{"id":46674,"date":"2026-05-05T04:10:51","date_gmt":"2026-05-05T04:10:51","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/46674\/"},"modified":"2026-05-05T04:10:51","modified_gmt":"2026-05-05T04:10:51","slug":"%e7%be%8e%e8%82%a1%e6%94%b6%e5%b8%82%e5%be%8c%ef%bc%8camd%e3%80%81super-micro-%e5%8f%8a-navitas-%e6%94%be%e6%a6%9c%ef%bc%8c%e4%bf%83%e4%bd%bf%e5%b8%82%e5%a0%b4%e9%87%8d%e6%96%b0%e8%a9%95%e4%bc%b0","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/46674\/","title":{"rendered":"\u7f8e\u80a1\u6536\u5e02\u5f8c\uff0cAMD\u3001Super Micro \u53ca Navitas \u653e\u699c\uff0c\u4fc3\u4f7f\u5e02\u5834\u91cd\u65b0\u8a55\u4f30\u4eba\u5de5\u667a\u80fd\u5347\u6d6a\u80fd\u5426\u5ef6\u7e8c"},"content":{"rendered":"<p>AMD\u3001Super Micro Computer \u53ca Navitas Semiconductor \u5c07\u65bc\u5468\u4e8c\uff082026 \u5e74 5 \u6708 5 \u65e5\uff09\u7f8e\u80a1\u6536\u5e02\u5f8c\u516c\u5e03\u696d\u7e3e\u3002\u671f\u6b0a\u5e02\u5834\uff08\u4ee5\u671f\u6b0a\u50f9\u683c\u63a8\u7b97\u7684\u5e02\u5834\u9810\u671f\uff09\u5df2\u628a\u300c\u696d\u7e3e\u5468\u300d\u7684\u9810\u8a08\u6ce2\u5e45\uff08\u5e02\u5834\u9810\u671f\u80a1\u50f9\u5728\u696d\u7e3e\u524d\u5f8c\u53ef\u80fd\u4e0a\u843d\u7684\u5e45\u5ea6\uff09\u53cd\u6620\u5728 2026 \u5e74 5 \u6708 8 \u65e5\u5230\u671f\u7684\u671f\u6b0a\u4e0a\uff1aAMD \u7d04 8%\uff08331.70 \u7f8e\u5143\u81f3 389.38 \u7f8e\u5143\uff09\uff0cSMCI \u7d04 12.55% \u81f3 12.77%\uff0823.70 \u7f8e\u5143\u81f3 30.50 \u7f8e\u5143\uff09\uff0cNVTS \u5247\u70ba \u00b12.99 \u7f8e\u5143\u6216 17.16%\uff0814.45 \u7f8e\u5143\u81f3 20.43 \u7f8e\u5143\uff09\u3002<\/p>\n<p>\u8fd1\u671f\u8207 AI\uff08\u4eba\u5de5\u667a\u80fd\uff09\u76f8\u95dc\u7684\u696d\u7e3e\u5305\u62ec\uff1aMaxLinear \u7b2c\u4e00\u5b63\u6536\u5165 1.372 \u5104\u7f8e\u5143\uff08\u6309\u5e74\u5347 43%\uff09\uff0c\u7b2c\u4e8c\u5b63\u6307\u5f15\uff08\u516c\u53f8\u5c0d\u672a\u4f86\u4e00\u5b63\u7684\u6536\u5165\u6216\u76c8\u5229\u9810\u6e2c\uff09\u70ba 1.60 \u5104\u81f3 1.70 \u5104\u7f8e\u5143\uff0c\u9ad8\u65bc\u5e02\u5834\u4f30\u7b97\u7684 1.371 \u5104\u7f8e\u5143\uff1b\u5176\u57fa\u5efa\u6536\u5165\uff08\u5982\u7db2\u7d61\u3001\u6578\u64da\u4e2d\u5fc3\u76f8\u95dc\u7522\u54c1\u6536\u5165\uff09\u6309\u5e74\u5347 136%\u3002Monolithic Power \u7b2c\u4e00\u5b63\u6536\u5165 8.042 \u5104\u7f8e\u5143\uff08\u6309\u5e74\u5347 26%\uff09\uff0c\u4f01\u696d\u6578\u64da\u6536\u5165 2.628 \u5104\u7f8e\u5143\u3002<\/p>\n<p>Google Cloud \u6536\u5165\u5347 63% \u81f3 200 \u5104\u7f8e\u5143\uff0c\u7a4d\u58d3\u8a02\u55ae\uff08\u672a\u4ea4\u4ed8\u5408\u7d04\u91d1\u984d\uff09\u63a5\u8fd1\u500d\u589e\u81f3 4,600 \u5104\u7f8e\u5143\u3002Microsoft Cloud \u6536\u5165\u5347 29% \u81f3 545 \u5104\u7f8e\u5143\uff1b\u5546\u696d\u300c\u5269\u9918\u5c65\u7d04\u7fa9\u52d9\u300d\uff08Remaining Performance Obligation\uff0c\u7c21\u7a31 RPO\uff1a\u5df2\u7c3d\u5408\u7d04\u4f46\u672a\u5165\u8cec\u7684\u672a\u4f86\u6536\u5165\uff09\u5347 99% \u81f3 6,270 \u5104\u7f8e\u5143\uff1bAzure \u53ca\u5176\u4ed6\u96f2\u7aef\u670d\u52d9\u589e\u9577\u7d04 40%\u3002<\/p>\n<p>\u6280\u8853\u95dc\u9375\u4f4d\u65b9\u9762\uff1aAMD \u652f\u6301\u4f4d\uff08\u80a1\u50f9\u8f03\u6613\u6b62\u8dcc\u7684\u4f4d\u7f6e\uff09\u5728 336 \u81f3 340 \u7f8e\u5143\uff0c\u4e0a\u65b9\u95dc\u6ce8 349.50 \u53ca 363 \u7f8e\u5143\uff1b\u6cbd\u7a7a\u6d41\u901a\u6bd4\u7387\uff08short float\uff1a\u53ef\u4ea4\u6613\u80a1\u4efd\u4e2d\u88ab\u6cbd\u7a7a\u7684\u6bd4\u4f8b\uff092.20%\uff0c\u6cbd\u7a7a\u80a1\u6578\uff08short interest\uff1a\u5df2\u88ab\u501f\u5165\u4e26\u8ce3\u51fa\u7684\u80a1\u6578\uff093,565 \u842c\u80a1\u3002SMCI \u95dc\u6ce8\u5340\u9593 25.47 \u81f3 26.20 \u7f8e\u5143\uff0c\u963b\u529b\u4f4d\uff08\u80a1\u50f9\u8f03\u6613\u53d7\u58d3\u56de\u843d\u7684\u4f4d\u7f6e\uff0931.70 \u81f3 31.74 \u7f8e\u5143\uff0c\u6cbd\u7a7a\u6d41\u901a\u6bd4\u7387 16.84%\uff0c\u6cbd\u7a7a\u80a1\u6578 8,679 \u842c\u80a1\u3002<\/p>\n<p>Navitas \u7684\u652f\u6301\u4f4d 16 \u7f8e\u5143\u3001\u963b\u529b\u4f4d 18 \u7f8e\u5143\uff0c\u6cbd\u7a7a\u6d41\u901a\u6bd4\u7387 23.32%\uff0c\u6cbd\u7a7a\u80a1\u6578 4,857 \u842c\u80a1\u3002\u80a1\u50f9\u82e5\u5347\u7a7f\u6216\u8dcc\u7a7f\u4e0a\u8ff0\u300c\u96b1\u542b\u6ce2\u5e45\u5340\u9593\u300d\uff08implied range\uff1a\u7531\u671f\u6b0a\u96b1\u542b\u6ce2\u5e45\u63a8\u7b97\u7684\u4e0a\u843d\u7bc4\u570d\uff09\uff0c\u901a\u5e38\u88ab\u8996\u70ba\u5e02\u5834\u8981\u91cd\u65b0\u5b9a\u50f9\uff08repricing\uff1a\u6295\u8cc7\u8005\u7528\u66f4\u9ad8\u6216\u66f4\u4f4e\u4f30\u503c\u6a19\u6e96\u70ba\u80a1\u7968\u5b9a\u50f9\uff09\u7684\u8a0a\u865f\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7f8e\u80a1\u6536\u5e02\u5f8cAMD\u3001Super Micro\u53caNavitas\u696d\u7e3e\u51fa\u7210\uff0c\u6307\u5f15\u6210AI\u6982\u5ff5\u80a1\u98a8\u5411\u6a19\uff1b\u5e02\u5834\u6025\u554f\uff1aAI\u5347\u6d6a\u4ecd\u6709\u5f8c\u52c1\uff0c\u6291\u6216\u9ad8\u4f30\u503c\u5c07\u8fce\u4f86\u56de\u5410\uff1f<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-46674","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\/zh\/wp-json\/wp\/v2\/posts\/46674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/comments?post=46674"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/46674\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=46674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=46674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=46674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}