2b8 \uc2a4\ud034\uc988(\uacf5\ub9e4\ub3c4 \ud22c\uc790\uc790\ub4e4\uc774 \uc190\uc2e4\uc744 \uc904\uc774\uae30 \uc704\ud574 \uae09\ud788 \ub2e4\uc2dc \uc0ac\ub4e4\uc774\uba70 \uc8fc\uac00\uac00 \uae09\ub4f1\ud558\ub294 \ud604\uc0c1)\uac00 \ucd09\ubc1c\ub420 \uc218 \uc788\uc5b4, \uc678\uac00\uaca9 \ucf5c(\ud604\uc7ac \uc8fc\uac00\ubcf4\ub2e4 \ud6e8\uc52c \ub192\uc740 \ud589\uc0ac\uac00\uc758 \ucf5c\uc635\uc158)\ub3c4 \uace0\uc704\ud5d8\u00b7\uace0\ubcc0\ub3d9 \uc804\ub7b5\uc73c\ub85c \uac70\ub860\ub41c\ub2e4.<\/p>\n
\ub098\ube44\ud0c0\uc2a4\ub294 \uac00\uc7a5 \uc704\ud5d8\ub3c4\uac00 \ud070 \uc885\ubaa9\uc73c\ub85c \ubd84\ub958\ub418\uc9c0\ub9cc, \uacf5\ub9e4\ub3c4 \ube44\uc911\uc774 23%\ub97c \ub118\ub294 \ub9cc\ud07c \uc791\uc740 \ubcc0\uc218\uc5d0\ub3c4 \uc8fc\uac00\uac00 \ud06c\uac8c \ud754\ub4e4\ub9b4 \uc218 \uc788\ub2e4. \ud68c\uc0ac\uc758 \ud575\uc2ec \uc2dc\uc7a5\uc778 GaN(\uc9c8\ud654\uac08\ub968\u00b7\uc804\ub825 \ud6a8\uc728\uc744 \ub192\uc774\ub294 \ucc28\uc138\ub300 \uc804\ub825 \ubc18\ub3c4\uccb4 \uc18c\uc7ac) \uc804\ub825 \ubd80\ud488 \uc218\uc694\ub294 \uc5f0 30% \uc774\uc0c1 \uc131\uc7a5\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub418\uc9c0\ub9cc, \uc2e4\uc81c\ub85c \uadf8 \uc218\uc694\ub97c \ub9e4\ucd9c\ub85c \uac00\uc838\uc624\uace0 \uc788\ub294\uc9c0 \uc785\uc99d\uc774 \ud544\uc694\ud558\ub2e4. \uc0c1\u00b7\ud558\ubc29 \ubaa8\ub450 \ud070 \uc6c0\uc9c1\uc784 \uac00\ub2a5\uc131\uc774 \uc788\uc5b4 \uc2a4\ud2b8\ub798\ub4e4(\uac19\uc740 \ub9cc\uae30\u00b7\uac19\uc740 \ud589\uc0ac\uac00\uc758 \ucf5c\uacfc \ud48b\uc744 \ub3d9\uc2dc\uc5d0 \uc0ac\uc11c \ubcc0\ub3d9\uc131 \ud655\ub300\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5)\ub85c \ubcc0\ub3d9\uc131\uc744 \ub178\ub9ac\uac70\ub098, 16\ub2ec\ub7ec \uc9c0\uc9c0\uc120 \ub610\ub294 18\ub2ec\ub7ec \uc800\ud56d\uc120\uc758 \uba85\ud655\ud55c \uc774\ud0c8 \uc774\ud6c4\uc5d0 \ub2e8\uc21c \ucf5c\u00b7\ud48b\uc73c\ub85c \ubc29\ud5a5\uc131\uc744 \uc7a1\ub294 \uc811\uadfc\uc774 \uac70\ub860\ub41c\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"
\uc2e4\uc801 \uc2dc\uc98c \u2018\ube45 \uc774\ubca4\ud2b8\u2019\u2026AMD\u00b7SMCI\u00b7NVTS, \uc635\uc158\uc2dc\uc7a5\uc740 8~17% \uae09\ubcc0\ub3d9 \uc120\ubc18\uc601. \ud074\ub77c\uc6b0\ub4dc \ud638\uc2e4\uc801 \ud6c4 \ud558\ub4dc\uc6e8\uc5b4 \uac00\uc774\ub358\uc2a4\uac00 \uad00\uac74, \uc9c0\uc9c0\u00b7\uc800\ud56d \uc774\ud0c8 \uc2dc \uc7ac\ud3c9\uac00\u00b7\uc1fc\ud2b8\uc2a4\ud034\uc988 \ucd09\ubc1c.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-46162","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=46162"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46162\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}