Advanced Micro Devices (NASDAQ: AMD stock) projects that if its ambitious data-center expansion targets materialize, shareholders could see massive upside through 2030. The claim has Wall Street divided between believers who see generational growth and skeptics who question whether the valuation already prices in much of that upside. Management's growth case: Can AMD sustain 60% data center CAGR? Copy link to section At its Financial Analyst Day in November 2025, AMD laid out a roadmap. The company expects ...

Quantum computing is the next big thing in tech, but you don't need to invest in any risky start-ups to profit from it.Quantum computing used to be one of those things you only read about in a science fiction novel, along with faster-than-light travel or teleportation. It might be part of everyday talk on the Starship Enterprise, but it's not real, right?Turns out it's very real, and it's one of the fastest-growing industries out there. McKinsey estimates the quantum computing market could grow from about $ ...

科技巨头英伟达去年5月发的一份技术报告，本来想推广他们的新高压直流系统，结果里面藏了个大 bug。报告说，一个1吉瓦的数据中心机架母线得用掉50万吨铜。这数字听起来吓人，相当于全球铜供应 量的1.7%。 大家一看，人工智能数据中心这么耗资源，赶紧传开了。分析师们没多想，就拿这个当证据，写报告说 人工智能会把铜吃光。华尔街的投行们在6月的商品展望里直接引用，预测如果建多个这样的中心，铜 需求得占全球产量大头。国内券商也跟风，出一堆专题，说人工智能扩张会引发铜短缺。媒体一报道， 投资者就激动了。 这份报告本来是技术性的，焦点在800V HVDC架构上，能降低能耗。但那个铜用量计算明显不对劲。 报告里说每兆瓦机架用200公斤铜，1吉瓦是1000兆瓦，算下来该是200吨。可他们写成50万吨，差了 2500倍。起初没人查，报告被当成金科玉律。技术博客先转载，强调人工智能对资源的压力。 专业会议上，能源专家们讨论时，总拿这个举例，说技术进步得付出代价。几个月下来，研究机构像 ThunderSaid Energy虽觉得怪，但没马上说破。相反，其他公司出报告，基于这个推演到2030年，人工 智能集群得要几百万吨铜。基金经理一 ...

1月19日，"铜博士"行情明显降温。沪铜期货主力合约跌0.68%，江西铜业、云南铜业、铜陵有色等龙头 股纷纷回调。 市场调整与英伟达的数据乌龙不无关系。英伟达此前发布的技术论文称，1吉瓦（GW）规模的传统数 据中心机架需要"50万吨"铜用于母线，近日修正为约200吨，修正后数值仅为原数据的0.04%。 这一数据修正对铜价究竟影响几何？ 英伟达数据乌龙持续发酵 1月19日，A股铜概念股在经历前期强势上涨后集体回调。截至收盘，Wind铜产业指数跌0.88%，江西铜 业跌5.63%，云南铜业跌3.74%，铜陵有色跌3.27%。 期货市场同步承压。截至收盘，沪铜期货主力合约收于101180元/吨，跌0.68%，延续回调态势。现货铜 价虽维持高位，但伦敦金属交易所（LME）与沪铜期货价格短期承压，叠加库存回升与下游观望情 绪，市场进入阶段性平衡。 铜价此番调整与英伟达一份技术论文的数据乌龙不无关系。英伟达在2025年5月发布的论文称，1吉瓦 （GW）规模的传统数据中心机架需要"50万吨"铜用于母线。能源咨询机构Thunder Said Energy表示， 英伟达很可能是将"50万磅"（约227吨） 误写成"50万吨"， ...

The U.S. government and President Donald Trump have announced new tariffs on the import of semiconductor equipment, specifically Advanced Micro Devices’ (AMD) MI325X chips and Nvidia’s (NVDA) H200 chips. The 25% tariffs are expected to encourage local manufacturing of semiconductor equipment and reduce reliance on foreign vendors. The administration has not ruled out future tariffs for the achievement of these objectives. It is worth noting that startups, domestic data centers, the public sector, and chi ...

市场调整与英伟达的数据乌龙不无关系。英伟达此前发布的技术论文称，1吉瓦（GW）规模的传统数 据中心机架需要"50万吨"铜用于母线，近日修正为约200吨，修正后数值仅为原数据的0.04%。 1月19日，"铜博士"行情明显降温。沪铜期货主力合约跌0.68%，江西铜业、云南铜业、铜陵有色等龙头 股纷纷回调。 这一数据修正对铜价究竟影响几何？ 中国证券报记者采访多位分析师了解到，此前业内便一直对英伟达"50万吨铜需求"这一数据持谨慎态 度，因此这一数据修正对于短期铜市场供需冲击有限。近期铜价上涨背后的推手是宏观通胀预期与供给 受限。展望后市，春节前，铜价仍以跟踪贵金属为主，一季度延续高位震荡概率大，下半年则需警惕回 调风险。 英伟达数据乌龙持续发酵 1月19日，A股铜概念股在经历前期强势上涨后集体回调。截至收盘，Wind铜产业指数跌0.88%，江西铜 业跌5.63%，云南铜业跌3.74%，铜陵有色跌3.27%。 期货市场同步承压。截至收盘，沪铜期货主力合约收于101180元/吨，跌0.68%，延续回调态势。现货铜 价虽维持高位，但伦敦金属交易所（LME）与沪铜期货价格短期承压，叠加库存回升与下游观望情 绪，市场进入阶 ...

Core Insights - NVIDIA Corporation (NVDA) and Micron Technology, Inc. (MU) are pivotal in the AI semiconductor ecosystem, driven by increasing demand for data center and AI computing [1] - Both companies present different risk-reward profiles for investors in the semiconductor sector [2] NVIDIA Overview - NVIDIA is central to the AI boom, with its GPUs utilized in cloud data centers and self-driving vehicles, dominating the AI infrastructure market [3] - In Q3 of fiscal 2026, NVIDIA's revenues increased by 62% year-over-year to $57 billion, and non-GAAP EPS rose by 60% to $1.30 [3] - The Data Center segment generated $51.22 billion in revenues, accounting for 89.8% of total sales, with a 66% year-over-year increase and 25% sequential growth [5] - NVIDIA's partnership with OpenAI is expected to enhance long-term demand for its GPUs, solidifying its position as a leading AI chip supplier [6] Micron Overview - Micron Technology is well-positioned for long-term growth due to its involvement in AI, high-performance data centers, and industrial IoT [7] - The company reported a 57% year-over-year revenue increase to $13.64 billion in Q1 of fiscal 2026, with non-GAAP EPS rising by 167% to $4.78 [9] - Micron's diversification strategy has led to a more stable revenue base, focusing on resilient sectors like automotive and enterprise IT [8] - Micron's HBM3E products are in high demand, with supply already sold out for 2026, indicating strong market interest [11] Growth Outlook Comparison - Micron's growth profile appears stronger in the near term, with projected fiscal 2026 revenues and EPS expected to surge by 94.7% and 297.5%, respectively, compared to NVIDIA's 92.9% revenue growth and 55.9% EPS increase [13] - Analysts are increasingly bullish on Micron, as reflected in the earnings estimate revision trends [14] Price Performance and Valuation - Over the past year, Micron's stock has surged by 243%, significantly outperforming NVIDIA's 35.2% gain [17] - Micron trades at a lower forward P/E multiple of 9.84 compared to NVIDIA's 25.78, indicating a more attractive valuation despite higher growth projections for Micron [18] Conclusion - Micron Technology is identified as the better investment option due to its higher EPS growth projection and lower valuation compared to NVIDIA [21]

Key Points Nvidia’s Blackwell and Rubin platforms have exceptional long-term revenue visibility. Alphabet is already monetizing its artificial intelligence capabilities at scale. Broadcom also enjoys a long AI backlog and expanding hyperscaler relationships. 10 stocks we like better than Nvidia › The global artificial intelligence (AI) market was estimated to be worth about $372 billion in 2025 and is expected to be worth more than $2 trillion by 2032, according to MarketsandMarkets. This implies ...

MPWR’s stock story is one of patience rewarded. Over the past two decades, the stock has delivered returns of more than 5,800%, an extraordinary run built on execution rather than hype. After its inclusion in the S&P 500 ($SPX) in 2021, the stock is up roughly 160%. Just last month, MPWR earned another badge of maturity with its entry into the Nasdaq-100, reinforcing its growing institutional relevance.Public since 2004, Monolithic has spent the past two decades methodically expanding beyond core PMICs into ...

以下文章来源于科创板日报 ，作者黄君芝 科创板日报 . 专注科创板和科技创新，上海报业集团主管主办，界面财联社出品。 知名做空投资人、素有"大空头"之称的迈克尔·伯里（Michael Burry）再次对人工智能（AI）泡沫发出警告。他"剑指"当前科技繁荣称，长 期低迷即将到来。 伯里因在2008年金融危机前精准做空抵押贷款支持证券而声名鹊起，迈克尔·刘易斯（Michael Lewis）的著作《大空头》和奥斯卡获 奖影片《大空头》都记录了他的这一交易。 去年10月底，伯里在沉寂数年后重返公众视野。自那以来，他多次预警股市泡沫风险，披露了做空英伟达等AI股的新仓位，并推出了S ubstack付费通讯专栏，以向外界自由输出其投资观点。 长期低迷 伯里在Substack上发文警告称，包括微软和谷歌母公司Alphabet在内的所谓超大规模数据中心运营商，正在将巨额资金浪费在微芯片和数 据中心上，而这些设备很快就会过时，因为用于驱动诸如聊天机器人等人工智能工具的这些设备将会变得标准化。 他将此事与"股神"巴菲特在20世纪60年代短暂拥有的巴尔的摩百货公司Hochschild-Kohn进行了比较。 "街对面的百货公司装了自 ...