文｜邱晓芬 编辑｜苏建勋 9月18日，英伟达官网上宣布了一则重磅消息：英伟达将向英特尔投资50亿美金（折合人民币356亿）。这一项投资将以收购英特尔股票的方式落地，以一 股23.28美元折算。 消息公布之后，北京时间9月19日凌晨一点，英伟达创始人黄仁勋和英特尔首席执行官陈立武召开了一场线上发布会。 发布会上，黄仁勋罕见换掉了他的皮衣，穿上了笔挺的西装。陈立武也用带有中式口音的英语，表示了他对此次合作的感激——"和黄仁勋相识超过30 年…….向黄仁勋致敬，感谢英伟达的支持、信任、信心。" △发布会截图 "瞄准年规模500亿的市场" 除了资金上的合作之外，"两英"未来将互相渗透进各自的疆域—— 在英伟达的疆域里，以英伟达在去年3月发布的NVLink 72系统为例，这一系统除了搭72颗英伟达Blackwell GPU之外，还需要36颗基于Arm架构的、英伟 达专门定制的Vera CPU。而英特尔的CPU由于通过PCIe进行连接，并不支持NVLink，在数据中心市场一直缺乏竞争力。 黄仁勋在发布会上表示，两家公司的技术团队围绕解决方案的讨论和架构设计，已经开展了将近一年的时间。 刚刚上任不到半年的陈立武直言，在他上 ...

Core Viewpoint - The data center processor market is undergoing significant shifts, with AMD rapidly gaining market share in the x86 segment and Arm-based CPUs expected to grow substantially, driven by major players like NVIDIA and large-scale enterprises [3][4][6]. Group 1: AMD's Market Position - AMD is quickly capturing Intel's market share in the x86 data center processor space, with its share rising to 40% from nearly zero in 2018 [6]. - AMD's data center revenue for Q1 2025 is projected to be $3.7 billion, with server CPUs accounting for approximately $2.5 to $3 billion of that [8]. - The total shipment of server CPUs for AMD and Intel in Q3 2024 is estimated at 5.5 million units, indicating a significant annual volume [8]. Group 2: Growth of Arm-based CPUs - Arm-based CPUs are expected to capture about 15% of the data center market by the end of 2024, with projections suggesting this could rise to nearly 50% by the end of 2025 [8][12]. - Major cloud providers like Amazon, Google, and Microsoft are developing their own Arm-based CPUs, which are reported to offer significant performance and energy efficiency improvements over x86 [11][14]. - The shift towards Arm is driven by the need for optimized performance for specific workloads, particularly in large-scale computing environments [10]. Group 3: Future Projections - By 2030, the total number of data center CPUs is expected to reach approximately 48 million, with Arm's share potentially rising to 19 million [22]. - The growth of AI workloads is projected to increase by 3.5 times, while non-AI workloads will grow by 1.7 times, further influencing the demand for Arm CPUs [21]. - The trend indicates that large-scale enterprises will increasingly transition workloads from x86 to Arm, particularly as the cost-effectiveness and performance of Arm CPUs improve [22].

Group 1 - Evercore has reaffirmed "outperform" ratings for Arm Holdings and AMD based on recent market share data indicating growth in their CPU market shares [1] - Arm's market share in the server segment increased by 4% year-over-year to 10%, while AMD's share rose by 2.3% to 24% [1] - Intel's server market share declined by 6.3% year-over-year to 65%, with a quarter-over-quarter decrease of 2.1% [1] Group 2 - Looking ahead, Arm is expected to continue expanding its presence in the server market, with management projecting that up to 50% of new server chips deployed in large-scale data centers this year will use Arm architecture [2] - Companies like Nvidia, Amazon, and Google are accelerating the adoption of Arm architecture in their products, which will benefit Arm directly [2] - AMD's average selling price (ASP) has shown resilience, declining only 2% year-over-year, compared to Intel's 11% drop during the same period [2]

Jensen Huang sees a path to $1 trillion in AI infrastructure. Is Wall Street buying it?In this podcast, Motley Fool analyst Asit Sharma and host Mary Long discuss Nvidia's "Super Bowl of AI," plus:The coming generation of chips.Increased competition from hyperscalers.Partnerships in fast food, autonomous driving, and robotics.Then, we answer some listener questions about early stock analysis, how healthcare companies are using AI, and how to factor in customer experience to investment decisions.Got a questi ...