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旅行蛙
03-12
$Vertiv Holdings LLC(VRT)$
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旅行蛙
06-24
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這隻股年內已經上升55%，現在還應該購買嗎？
旅行蛙
05-31
SMCI 🚀🚀🚀
Super Micro Computer Stock: Is the 1,124% Gain Just the Beginning?
旅行蛙
05-31
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顺风之下，超微电脑将迎来高光之年？
旅行蛙
05-27
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Super Micro Computer: There's Still Gas Left In The Tank
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11:49","market":"us","language":"zh","title":"這隻股年內已經上升55%，現在還應該購買嗎？","url":"https://stock-news.laohu8.com/highlight/detail?id=1160472301","media":"老虎資訊","summary":"博通的股票在2024年迄今已上涨了60%以上，虽然比不上英伟达超过170%的涨幅，但仍然是一个惊人的成绩。在最近一次财报更新的同时，博通还宣布将在2024年7月进行10股拆1股的股票分割。在最近一个季度，博通报告了半导体销售同比增长6%。因此，博通在此期间的增长表明它正在获得大量市场份额。陈福阳表示，上季度AI专用芯片销售同比增长280%。作为一个快乐的股东，我相信博通今年的好时光将继续。","content":"<html><head></head><body><p> <a href=\"https://laohu8.com/S/AVGO\">博通</a> 和 <a href=\"https://laohu8.com/S/NVDA\">英伟达</a> 已经成为人工智能行业的两大长期增长领导者。</p><p>也许还不完全是英伟达，但顶级芯片设计师和基础设施软件提供商博通（AVGO -4.38%）也在经历自己的史诗般增长。博通的股票在2024年迄今已上涨了60%以上，虽然比不上英伟达超过170%的涨幅，但仍然是一个惊人的成绩。在这样的一年里，即使上涨“仅”60%也未能创造最佳记录！</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4a955bdb4bea89eb804e08b0e3da6acf\" tg-width=\"560\" tg-height=\"240\"/></p><p>在最近一次财报更新的同时，博通还宣布将在2024年7月进行10股拆1股的股票分割。尽管股价并不会因为拆分而改变股票的基本价值，博通已经构建了一个独特的业务模式，未来几年可能会为其股东带来更多收益。这就是为什么现在买入可能还不算晚，但也有理由保持谨慎乐观的原因。</p><h2 id=\"id_2589115007\">通过收购建立的，与其他芯片公司不同</h2><p>在CEO陈福阳的领导下，博通通过多次收购成为了一个巨头。作为总部位于新加坡的安华高公司，陈福阳在2016年主导了对博通的收购（安华高随后采用了被收购公司的名称），几年前又将公司总部迁至美国。</p><p>自2017年起，经过一系列芯片设计公司的收购，陈福阳和团队将注意力转向了企业软件业务的收购。这 culminated in the purchase of top cloud management software provider VMware in 2023.</p><p>这里的重点是，博通在收购许多芯片技术并出色地管理它们（特别是在盈利能力方面）方面的卓越表现，使其在人工智能（AI）基础设施繁荣中处于关键位置。虽然英伟达在全新的AI训练数据中心市场中开创并占据主导地位，但随着大型数据中心运营商开始应对在现有数据中心日常使用AI的挑战，许多人转向了博通的高效芯片设计专长和企业软件。</p><p>在最近一个季度（2024财年第二季度，截止于5月5日的三个月期间），博通报告了半导体销售同比增长6%。这听起来不算多，但除去人工智能（AI）基础设施，大部分半导体行业仍处于深度衰退中。因此，博通在此期间的增长表明它正在获得大量市场份额。陈福阳表示，上季度AI专用芯片销售同比增长280%。</p><h2 id=\"id_3495298692\">一项存在许多问号的巨额收购</h2><p>除了所有关于AI芯片的喧嚣之外，VMware也被混入了博通的软件部门——该部门现在占总收入的约40%。VMware曾是一个关键的云软件提供商，支持数据中心的计算能力被分割和分配给希望“租用”计算能力的公司，但它是一个平淡无奇的软件投资。陈福阳和团队正试图迅速改变这种状况，主要是通过重组VMware的合作伙伴计划（顾问等转售VMware产品给实际终端客户）。</p><p>像过去的软件收购一样，博通专注于其最大的、最有利可图的VMware关系。陈福阳在最近的财报电话会议上表示，旧的合作伙伴计划让VMware陷入“混乱”，因此解决这些问题（即使VMware显著更具盈利能力）同样是一项复杂的任务。</p><p>好消息是，即使超出今年的实际VMware特定收入增长可能不是一个重要因素，VMware确实开始变得更有利可图了。尽管如此，上季度博通的调整后息税折旧摊销前利润（EBITDA）为61%。一旦整合费用在明年大部分完成，VMware可能会帮助博通的自由现金流利润率接近50%，就像去年一样（2023年总的自由现金流利润率为令人难以置信的49%，而上季度为36%）。</p><p>即使在其令人难以置信的增长之后，博通的交易价格看起来还是合理的，为过去12个月自由现金流的44倍。这是一个溢价，但如果公司继续实现AI半导体增长并从其大型软件部门释放现金，这个溢价可能会大大降低。</p><p>另一个需要注意的原因是博通为收购VMware而承担的大量债务。总债务现在为740亿美元，不过管理层表示计划每季度还债约20亿美元。</p><p>作为一个快乐的股东，我相信博通今年的好时光将继续。随着2024年的进展，请继续关注VMware的进展及相关的债务负担。</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>這隻股年內已經上升55%，現在還應該購買嗎？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n這隻股年內已經上升55%，現在還應該購買嗎？\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1059071526\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎資訊 </p>\n<p class=\"h-time\">2024-06-24 11:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p> <a href=\"https://laohu8.com/S/AVGO\">博通</a> 和 <a href=\"https://laohu8.com/S/NVDA\">英伟达</a> 已经成为人工智能行业的两大长期增长领导者。</p><p>也许还不完全是英伟达，但顶级芯片设计师和基础设施软件提供商博通（AVGO -4.38%）也在经历自己的史诗般增长。博通的股票在2024年迄今已上涨了60%以上，虽然比不上英伟达超过170%的涨幅，但仍然是一个惊人的成绩。在这样的一年里，即使上涨“仅”60%也未能创造最佳记录！</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4a955bdb4bea89eb804e08b0e3da6acf\" tg-width=\"560\" tg-height=\"240\"/></p><p>在最近一次财报更新的同时，博通还宣布将在2024年7月进行10股拆1股的股票分割。尽管股价并不会因为拆分而改变股票的基本价值，博通已经构建了一个独特的业务模式，未来几年可能会为其股东带来更多收益。这就是为什么现在买入可能还不算晚，但也有理由保持谨慎乐观的原因。</p><h2 id=\"id_2589115007\">通过收购建立的，与其他芯片公司不同</h2><p>在CEO陈福阳的领导下，博通通过多次收购成为了一个巨头。作为总部位于新加坡的安华高公司，陈福阳在2016年主导了对博通的收购（安华高随后采用了被收购公司的名称），几年前又将公司总部迁至美国。</p><p>自2017年起，经过一系列芯片设计公司的收购，陈福阳和团队将注意力转向了企业软件业务的收购。这 culminated in the purchase of top cloud management software provider VMware in 2023.</p><p>这里的重点是，博通在收购许多芯片技术并出色地管理它们（特别是在盈利能力方面）方面的卓越表现，使其在人工智能（AI）基础设施繁荣中处于关键位置。虽然英伟达在全新的AI训练数据中心市场中开创并占据主导地位，但随着大型数据中心运营商开始应对在现有数据中心日常使用AI的挑战，许多人转向了博通的高效芯片设计专长和企业软件。</p><p>在最近一个季度（2024财年第二季度，截止于5月5日的三个月期间），博通报告了半导体销售同比增长6%。这听起来不算多，但除去人工智能（AI）基础设施，大部分半导体行业仍处于深度衰退中。因此，博通在此期间的增长表明它正在获得大量市场份额。陈福阳表示，上季度AI专用芯片销售同比增长280%。</p><h2 id=\"id_3495298692\">一项存在许多问号的巨额收购</h2><p>除了所有关于AI芯片的喧嚣之外，VMware也被混入了博通的软件部门——该部门现在占总收入的约40%。VMware曾是一个关键的云软件提供商，支持数据中心的计算能力被分割和分配给希望“租用”计算能力的公司，但它是一个平淡无奇的软件投资。陈福阳和团队正试图迅速改变这种状况，主要是通过重组VMware的合作伙伴计划（顾问等转售VMware产品给实际终端客户）。</p><p>像过去的软件收购一样，博通专注于其最大的、最有利可图的VMware关系。陈福阳在最近的财报电话会议上表示，旧的合作伙伴计划让VMware陷入“混乱”，因此解决这些问题（即使VMware显著更具盈利能力）同样是一项复杂的任务。</p><p>好消息是，即使超出今年的实际VMware特定收入增长可能不是一个重要因素，VMware确实开始变得更有利可图了。尽管如此，上季度博通的调整后息税折旧摊销前利润（EBITDA）为61%。一旦整合费用在明年大部分完成，VMware可能会帮助博通的自由现金流利润率接近50%，就像去年一样（2023年总的自由现金流利润率为令人难以置信的49%，而上季度为36%）。</p><p>即使在其令人难以置信的增长之后，博通的交易价格看起来还是合理的，为过去12个月自由现金流的44倍。这是一个溢价，但如果公司继续实现AI半导体增长并从其大型软件部门释放现金，这个溢价可能会大大降低。</p><p>另一个需要注意的原因是博通为收购VMware而承担的大量债务。总债务现在为740亿美元，不过管理层表示计划每季度还债约20亿美元。</p><p>作为一个快乐的股东，我相信博通今年的好时光将继续。随着2024年的进展，请继续关注VMware的进展及相关的债务负担。</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/347452cc99fb488c45ccd900fcf3aa20","relate_stocks":{"AVGO":"博通"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160472301","content_text":"博通 和 英伟达 已经成为人工智能行业的两大长期增长领导者。也许还不完全是英伟达，但顶级芯片设计师和基础设施软件提供商博通（AVGO -4.38%）也在经历自己的史诗般增长。博通的股票在2024年迄今已上涨了60%以上，虽然比不上英伟达超过170%的涨幅，但仍然是一个惊人的成绩。在这样的一年里，即使上涨“仅”60%也未能创造最佳记录！在最近一次财报更新的同时，博通还宣布将在2024年7月进行10股拆1股的股票分割。尽管股价并不会因为拆分而改变股票的基本价值，博通已经构建了一个独特的业务模式，未来几年可能会为其股东带来更多收益。这就是为什么现在买入可能还不算晚，但也有理由保持谨慎乐观的原因。通过收购建立的，与其他芯片公司不同在CEO陈福阳的领导下，博通通过多次收购成为了一个巨头。作为总部位于新加坡的安华高公司，陈福阳在2016年主导了对博通的收购（安华高随后采用了被收购公司的名称），几年前又将公司总部迁至美国。自2017年起，经过一系列芯片设计公司的收购，陈福阳和团队将注意力转向了企业软件业务的收购。这 culminated in the purchase of top cloud management software provider VMware in 2023.这里的重点是，博通在收购许多芯片技术并出色地管理它们（特别是在盈利能力方面）方面的卓越表现，使其在人工智能（AI）基础设施繁荣中处于关键位置。虽然英伟达在全新的AI训练数据中心市场中开创并占据主导地位，但随着大型数据中心运营商开始应对在现有数据中心日常使用AI的挑战，许多人转向了博通的高效芯片设计专长和企业软件。在最近一个季度（2024财年第二季度，截止于5月5日的三个月期间），博通报告了半导体销售同比增长6%。这听起来不算多，但除去人工智能（AI）基础设施，大部分半导体行业仍处于深度衰退中。因此，博通在此期间的增长表明它正在获得大量市场份额。陈福阳表示，上季度AI专用芯片销售同比增长280%。一项存在许多问号的巨额收购除了所有关于AI芯片的喧嚣之外，VMware也被混入了博通的软件部门——该部门现在占总收入的约40%。VMware曾是一个关键的云软件提供商，支持数据中心的计算能力被分割和分配给希望“租用”计算能力的公司，但它是一个平淡无奇的软件投资。陈福阳和团队正试图迅速改变这种状况，主要是通过重组VMware的合作伙伴计划（顾问等转售VMware产品给实际终端客户）。像过去的软件收购一样，博通专注于其最大的、最有利可图的VMware关系。陈福阳在最近的财报电话会议上表示，旧的合作伙伴计划让VMware陷入“混乱”，因此解决这些问题（即使VMware显著更具盈利能力）同样是一项复杂的任务。好消息是，即使超出今年的实际VMware特定收入增长可能不是一个重要因素，VMware确实开始变得更有利可图了。尽管如此，上季度博通的调整后息税折旧摊销前利润（EBITDA）为61%。一旦整合费用在明年大部分完成，VMware可能会帮助博通的自由现金流利润率接近50%，就像去年一样（2023年总的自由现金流利润率为令人难以置信的49%，而上季度为36%）。即使在其令人难以置信的增长之后，博通的交易价格看起来还是合理的，为过去12个月自由现金流的44倍。这是一个溢价，但如果公司继续实现AI半导体增长并从其大型软件部门释放现金，这个溢价可能会大大降低。另一个需要注意的原因是博通为收购VMware而承担的大量债务。总债务现在为740亿美元，不过管理层表示计划每季度还债约20亿美元。作为一个快乐的股东，我相信博通今年的好时光将继续。随着2024年的进展，请继续关注VMware的进展及相关的债务负担。","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311840162320696,"gmtCreate":1717158663358,"gmtModify":1717163080984,"author":{"id":"3562839524718897","authorId":"3562839524718897","authorIdStr":"3562839524718897","name":"旅行蛙","avatar":"https://static.tigerbbs.com/141de2e30f8b2c0e13678c64cfd16ea4","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562839524718897"},"themes":[],"htmlText":"SMCI 🚀🚀🚀","listText":"SMCI 🚀🚀🚀","text":"SMCI 🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311840162320696","repostId":"2439621259","repostType":2,"repost":{"id":"2439621259","pubTimestamp":1717122285,"share":"https://ttm.financial/m/news/2439621259?lang=&edition=fundamental","pubTime":"2024-05-31 10:24","market":"us","language":"en","title":"Super Micro Computer Stock: Is the 1,124% Gain Just the Beginning?","url":"https://stock-news.laohu8.com/highlight/detail?id=2439621259","media":"InvestorPlace","summary":"Super Micro Computer stock has ridden the AI wave higher than anyone else and Wall Street is worried whether it can contineu to lead.","content":"<ul style=\"\"><li><p><a href=\"https://laohu8.com/S/SMCI\">Super Micro Computer</a> stock has beaten every other AI stock, including Nvidia since the phenomenon began.</p></li><li><p>Its latest quarterly earnings report underscored its industry dominance as sales exploded from last year.</p></li><li><p>Wall Street is worried it won’t be able to capitalize on this growth in one key area and that represents opportunity for investors.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/263b00bf1db250d9136633f5220c9185\" alt=\"Source: rafapress / Shutterstock.com\" title=\"Source: rafapress / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"><span>Source: rafapress / Shutterstock.com</span></p><p>There is only one stock that can make the gains made by Nvidia over the past three years look paltry in comparison. Super Micro Computer stock has returned 1,124% for investors since the artificial intelligence (AI) boom began in late 2022. Nvidia returned 741%.</p><p>Where Nvidia is the face of AI with its powerful semiconductors that can handle the complex processing demands the technology requires, Super Micro Computer is the face of data center servers deploying AI chips. Supermicro, as it’s known, is famous for making the data center hardware more rapidly adapt to the new requirements of chips better than the competition. And therein lies the risk.</p><h3 id=\"id_1152741320\">Blowout Numbers for Nothing</h3><p>Super Micro Computers reported stellar fiscal third-quarter results at the end of April that showed sales of servers, storage, and other systems for cloud-to-edge customers tripled from last year and were up 5% sequentially. Profits more than quadrupled to $406 million year-over-year and were 35% higher from the fiscal second quarter.</p><p>President and CEO Charles Liang said, “Strong demand for AI rack scale (plug-and-play) solutions, along with our team’s ability to develop innovative (direct liquid cooling) designs, enabled us to expand our market leadership in AI infrastructure.”</p><p>Yet it wasn’t enough for Wall Street. Super Micro Computer stock plummeted 17% and dragged down much of the tech sector with it. Nvidia stock was down 5%. But where much of the rest of the industry recovered (NVDA is 30% higher), Supermicro stock remains 2% below where it stood before the quarterly earnings report.</p><p>Why hasn’t Super Micro Computer stock recovered like everyone else? Profit margins.</p><h3 id=\"id_2942138264\">Entering a More Competitive Environment</h3><p>Although Supermicro’s gross margins inched higher to 15.5% from 15.4% in the second quarter, they plunged 210 basis points from the year-ago period. That might not improve going forward. Because the hardware maker is competitively priced in an increasingly competitive market, Supermicro might not see any margin improvements. Gross margins could sit in the 15% range and may even deteriorate further.</p><p>In a bid to maintain its growing market share in the rack scale server market, Supermicro faces some bigger, better-financed rivals that will want to increase their own share in the space. </p><p>And despite Supermicro’s ability to quickly adapt new chip technologies to data center needs, the gap with the competition is narrowing. The hardware maker may need to become more competitive in terms of price to maintain its current dominant position atop the market. As there is not all that much differentiation between rival components and its own, Wall Street is questioning Supermicro’s near-term profitability lead.</p><h3 id=\"id_3952849407\">Innovations That Make a Defining Difference</h3><p>There seems little question Super Micro Computer will be able to keep growing sales in the data center market simply because of the massive demands from hyperscalers scooping up AI accelerators. But it is not likely to see margins expand in the same manner.</p><p>That helps explain why analyst one-year consensus price target on Super Micro Computer stock is just $954 per share. Its just 9% above where SMCI currently trades but 22% below the all-time high hit back in early March.</p><p>But I think that’s an opportunity for aggressive investors. Super Micro Computer is developing an innovative lead in its own technologies, such as direct liquid cooling. Liang told analysts last month that it is now ready for high-volume production of its latest iteration.</p><p>DLC innovations allow Supermicro customers to save money cooling expenses as well as data center space. Data center energy consumption is one of the biggest future hurdles the industry faces and Supermicro can help mitigate much of those concerns, keeping it in its leadership role.</p><h3 id=\"id_4277662067\">A Hidden Opportunity</h3><p>With Wall Street expecting Supermicro to grow earnings at a compounded annual growth rate of 62% for the next five years, it means Super Micro Computer stock is trading at just a fraction to that rate. And although it deserves the premium it sports across other metrics, shares trade at only 25 times next year’s earnings estimates.</p><p>Super Micro Computer stock is really offered at a discounted valuation now. Investors may want to use the opportunity to buy now before Wall Street realizes its error.</p>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Computer Stock: Is the 1,124% Gain Just the Beginning?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Computer Stock: Is the 1,124% Gain Just the Beginning?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-31 10:24 GMT+8 <a href=https://investorplace.com/2024/05/super-micro-computer-stock-is-the-1124-gain-just-the-beginning/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Super Micro Computer stock has beaten every other AI stock, including Nvidia since the phenomenon began.Its latest quarterly earnings report underscored its industry dominance as sales exploded from ...</p>\n\n<a href=\"https://investorplace.com/2024/05/super-micro-computer-stock-is-the-1124-gain-just-the-beginning/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4592":"伊斯兰概念","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4587":"ChatGPT概念","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","SMCI":"超微电脑","BK4527":"明星科技股","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4588":"碎股","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4141":"半导体产品","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","BK4503":"景林资产持仓","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4551":"寇图资本持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0072462426.USD":"贝莱德全球配置 A2","LU0079474960.USD":"联博美国增长基金A","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0080751232.USD":"富达环球多元动力基金A","LU0056508442.USD":"贝莱德世界科技基金A2","BK4581":"高盛持仓","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0109392836.USD":"富兰克林科技股A","BK4529":"IDC概念","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","LU0175139822.USD":"AB FCP I Global Equity Blend A USD"},"source_url":"https://investorplace.com/2024/05/super-micro-computer-stock-is-the-1124-gain-just-the-beginning/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2439621259","content_text":"Super Micro Computer stock has beaten every other AI stock, including Nvidia since the phenomenon began.Its latest quarterly earnings report underscored its industry dominance as sales exploded from last year.Wall Street is worried it won’t be able to capitalize on this growth in one key area and that represents opportunity for investors.Source: rafapress / Shutterstock.comThere is only one stock that can make the gains made by Nvidia over the past three years look paltry in comparison. Super Micro Computer stock has returned 1,124% for investors since the artificial intelligence (AI) boom began in late 2022. Nvidia returned 741%.Where Nvidia is the face of AI with its powerful semiconductors that can handle the complex processing demands the technology requires, Super Micro Computer is the face of data center servers deploying AI chips. Supermicro, as it’s known, is famous for making the data center hardware more rapidly adapt to the new requirements of chips better than the competition. And therein lies the risk.Blowout Numbers for NothingSuper Micro Computers reported stellar fiscal third-quarter results at the end of April that showed sales of servers, storage, and other systems for cloud-to-edge customers tripled from last year and were up 5% sequentially. Profits more than quadrupled to $406 million year-over-year and were 35% higher from the fiscal second quarter.President and CEO Charles Liang said, “Strong demand for AI rack scale (plug-and-play) solutions, along with our team’s ability to develop innovative (direct liquid cooling) designs, enabled us to expand our market leadership in AI infrastructure.”Yet it wasn’t enough for Wall Street. Super Micro Computer stock plummeted 17% and dragged down much of the tech sector with it. Nvidia stock was down 5%. But where much of the rest of the industry recovered (NVDA is 30% higher), Supermicro stock remains 2% below where it stood before the quarterly earnings report.Why hasn’t Super Micro Computer stock recovered like everyone else? Profit margins.Entering a More Competitive EnvironmentAlthough Supermicro’s gross margins inched higher to 15.5% from 15.4% in the second quarter, they plunged 210 basis points from the year-ago period. That might not improve going forward. Because the hardware maker is competitively priced in an increasingly competitive market, Supermicro might not see any margin improvements. Gross margins could sit in the 15% range and may even deteriorate further.In a bid to maintain its growing market share in the rack scale server market, Supermicro faces some bigger, better-financed rivals that will want to increase their own share in the space. And despite Supermicro’s ability to quickly adapt new chip technologies to data center needs, the gap with the competition is narrowing. The hardware maker may need to become more competitive in terms of price to maintain its current dominant position atop the market. As there is not all that much differentiation between rival components and its own, Wall Street is questioning Supermicro’s near-term profitability lead.Innovations That Make a Defining DifferenceThere seems little question Super Micro Computer will be able to keep growing sales in the data center market simply because of the massive demands from hyperscalers scooping up AI accelerators. But it is not likely to see margins expand in the same manner.That helps explain why analyst one-year consensus price target on Super Micro Computer stock is just $954 per share. Its just 9% above where SMCI currently trades but 22% below the all-time high hit back in early March.But I think that’s an opportunity for aggressive investors. Super Micro Computer is developing an innovative lead in its own technologies, such as direct liquid cooling. Liang told analysts last month that it is now ready for high-volume production of its latest iteration.DLC innovations allow Supermicro customers to save money cooling expenses as well as data center space. Data center energy consumption is one of the biggest future hurdles the industry faces and Supermicro can help mitigate much of those concerns, keeping it in its leadership role.A Hidden OpportunityWith Wall Street expecting Supermicro to grow earnings at a compounded annual growth rate of 62% for the next five years, it means Super Micro Computer stock is trading at just a fraction to that rate. And although it deserves the premium it sports across other metrics, shares trade at only 25 times next year’s earnings estimates.Super Micro Computer stock is really offered at a discounted valuation now. Investors may want to use the opportunity to buy now before Wall Street realizes its error.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311839113973896,"gmtCreate":1717158456933,"gmtModify":1717163076910,"author":{"id":"3562839524718897","authorId":"3562839524718897","authorIdStr":"3562839524718897","name":"旅行蛙","avatar":"https://static.tigerbbs.com/141de2e30f8b2c0e13678c64cfd16ea4","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562839524718897"},"themes":[],"htmlText":"🚀🚀🚀","listText":"🚀🚀🚀","text":"🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311839113973896","repostId":"1121907128","repostType":2,"repost":{"id":"1121907128","pubTimestamp":1717148473,"share":"https://ttm.financial/m/news/1121907128?lang=&edition=fundamental","pubTime":"2024-05-31 17:41","market":"us","language":"zh","title":"顺风之下，超微电脑将迎来高光之年？","url":"https://stock-news.laohu8.com/highlight/detail?id=1121907128","media":"华尔街大事件","summary":"如果Hopper需求放缓，那么超微电脑的收入可能会在未来几个季度停滞不前。但随着Hopper继续保持增长轨迹，超微电脑似乎有望在今年剩余时间内继续保持连续增长。同样，这对超微电脑来说可能是件好事。相比之下，前三个季度的财报电话会议上，提及次数为零。此外，超微电脑已准备好产品。这将为超微电脑带来进一步的收入增长。芯片制造商之间的竞争加剧可能会增加超微电脑的上市时间优势的价值。","content":"<html><head></head><body><blockquote><p>分析师认为下面三个条件将有利于<a href=\"https://laohu8.com/S/SMCI\">超微电脑</a>今年及以后保持强劲增长：</p></blockquote><p style=\"text-align: justify;\"><strong>人工智能硬件市场不断扩大。</strong></p><p style=\"text-align: justify;\"><strong>随着能耗/GPU的增加，对液体冷却的需求也不断扩大。</strong></p><p style=\"text-align: justify;\"><strong>随着芯片制造商之间的竞争愈演愈烈，产品上市时间变得越来越重要。</strong></p><p style=\"text-align: justify;\"><a href=\"https://laohu8.com/S/NVDA\">英伟达</a>最近的收益对超微电脑投资者具有重大意义，因为英伟达似乎证实了这三种趋势现在都对当今AI基础设施的建设产生了重大影响。因此，<strong>超微电脑的增长速度可能比预期的要快，至少在2025年之前可能会产生超额回报。</strong></p><p style=\"text-align: justify;\">英伟达的最新收益再次超出预期，该公司继续看到数据中心GPU的强劲需求。在财报电话会议上，英伟达管理层透露，上个季度对其当前一代Hopper GPU的需求“持续增长”。有人担心，3月份发布的下一代Blackwell GPU可能会减缓对Hopper的需求，因为客户正在等待下一代产品。看来这种影响还不足以阻止Hopper的增长，因为英伟达本季度再次预测了连续增长。</p><p style=\"text-align: justify;\">Hopper的强劲需求（和不断扩大的供应）似乎对超微电脑有利。如果Hopper需求放缓，那么超微电脑的收入可能会在未来几个季度停滞不前。但随着Hopper继续保持增长轨迹，超微电脑似乎有望在今年剩余时间内继续保持连续增长。</p><p style=\"text-align: justify;\">其次，英伟达还向投资者介绍了其下一代Blackwell GPU。Nvidia透露，“Blackwell已全面投入生产”，该公司预计“今年Blackwell的收入将大幅增加”。此外，“Blackwell将在发布时出现在100多个OEM和ODM系统中，数量是Hopper的两倍多，涵盖了全球所有主要的计算机制造商。”</p><p style=\"text-align: justify;\">当Blackwell宣布上市时，有人怀疑它能否在今年产生巨大的财务影响。半导体产量的提升往往需要相当长的时间，因此这种怀疑是有道理的。尽管如此，看起来英伟达的增产速度比预期的要快得多，尽管我们不知道“Blackwell带来大量收入”的具体含义，但Blackwell似乎很快就会成为英伟达产出的重要组成部分。</p><p style=\"text-align: justify;\">同样，这对超微电脑来说可能是件好事。Blackwell的性能和能效将远高于Hopper，因此对它的需求应该会很强劲。我们还从各大云服务提供商那里听说，他们今年和明年将在AI基础设施上投入巨资。Blackwell GPU的价格也将高于Hopper GPU。所有这些因素都表明，Blackwell比预期更早的到来应该对超微电脑明年的营收增长有利（也许Blackwell在今年年底也会做出一些贡献）。</p><p style=\"text-align: justify;\">为了支持更高的计算性能，数据中心GPU的功耗不断增加。例如，英伟达的下一代B200加速器将消耗1,000瓦电力，而下一代B100和当前一代H100的功耗为700瓦，上一代A100的功耗为400瓦。随着功耗的增加，产生的热量也会增加，这进一步提高了在数据中心安装液体冷却系统的技术和经济价值。超微电脑已经在这一领域拥有经验，并提供各种液体冷却解决方案。未来几年对液体冷却的需求增加可能有助于超微电脑增加其对数据中心“经济”的附加值，这可能会进一步促进公司的营收增长。</p><p style=\"text-align: justify;\">根据英伟达管理层的评论，现在看来液体冷却可能会在Blackwell上开始流行。我之前不确定Blackwell的散热问题是否会达到临界点，或者我们是否必须等待下一代。现在我认为Blackwell就是临界点。</p><p style=\"text-align: justify;\">英伟达管理层在财报电话会议上6次提到了液体冷却（一次是主动提及，其余都是在回答问题时提及）。相比之下，前三个季度的财报电话会议上，提及次数为零。提及次数增加是一个好兆头，而且讨论的内容更加积极。以下是最重要的一点：</p><blockquote><p>我们也一直在为整个生态系统做好准备，为液体冷却做好准备。我们已经与生态系统讨论Blackwell很长时间了。还有CSP[云服务提供商]、数据中心、ODM、系统制造商、我们的供应链、冷却供应链基础、液体冷却供应链基础、数据中心供应链基础……</p></blockquote><p style=\"text-align: justify;\">这一举措的理由似乎正如讨论的那样，即随着能源消耗的增加，安装更高效的冷却系统变得更具经济价值：CPU的集成和计算密度的大幅压缩，液体冷却将为数据中心节省大量电力配置成本，更不用说更节能了。所以这是一个更好的解决方案。</p><p style=\"text-align: justify;\">从评论来看，数据中心行业确实在齐心协力向液体冷却迈进。此外，超微电脑已准备好产品。在最近的财报电话会议上，超微电脑管理层宣布，他们的“新DLC[直接液体冷却]液体冷却构建块和机架级整体解决方案技术终于准备好进行大批量生产。”超微电脑声称“有望每月生产超过2,000个AI服务器液冷DLC机架，产量稳步增长。”他们的总产能约为每月5,000个机架，因此随着数据中心在未来几个季度开始这一转变，他们应该准备好相当可观的液体冷却供应。这将为超微电脑带来进一步的收入增长。</p><p style=\"text-align: justify;\">芯片制造商之间的竞争加剧可能会增加超微电脑的上市时间优势的价值。随着芯片制造商之间的竞争日趋激烈，他们纷纷加速AI路线图的推进，超微电脑在先入市场方面的优势可能会变得更有价值。对于高性能芯片而言，时机就是一切：如果来得太晚，再好的芯片设计也会失去部分或大部分价值。因此，例如，如果超微电脑能够比其他OEM提前一个季度将基于AMD下一代MI400加速器的系统推向市场，那么这将对帮助AMD保持竞争力做出不小的贡献。英伟达或<a href=\"https://laohu8.com/S/INTC\">英特尔</a>也可能有类似的理由。随着高性能芯片市场的增长以及芯片制造商全力以赴保持竞争力，超微电脑作为合作伙伴的重要性可能会继续增加。</p><p style=\"text-align: justify;\">英伟达首席执行官黄仁勋在最近的财报电话会议上发表的评论进一步增强了此观点的信心：</p><blockquote><p>让我举个例子来说明时间是多么宝贵，为什么立即建立数据中心的想法如此宝贵，为什么获得所谓的训练时间如此宝贵。原因是，下一家达到下一个重大里程碑的公司可以宣布一项突破性的人工智能。而第二家公司可以宣布一项比这好0.3%的东西。所以问题是，你想成为不断提供突破性人工智能的公司，还是不断提供比这好0.3%的公司？这就是为什么这场竞赛，就像所有技术竞赛一样，如此重要的原因……领导力非常重要。培训时间非常重要……提前三个月开始是最重要的。</p></blockquote><p style=\"text-align: justify;\">虽然黄仁勋谈论的是人工智能软件公司之间的竞争，但我们很容易看出，这种竞争也会给芯片制造商和OEM带来压力，迫使他们尽快交付硬件。如果软件公司时间紧迫，那么他们应该倾向于选择那些能够尽快为他们提供最新硬件（安装完毕并投入使用）的芯片制造商/OEM。</p><p style=\"text-align: justify;\">因此，如果英伟达想要保持其竞争地位，那么它应该倾向于高度重视与超微电脑的合作伙伴关系，因为后者能够快速将系统推向市场并建立和运行数据中心。从战略上讲，英伟达没有任何理由放弃超微电脑。</p><p style=\"text-align: justify;\">考虑到此后的所有发展，2025年很可能是超微电脑又一个强劲增长的一年。2024年的增长也可能比分析师之前的估计要强一些。</p></body></html>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>顺风之下，超微电脑将迎来高光之年？</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n顺风之下，超微电脑将迎来高光之年？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-31 17:41 北京时间 <a href=https://mp.weixin.qq.com/s/lKqCjY7eboiIkJY8UA0j-g><strong>华尔街大事件</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>分析师认为下面三个条件将有利于超微电脑今年及以后保持强劲增长：人工智能硬件市场不断扩大。随着能耗/GPU的增加，对液体冷却的需求也不断扩大。随着芯片制造商之间的竞争愈演愈烈，产品上市时间变得越来越重要。英伟达最近的收益对超微电脑投资者具有重大意义，因为英伟达似乎证实了这三种趋势现在都对当今AI基础设施的建设产生了重大影响。因此，超微电脑的增长速度可能比预期的要快，至少在2025年之前可能会产生超额...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/lKqCjY7eboiIkJY8UA0j-g\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4bdda636b72893b42986cfd262728b58","relate_stocks":{"BK4588":"碎股","SMCI":"超微电脑","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4170":"电脑硬件、储存设备及电脑周边","BK4585":"ETF&股票定投概念"},"source_url":"https://mp.weixin.qq.com/s/lKqCjY7eboiIkJY8UA0j-g","is_english":false,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1121907128","content_text":"分析师认为下面三个条件将有利于超微电脑今年及以后保持强劲增长：人工智能硬件市场不断扩大。随着能耗/GPU的增加，对液体冷却的需求也不断扩大。随着芯片制造商之间的竞争愈演愈烈，产品上市时间变得越来越重要。英伟达最近的收益对超微电脑投资者具有重大意义，因为英伟达似乎证实了这三种趋势现在都对当今AI基础设施的建设产生了重大影响。因此，超微电脑的增长速度可能比预期的要快，至少在2025年之前可能会产生超额回报。英伟达的最新收益再次超出预期，该公司继续看到数据中心GPU的强劲需求。在财报电话会议上，英伟达管理层透露，上个季度对其当前一代Hopper GPU的需求“持续增长”。有人担心，3月份发布的下一代Blackwell GPU可能会减缓对Hopper的需求，因为客户正在等待下一代产品。看来这种影响还不足以阻止Hopper的增长，因为英伟达本季度再次预测了连续增长。Hopper的强劲需求（和不断扩大的供应）似乎对超微电脑有利。如果Hopper需求放缓，那么超微电脑的收入可能会在未来几个季度停滞不前。但随着Hopper继续保持增长轨迹，超微电脑似乎有望在今年剩余时间内继续保持连续增长。其次，英伟达还向投资者介绍了其下一代Blackwell GPU。Nvidia透露，“Blackwell已全面投入生产”，该公司预计“今年Blackwell的收入将大幅增加”。此外，“Blackwell将在发布时出现在100多个OEM和ODM系统中，数量是Hopper的两倍多，涵盖了全球所有主要的计算机制造商。”当Blackwell宣布上市时，有人怀疑它能否在今年产生巨大的财务影响。半导体产量的提升往往需要相当长的时间，因此这种怀疑是有道理的。尽管如此，看起来英伟达的增产速度比预期的要快得多，尽管我们不知道“Blackwell带来大量收入”的具体含义，但Blackwell似乎很快就会成为英伟达产出的重要组成部分。同样，这对超微电脑来说可能是件好事。Blackwell的性能和能效将远高于Hopper，因此对它的需求应该会很强劲。我们还从各大云服务提供商那里听说，他们今年和明年将在AI基础设施上投入巨资。Blackwell GPU的价格也将高于Hopper GPU。所有这些因素都表明，Blackwell比预期更早的到来应该对超微电脑明年的营收增长有利（也许Blackwell在今年年底也会做出一些贡献）。为了支持更高的计算性能，数据中心GPU的功耗不断增加。例如，英伟达的下一代B200加速器将消耗1,000瓦电力，而下一代B100和当前一代H100的功耗为700瓦，上一代A100的功耗为400瓦。随着功耗的增加，产生的热量也会增加，这进一步提高了在数据中心安装液体冷却系统的技术和经济价值。超微电脑已经在这一领域拥有经验，并提供各种液体冷却解决方案。未来几年对液体冷却的需求增加可能有助于超微电脑增加其对数据中心“经济”的附加值，这可能会进一步促进公司的营收增长。根据英伟达管理层的评论，现在看来液体冷却可能会在Blackwell上开始流行。我之前不确定Blackwell的散热问题是否会达到临界点，或者我们是否必须等待下一代。现在我认为Blackwell就是临界点。英伟达管理层在财报电话会议上6次提到了液体冷却（一次是主动提及，其余都是在回答问题时提及）。相比之下，前三个季度的财报电话会议上，提及次数为零。提及次数增加是一个好兆头，而且讨论的内容更加积极。以下是最重要的一点：我们也一直在为整个生态系统做好准备，为液体冷却做好准备。我们已经与生态系统讨论Blackwell很长时间了。还有CSP[云服务提供商]、数据中心、ODM、系统制造商、我们的供应链、冷却供应链基础、液体冷却供应链基础、数据中心供应链基础……这一举措的理由似乎正如讨论的那样，即随着能源消耗的增加，安装更高效的冷却系统变得更具经济价值：CPU的集成和计算密度的大幅压缩，液体冷却将为数据中心节省大量电力配置成本，更不用说更节能了。所以这是一个更好的解决方案。从评论来看，数据中心行业确实在齐心协力向液体冷却迈进。此外，超微电脑已准备好产品。在最近的财报电话会议上，超微电脑管理层宣布，他们的“新DLC[直接液体冷却]液体冷却构建块和机架级整体解决方案技术终于准备好进行大批量生产。”超微电脑声称“有望每月生产超过2,000个AI服务器液冷DLC机架，产量稳步增长。”他们的总产能约为每月5,000个机架，因此随着数据中心在未来几个季度开始这一转变，他们应该准备好相当可观的液体冷却供应。这将为超微电脑带来进一步的收入增长。芯片制造商之间的竞争加剧可能会增加超微电脑的上市时间优势的价值。随着芯片制造商之间的竞争日趋激烈，他们纷纷加速AI路线图的推进，超微电脑在先入市场方面的优势可能会变得更有价值。对于高性能芯片而言，时机就是一切：如果来得太晚，再好的芯片设计也会失去部分或大部分价值。因此，例如，如果超微电脑能够比其他OEM提前一个季度将基于AMD下一代MI400加速器的系统推向市场，那么这将对帮助AMD保持竞争力做出不小的贡献。英伟达或英特尔也可能有类似的理由。随着高性能芯片市场的增长以及芯片制造商全力以赴保持竞争力，超微电脑作为合作伙伴的重要性可能会继续增加。英伟达首席执行官黄仁勋在最近的财报电话会议上发表的评论进一步增强了此观点的信心：让我举个例子来说明时间是多么宝贵，为什么立即建立数据中心的想法如此宝贵，为什么获得所谓的训练时间如此宝贵。原因是，下一家达到下一个重大里程碑的公司可以宣布一项突破性的人工智能。而第二家公司可以宣布一项比这好0.3%的东西。所以问题是，你想成为不断提供突破性人工智能的公司，还是不断提供比这好0.3%的公司？这就是为什么这场竞赛，就像所有技术竞赛一样，如此重要的原因……领导力非常重要。培训时间非常重要……提前三个月开始是最重要的。虽然黄仁勋谈论的是人工智能软件公司之间的竞争，但我们很容易看出，这种竞争也会给芯片制造商和OEM带来压力，迫使他们尽快交付硬件。如果软件公司时间紧迫，那么他们应该倾向于选择那些能够尽快为他们提供最新硬件（安装完毕并投入使用）的芯片制造商/OEM。因此，如果英伟达想要保持其竞争地位，那么它应该倾向于高度重视与超微电脑的合作伙伴关系，因为后者能够快速将系统推向市场并建立和运行数据中心。从战略上讲，英伟达没有任何理由放弃超微电脑。考虑到此后的所有发展，2025年很可能是超微电脑又一个强劲增长的一年。2024年的增长也可能比分析师之前的估计要强一些。","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":310386786930712,"gmtCreate":1716787454960,"gmtModify":1716791865514,"author":{"id":"3562839524718897","authorId":"3562839524718897","authorIdStr":"3562839524718897","name":"旅行蛙","avatar":"https://static.tigerbbs.com/141de2e30f8b2c0e13678c64cfd16ea4","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562839524718897"},"themes":[],"htmlText":"🚀🚀🚀","listText":"🚀🚀🚀","text":"🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310386786930712","repostId":"2437052520","repostType":2,"repost":{"id":"2437052520","pubTimestamp":1716776237,"share":"https://ttm.financial/m/news/2437052520?lang=&edition=fundamental","pubTime":"2024-05-27 10:17","market":"us","language":"en","title":"Super Micro Computer: There's Still Gas Left In The Tank","url":"https://stock-news.laohu8.com/highlight/detail?id=2437052520","media":"seekingalpha","summary":"Dell held its investor conference this month, demonstrating Dell's full-stack approach to AI. Nvidia CEO Jensen Huang emphasized his company's close collaboration with Dell as Nvidia looks to access Dell's enterprise and government customer base. Nvidia and Dell are working closely to increase the adoption of AI factories and fulfill Nvidia's ambitions to \"extend generative AI capabilities to every company worldwide.\" Therefore, as AI broadens beyond cloud hyperscalers to enterprise and industry verticals, Super Micro could face higher execution challenges. Super Micro's Next Growth Wave: Sovereign AI Despite that, Super Micro is confident of scaling quickly with its modular approach for its hyperscale, tier-2 cloud service providers, and enterprise customers. In addition, Super Micro believes that it can deliver 2,000 direct liquid cooling monthly rack capacity by the end of June. With an anticipated 5,000 total monthly rack capacity, Super Micro's rapid go-to-market strategy suggest","content":"<ul style=\"\"><li><p>Super Micro is leading the way as it benefits from Nvidia's leadership in AI chips.</p></li><li><p>Super Micro looks ready to capitalize on the next AI growth wave in enterprise and sovereign AI adoption.</p></li><li><p>The company is focusing on gaining market share quickly, potentially hurting near-term profitability.</p></li><li><p>Super Micro must establish its leadership by bringing its cutting-edge AI rack solutions ahead of its peers.</p></li><li><p>SMCI is still valued cheaply, given its growth potential. Consider buying before it potentially reaches its all-time high.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e678235f3d3a4c30f6900e649543eed9\" alt=\"JHVEPhoto\" title=\"JHVEPhoto\" tg-width=\"750\" tg-height=\"500\"><span>JHVEPhoto</span></p><h2 id=\"id_2390201927\">Super Micro Ready To Ride On Nvidia's Hype</h2><p>In my previous bullish SMCI article in March 2024, I upgraded my thesis on Super Micro Computer, Inc. (NASDAQ:SMCI) stock. While not bearish, I explained why my previous cautious ratings (Hold) didn't seem justified, as the AI hype has demonstrated its sustainability for SMCI. As one of the leading companies focusing on AI rack server solutions, Super Micro is in a prime position to leverage Nvidia's (NVDA) leadership as the AI chips designer.</p><p>Nvidia's Q1 earnings release this week underscored the robustness of its revenue growth trajectory with another beat-and-raise quarter. Analysts have struggled to fully understand the significant growth opportunities attributed to Nvidia's AI monetization potential in the near term. Nvidia's incredible execution has downplayed these fears, as the King of AI expects to be supply constrained through 2025.</p><p>Notwithstanding my optimism, SMCI has struggled to maintain its upward momentum, even though NVDA stock has burst through new all-time highs this week. As a result, could SMCI's growth spurt over the past year be over as potential fears of more intense competition emerge?</p><p>Dell (DELL) held its investor conference this month, demonstrating Dell's full-stack approach to AI. Nvidia CEO Jensen Huang emphasized his company's close collaboration with Dell as Nvidia looks to access Dell's enterprise and government customer base. Nvidia and Dell are working closely to increase the adoption of AI factories and fulfill Nvidia's ambitions to \"extend generative AI capabilities to every company worldwide.\" Therefore, as AI broadens beyond cloud hyperscalers to enterprise and industry verticals, Super Micro could face higher execution challenges.</p><h2 id=\"id_2424388832\">Super Micro's Next Growth Wave: Sovereign AI</h2><p>Despite that, Super Micro is confident of scaling quickly with its modular approach for its hyperscale, tier-2 cloud service providers, and enterprise customers. In addition, Super Micro believes that it can deliver 2,000 direct liquid cooling monthly rack capacity by the end of June. With an anticipated 5,000 total monthly rack capacity, Super Micro's rapid go-to-market strategy suggests it can gain market share quickly in the DLC space. Super Micro expects liquid cooling adoption to \"increase to 20% of data centers over the next 12 to 18 months.\" With a current adoption rate of just 1% for liquid cooling in data centers, Super Micro's ability to expand market share quickly could be pivotal to solidifying its leadership position.</p><p>Super Micro management is committed to its GTM strategy, balancing price and volume growth. While DLC rack servers are anticipated to produce more robust margin accretion moving ahead, Super Micro is focused on gaining market share in the near term. As a result, investors must anticipate potential margin dilution as Super Micro looks to secure its market advantages and demonstrate its core value proposition.</p><p>Moreover, the anticipated traction in sovereign AI could bolster another potentially massive AI growth wave that is not captured in the current demand/supply dynamics. Super Micro management emphasized \"increasing investment plans in AI from both sovereigns and enterprises in EMEA and Europe.\"</p><p>As a result, Super Micro believes near-term monetization from \"a continued strong track of investment over the next 12 months.\" Nvidia CEO Jensen Huang reminds investors that \"no country can afford to outsource its intelligence on first principles.\" As a result, sovereign AI demand is expected to gain solid and sustainable growth momentum as countries need to harness their unique and \"native data as their natural resource\" and \"transfer them into artificial intelligence.\" Therefore, it suggests that the AI growth upcycle could be far from over as the adoption broadens to the enterprise and sovereign opportunities.</p><h2 id=\"id_48352312\">Is SMCI Stock A Buy, Sell, Or Hold?</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d138b660a45e3c9f26c28724a4001da8\" tg-width=\"618\" tg-height=\"322\"></p><p>SMCI Quant Grades (Seeking Alpha)</p><p>SMCI stock is assigned a \"C\" valuation grade, corroborating its reasonable valuation. SMCI's forward adjusted PEG ratio of 0.79 is more than 60% below its sector median. Analysts' estimates have been revised upward, bolstering Super Micro's execution prowess and growth opportunities.</p><p>Despite that, concerns about its near-term margin impact are justified, as Super Micro needs to lift CapEx while balancing price and volume opportunities to gain market share quickly. As a result, SMCI's \"D\" profitability grade underscores the inherent profitability volatility in its business model and strategy, potentially affecting near-term buying sentiments.</p><p>I have assessed it could have contributed to the relatively tepid buying momentum recently. Investors have likely reassessed whether heightened competition beyond the hyperscaler space could introduce more volatility on Super Micro's profitability model relative to its long-term gross margin outlook of between 14% and 17%.</p><p>Notwithstanding the caution, I have assessed that SMCI's buying momentum (\"A+\" momentum grade) has remained incredibly robust. Therefore, investors are likely accumulating (and not distributing), adding exposure progressively before the next upcycle toward its all-time highs.</p><p><em>Rating: Maintain Buy.</em></p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Computer: There's Still Gas Left In The Tank</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Computer: There's Still Gas Left In The Tank\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-27 10:17 GMT+8 <a href=https://seekingalpha.com/article/4695488-super-micro-computer-theres-still-gas-left-in-the-tank><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Super Micro is leading the way as it benefits from Nvidia's leadership in AI chips.Super Micro looks ready to capitalize on the next AI growth wave in enterprise and sovereign AI adoption.The company ...</p>\n\n<a href=\"https://seekingalpha.com/article/4695488-super-micro-computer-theres-still-gas-left-in-the-tank\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4549":"软银资本持仓","BK4548":"巴美列捷福持仓","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0079474960.USD":"联博美国增长基金A","LU0082616367.USD":"摩根大通美国科技A（dist）","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4515":"5G概念","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0061474960.USD":"天利环球焦点基金AU Acc","SMCI":"超微电脑","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","LU0353189763.USD":"ALLSPRING US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4535":"淡马锡持仓","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC"},"source_url":"https://seekingalpha.com/article/4695488-super-micro-computer-theres-still-gas-left-in-the-tank","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2437052520","content_text":"Super Micro is leading the way as it benefits from Nvidia's leadership in AI chips.Super Micro looks ready to capitalize on the next AI growth wave in enterprise and sovereign AI adoption.The company is focusing on gaining market share quickly, potentially hurting near-term profitability.Super Micro must establish its leadership by bringing its cutting-edge AI rack solutions ahead of its peers.SMCI is still valued cheaply, given its growth potential. Consider buying before it potentially reaches its all-time high.JHVEPhotoSuper Micro Ready To Ride On Nvidia's HypeIn my previous bullish SMCI article in March 2024, I upgraded my thesis on Super Micro Computer, Inc. (NASDAQ:SMCI) stock. While not bearish, I explained why my previous cautious ratings (Hold) didn't seem justified, as the AI hype has demonstrated its sustainability for SMCI. As one of the leading companies focusing on AI rack server solutions, Super Micro is in a prime position to leverage Nvidia's (NVDA) leadership as the AI chips designer.Nvidia's Q1 earnings release this week underscored the robustness of its revenue growth trajectory with another beat-and-raise quarter. Analysts have struggled to fully understand the significant growth opportunities attributed to Nvidia's AI monetization potential in the near term. Nvidia's incredible execution has downplayed these fears, as the King of AI expects to be supply constrained through 2025.Notwithstanding my optimism, SMCI has struggled to maintain its upward momentum, even though NVDA stock has burst through new all-time highs this week. As a result, could SMCI's growth spurt over the past year be over as potential fears of more intense competition emerge?Dell (DELL) held its investor conference this month, demonstrating Dell's full-stack approach to AI. Nvidia CEO Jensen Huang emphasized his company's close collaboration with Dell as Nvidia looks to access Dell's enterprise and government customer base. Nvidia and Dell are working closely to increase the adoption of AI factories and fulfill Nvidia's ambitions to \"extend generative AI capabilities to every company worldwide.\" Therefore, as AI broadens beyond cloud hyperscalers to enterprise and industry verticals, Super Micro could face higher execution challenges.Super Micro's Next Growth Wave: Sovereign AIDespite that, Super Micro is confident of scaling quickly with its modular approach for its hyperscale, tier-2 cloud service providers, and enterprise customers. In addition, Super Micro believes that it can deliver 2,000 direct liquid cooling monthly rack capacity by the end of June. With an anticipated 5,000 total monthly rack capacity, Super Micro's rapid go-to-market strategy suggests it can gain market share quickly in the DLC space. Super Micro expects liquid cooling adoption to \"increase to 20% of data centers over the next 12 to 18 months.\" With a current adoption rate of just 1% for liquid cooling in data centers, Super Micro's ability to expand market share quickly could be pivotal to solidifying its leadership position.Super Micro management is committed to its GTM strategy, balancing price and volume growth. While DLC rack servers are anticipated to produce more robust margin accretion moving ahead, Super Micro is focused on gaining market share in the near term. As a result, investors must anticipate potential margin dilution as Super Micro looks to secure its market advantages and demonstrate its core value proposition.Moreover, the anticipated traction in sovereign AI could bolster another potentially massive AI growth wave that is not captured in the current demand/supply dynamics. Super Micro management emphasized \"increasing investment plans in AI from both sovereigns and enterprises in EMEA and Europe.\"As a result, Super Micro believes near-term monetization from \"a continued strong track of investment over the next 12 months.\" Nvidia CEO Jensen Huang reminds investors that \"no country can afford to outsource its intelligence on first principles.\" As a result, sovereign AI demand is expected to gain solid and sustainable growth momentum as countries need to harness their unique and \"native data as their natural resource\" and \"transfer them into artificial intelligence.\" Therefore, it suggests that the AI growth upcycle could be far from over as the adoption broadens to the enterprise and sovereign opportunities.Is SMCI Stock A Buy, Sell, Or Hold?SMCI Quant Grades (Seeking Alpha)SMCI stock is assigned a \"C\" valuation grade, corroborating its reasonable valuation. SMCI's forward adjusted PEG ratio of 0.79 is more than 60% below its sector median. Analysts' estimates have been revised upward, bolstering Super Micro's execution prowess and growth opportunities.Despite that, concerns about its near-term margin impact are justified, as Super Micro needs to lift CapEx while balancing price and volume opportunities to gain market share quickly. As a result, SMCI's \"D\" profitability grade underscores the inherent profitability volatility in its business model and strategy, potentially affecting near-term buying sentiments.I have assessed it could have contributed to the relatively tepid buying momentum recently. Investors have likely reassessed whether heightened competition beyond the hyperscaler space could introduce more volatility on Super Micro's profitability model relative to its long-term gross margin outlook of between 14% and 17%.Notwithstanding the caution, I have assessed that SMCI's buying momentum (\"A+\" momentum grade) has remained incredibly robust. Therefore, investors are likely accumulating (and not distributing), adding exposure progressively before the next upcycle toward its all-time highs.Rating: Maintain Buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":283516772667440,"gmtCreate":1710256930683,"gmtModify":1710257380109,"author":{"id":"3562839524718897","authorId":"3562839524718897","authorIdStr":"3562839524718897","name":"旅行蛙","avatar":"https://static.tigerbbs.com/141de2e30f8b2c0e13678c64cfd16ea4","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562839524718897"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/VRT\">$Vertiv Holdings LLC(VRT)$</a> 🚀🚀🚀","listText":"<a href=\"https://ttm.financial/S/VRT\">$Vertiv Holdings LLC(VRT)$</a> 🚀🚀🚀","text":"$Vertiv Holdings LLC(VRT)$ 🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/283516772667440","isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":283516772667440,"gmtCreate":1710256930683,"gmtModify":1710257380109,"author":{"id":"3562839524718897","authorId":"3562839524718897","authorIdStr":"3562839524718897","name":"旅行蛙","avatar":"https://static.tigerbbs.com/141de2e30f8b2c0e13678c64cfd16ea4","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562839524718897"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/VRT\">$Vertiv Holdings LLC(VRT)$</a> 🚀🚀🚀","listText":"<a href=\"https://ttm.financial/S/VRT\">$Vertiv Holdings LLC(VRT)$</a> 🚀🚀🚀","text":"$Vertiv Holdings LLC(VRT)$ 🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/283516772667440","isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320203514904800,"gmtCreate":1719203890854,"gmtModify":1719203895097,"author":{"id":"3562839524718897","authorId":"3562839524718897","authorIdStr":"3562839524718897","name":"旅行蛙","avatar":"https://static.tigerbbs.com/141de2e30f8b2c0e13678c64cfd16ea4","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562839524718897"},"themes":[],"htmlText":"🚀🚀，","listText":"🚀🚀，","text":"🚀🚀，","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320203514904800","repostId":"1160472301","repostType":2,"repost":{"id":"1160472301","weMediaInfo":{"introduction":"提供即時金融資訊、行情、數據，旨在幫助投資者理解世界，做投資決策。","home_visible":1,"media_name":"老虎資訊","id":"1059071526","head_image":"https://community-static.tradeup.com/news/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1719200991,"share":"https://ttm.financial/m/news/1160472301?lang=&edition=fundamental","pubTime":"2024-06-24 11:49","market":"us","language":"zh","title":"這隻股年內已經上升55%，現在還應該購買嗎？","url":"https://stock-news.laohu8.com/highlight/detail?id=1160472301","media":"老虎資訊","summary":"博通的股票在2024年迄今已上涨了60%以上，虽然比不上英伟达超过170%的涨幅，但仍然是一个惊人的成绩。在最近一次财报更新的同时，博通还宣布将在2024年7月进行10股拆1股的股票分割。在最近一个季度，博通报告了半导体销售同比增长6%。因此，博通在此期间的增长表明它正在获得大量市场份额。陈福阳表示，上季度AI专用芯片销售同比增长280%。作为一个快乐的股东，我相信博通今年的好时光将继续。","content":"<html><head></head><body><p> <a href=\"https://laohu8.com/S/AVGO\">博通</a> 和 <a href=\"https://laohu8.com/S/NVDA\">英伟达</a> 已经成为人工智能行业的两大长期增长领导者。</p><p>也许还不完全是英伟达，但顶级芯片设计师和基础设施软件提供商博通（AVGO -4.38%）也在经历自己的史诗般增长。博通的股票在2024年迄今已上涨了60%以上，虽然比不上英伟达超过170%的涨幅，但仍然是一个惊人的成绩。在这样的一年里，即使上涨“仅”60%也未能创造最佳记录！</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4a955bdb4bea89eb804e08b0e3da6acf\" tg-width=\"560\" tg-height=\"240\"/></p><p>在最近一次财报更新的同时，博通还宣布将在2024年7月进行10股拆1股的股票分割。尽管股价并不会因为拆分而改变股票的基本价值，博通已经构建了一个独特的业务模式，未来几年可能会为其股东带来更多收益。这就是为什么现在买入可能还不算晚，但也有理由保持谨慎乐观的原因。</p><h2 id=\"id_2589115007\">通过收购建立的，与其他芯片公司不同</h2><p>在CEO陈福阳的领导下，博通通过多次收购成为了一个巨头。作为总部位于新加坡的安华高公司，陈福阳在2016年主导了对博通的收购（安华高随后采用了被收购公司的名称），几年前又将公司总部迁至美国。</p><p>自2017年起，经过一系列芯片设计公司的收购，陈福阳和团队将注意力转向了企业软件业务的收购。这 culminated in the purchase of top cloud management software provider VMware in 2023.</p><p>这里的重点是，博通在收购许多芯片技术并出色地管理它们（特别是在盈利能力方面）方面的卓越表现，使其在人工智能（AI）基础设施繁荣中处于关键位置。虽然英伟达在全新的AI训练数据中心市场中开创并占据主导地位，但随着大型数据中心运营商开始应对在现有数据中心日常使用AI的挑战，许多人转向了博通的高效芯片设计专长和企业软件。</p><p>在最近一个季度（2024财年第二季度，截止于5月5日的三个月期间），博通报告了半导体销售同比增长6%。这听起来不算多，但除去人工智能（AI）基础设施，大部分半导体行业仍处于深度衰退中。因此，博通在此期间的增长表明它正在获得大量市场份额。陈福阳表示，上季度AI专用芯片销售同比增长280%。</p><h2 id=\"id_3495298692\">一项存在许多问号的巨额收购</h2><p>除了所有关于AI芯片的喧嚣之外，VMware也被混入了博通的软件部门——该部门现在占总收入的约40%。VMware曾是一个关键的云软件提供商，支持数据中心的计算能力被分割和分配给希望“租用”计算能力的公司，但它是一个平淡无奇的软件投资。陈福阳和团队正试图迅速改变这种状况，主要是通过重组VMware的合作伙伴计划（顾问等转售VMware产品给实际终端客户）。</p><p>像过去的软件收购一样，博通专注于其最大的、最有利可图的VMware关系。陈福阳在最近的财报电话会议上表示，旧的合作伙伴计划让VMware陷入“混乱”，因此解决这些问题（即使VMware显著更具盈利能力）同样是一项复杂的任务。</p><p>好消息是，即使超出今年的实际VMware特定收入增长可能不是一个重要因素，VMware确实开始变得更有利可图了。尽管如此，上季度博通的调整后息税折旧摊销前利润（EBITDA）为61%。一旦整合费用在明年大部分完成，VMware可能会帮助博通的自由现金流利润率接近50%，就像去年一样（2023年总的自由现金流利润率为令人难以置信的49%，而上季度为36%）。</p><p>即使在其令人难以置信的增长之后，博通的交易价格看起来还是合理的，为过去12个月自由现金流的44倍。这是一个溢价，但如果公司继续实现AI半导体增长并从其大型软件部门释放现金，这个溢价可能会大大降低。</p><p>另一个需要注意的原因是博通为收购VMware而承担的大量债务。总债务现在为740亿美元，不过管理层表示计划每季度还债约20亿美元。</p><p>作为一个快乐的股东，我相信博通今年的好时光将继续。随着2024年的进展，请继续关注VMware的进展及相关的债务负担。</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n這隻股年內已經上升55%，現在還應該購買嗎？\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1059071526\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎資訊 </p>\n<p class=\"h-time\">2024-06-24 11:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p> <a href=\"https://laohu8.com/S/AVGO\">博通</a> 和 <a href=\"https://laohu8.com/S/NVDA\">英伟达</a> 已经成为人工智能行业的两大长期增长领导者。</p><p>也许还不完全是英伟达，但顶级芯片设计师和基础设施软件提供商博通（AVGO -4.38%）也在经历自己的史诗般增长。博通的股票在2024年迄今已上涨了60%以上，虽然比不上英伟达超过170%的涨幅，但仍然是一个惊人的成绩。在这样的一年里，即使上涨“仅”60%也未能创造最佳记录！</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4a955bdb4bea89eb804e08b0e3da6acf\" tg-width=\"560\" tg-height=\"240\"/></p><p>在最近一次财报更新的同时，博通还宣布将在2024年7月进行10股拆1股的股票分割。尽管股价并不会因为拆分而改变股票的基本价值，博通已经构建了一个独特的业务模式，未来几年可能会为其股东带来更多收益。这就是为什么现在买入可能还不算晚，但也有理由保持谨慎乐观的原因。</p><h2 id=\"id_2589115007\">通过收购建立的，与其他芯片公司不同</h2><p>在CEO陈福阳的领导下，博通通过多次收购成为了一个巨头。作为总部位于新加坡的安华高公司，陈福阳在2016年主导了对博通的收购（安华高随后采用了被收购公司的名称），几年前又将公司总部迁至美国。</p><p>自2017年起，经过一系列芯片设计公司的收购，陈福阳和团队将注意力转向了企业软件业务的收购。这 culminated in the purchase of top cloud management software provider VMware in 2023.</p><p>这里的重点是，博通在收购许多芯片技术并出色地管理它们（特别是在盈利能力方面）方面的卓越表现，使其在人工智能（AI）基础设施繁荣中处于关键位置。虽然英伟达在全新的AI训练数据中心市场中开创并占据主导地位，但随着大型数据中心运营商开始应对在现有数据中心日常使用AI的挑战，许多人转向了博通的高效芯片设计专长和企业软件。</p><p>在最近一个季度（2024财年第二季度，截止于5月5日的三个月期间），博通报告了半导体销售同比增长6%。这听起来不算多，但除去人工智能（AI）基础设施，大部分半导体行业仍处于深度衰退中。因此，博通在此期间的增长表明它正在获得大量市场份额。陈福阳表示，上季度AI专用芯片销售同比增长280%。</p><h2 id=\"id_3495298692\">一项存在许多问号的巨额收购</h2><p>除了所有关于AI芯片的喧嚣之外，VMware也被混入了博通的软件部门——该部门现在占总收入的约40%。VMware曾是一个关键的云软件提供商，支持数据中心的计算能力被分割和分配给希望“租用”计算能力的公司，但它是一个平淡无奇的软件投资。陈福阳和团队正试图迅速改变这种状况，主要是通过重组VMware的合作伙伴计划（顾问等转售VMware产品给实际终端客户）。</p><p>像过去的软件收购一样，博通专注于其最大的、最有利可图的VMware关系。陈福阳在最近的财报电话会议上表示，旧的合作伙伴计划让VMware陷入“混乱”，因此解决这些问题（即使VMware显著更具盈利能力）同样是一项复杂的任务。</p><p>好消息是，即使超出今年的实际VMware特定收入增长可能不是一个重要因素，VMware确实开始变得更有利可图了。尽管如此，上季度博通的调整后息税折旧摊销前利润（EBITDA）为61%。一旦整合费用在明年大部分完成，VMware可能会帮助博通的自由现金流利润率接近50%，就像去年一样（2023年总的自由现金流利润率为令人难以置信的49%，而上季度为36%）。</p><p>即使在其令人难以置信的增长之后，博通的交易价格看起来还是合理的，为过去12个月自由现金流的44倍。这是一个溢价，但如果公司继续实现AI半导体增长并从其大型软件部门释放现金，这个溢价可能会大大降低。</p><p>另一个需要注意的原因是博通为收购VMware而承担的大量债务。总债务现在为740亿美元，不过管理层表示计划每季度还债约20亿美元。</p><p>作为一个快乐的股东，我相信博通今年的好时光将继续。随着2024年的进展，请继续关注VMware的进展及相关的债务负担。</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/347452cc99fb488c45ccd900fcf3aa20","relate_stocks":{"AVGO":"博通"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160472301","content_text":"博通 和 英伟达 已经成为人工智能行业的两大长期增长领导者。也许还不完全是英伟达，但顶级芯片设计师和基础设施软件提供商博通（AVGO -4.38%）也在经历自己的史诗般增长。博通的股票在2024年迄今已上涨了60%以上，虽然比不上英伟达超过170%的涨幅，但仍然是一个惊人的成绩。在这样的一年里，即使上涨“仅”60%也未能创造最佳记录！在最近一次财报更新的同时，博通还宣布将在2024年7月进行10股拆1股的股票分割。尽管股价并不会因为拆分而改变股票的基本价值，博通已经构建了一个独特的业务模式，未来几年可能会为其股东带来更多收益。这就是为什么现在买入可能还不算晚，但也有理由保持谨慎乐观的原因。通过收购建立的，与其他芯片公司不同在CEO陈福阳的领导下，博通通过多次收购成为了一个巨头。作为总部位于新加坡的安华高公司，陈福阳在2016年主导了对博通的收购（安华高随后采用了被收购公司的名称），几年前又将公司总部迁至美国。自2017年起，经过一系列芯片设计公司的收购，陈福阳和团队将注意力转向了企业软件业务的收购。这 culminated in the purchase of top cloud management software provider VMware in 2023.这里的重点是，博通在收购许多芯片技术并出色地管理它们（特别是在盈利能力方面）方面的卓越表现，使其在人工智能（AI）基础设施繁荣中处于关键位置。虽然英伟达在全新的AI训练数据中心市场中开创并占据主导地位，但随着大型数据中心运营商开始应对在现有数据中心日常使用AI的挑战，许多人转向了博通的高效芯片设计专长和企业软件。在最近一个季度（2024财年第二季度，截止于5月5日的三个月期间），博通报告了半导体销售同比增长6%。这听起来不算多，但除去人工智能（AI）基础设施，大部分半导体行业仍处于深度衰退中。因此，博通在此期间的增长表明它正在获得大量市场份额。陈福阳表示，上季度AI专用芯片销售同比增长280%。一项存在许多问号的巨额收购除了所有关于AI芯片的喧嚣之外，VMware也被混入了博通的软件部门——该部门现在占总收入的约40%。VMware曾是一个关键的云软件提供商，支持数据中心的计算能力被分割和分配给希望“租用”计算能力的公司，但它是一个平淡无奇的软件投资。陈福阳和团队正试图迅速改变这种状况，主要是通过重组VMware的合作伙伴计划（顾问等转售VMware产品给实际终端客户）。像过去的软件收购一样，博通专注于其最大的、最有利可图的VMware关系。陈福阳在最近的财报电话会议上表示，旧的合作伙伴计划让VMware陷入“混乱”，因此解决这些问题（即使VMware显著更具盈利能力）同样是一项复杂的任务。好消息是，即使超出今年的实际VMware特定收入增长可能不是一个重要因素，VMware确实开始变得更有利可图了。尽管如此，上季度博通的调整后息税折旧摊销前利润（EBITDA）为61%。一旦整合费用在明年大部分完成，VMware可能会帮助博通的自由现金流利润率接近50%，就像去年一样（2023年总的自由现金流利润率为令人难以置信的49%，而上季度为36%）。即使在其令人难以置信的增长之后，博通的交易价格看起来还是合理的，为过去12个月自由现金流的44倍。这是一个溢价，但如果公司继续实现AI半导体增长并从其大型软件部门释放现金，这个溢价可能会大大降低。另一个需要注意的原因是博通为收购VMware而承担的大量债务。总债务现在为740亿美元，不过管理层表示计划每季度还债约20亿美元。作为一个快乐的股东，我相信博通今年的好时光将继续。随着2024年的进展，请继续关注VMware的进展及相关的债务负担。","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311840162320696,"gmtCreate":1717158663358,"gmtModify":1717163080984,"author":{"id":"3562839524718897","authorId":"3562839524718897","authorIdStr":"3562839524718897","name":"旅行蛙","avatar":"https://static.tigerbbs.com/141de2e30f8b2c0e13678c64cfd16ea4","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562839524718897"},"themes":[],"htmlText":"SMCI 🚀🚀🚀","listText":"SMCI 🚀🚀🚀","text":"SMCI 🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311840162320696","repostId":"2439621259","repostType":2,"repost":{"id":"2439621259","pubTimestamp":1717122285,"share":"https://ttm.financial/m/news/2439621259?lang=&edition=fundamental","pubTime":"2024-05-31 10:24","market":"us","language":"en","title":"Super Micro Computer Stock: Is the 1,124% Gain Just the Beginning?","url":"https://stock-news.laohu8.com/highlight/detail?id=2439621259","media":"InvestorPlace","summary":"Super Micro Computer stock has ridden the AI wave higher than anyone else and Wall Street is worried whether it can contineu to lead.","content":"<ul style=\"\"><li><p><a href=\"https://laohu8.com/S/SMCI\">Super Micro Computer</a> stock has beaten every other AI stock, including Nvidia since the phenomenon began.</p></li><li><p>Its latest quarterly earnings report underscored its industry dominance as sales exploded from last year.</p></li><li><p>Wall Street is worried it won’t be able to capitalize on this growth in one key area and that represents opportunity for investors.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/263b00bf1db250d9136633f5220c9185\" alt=\"Source: rafapress / Shutterstock.com\" title=\"Source: rafapress / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"><span>Source: rafapress / Shutterstock.com</span></p><p>There is only one stock that can make the gains made by Nvidia over the past three years look paltry in comparison. Super Micro Computer stock has returned 1,124% for investors since the artificial intelligence (AI) boom began in late 2022. Nvidia returned 741%.</p><p>Where Nvidia is the face of AI with its powerful semiconductors that can handle the complex processing demands the technology requires, Super Micro Computer is the face of data center servers deploying AI chips. Supermicro, as it’s known, is famous for making the data center hardware more rapidly adapt to the new requirements of chips better than the competition. And therein lies the risk.</p><h3 id=\"id_1152741320\">Blowout Numbers for Nothing</h3><p>Super Micro Computers reported stellar fiscal third-quarter results at the end of April that showed sales of servers, storage, and other systems for cloud-to-edge customers tripled from last year and were up 5% sequentially. Profits more than quadrupled to $406 million year-over-year and were 35% higher from the fiscal second quarter.</p><p>President and CEO Charles Liang said, “Strong demand for AI rack scale (plug-and-play) solutions, along with our team’s ability to develop innovative (direct liquid cooling) designs, enabled us to expand our market leadership in AI infrastructure.”</p><p>Yet it wasn’t enough for Wall Street. Super Micro Computer stock plummeted 17% and dragged down much of the tech sector with it. Nvidia stock was down 5%. But where much of the rest of the industry recovered (NVDA is 30% higher), Supermicro stock remains 2% below where it stood before the quarterly earnings report.</p><p>Why hasn’t Super Micro Computer stock recovered like everyone else? Profit margins.</p><h3 id=\"id_2942138264\">Entering a More Competitive Environment</h3><p>Although Supermicro’s gross margins inched higher to 15.5% from 15.4% in the second quarter, they plunged 210 basis points from the year-ago period. That might not improve going forward. Because the hardware maker is competitively priced in an increasingly competitive market, Supermicro might not see any margin improvements. Gross margins could sit in the 15% range and may even deteriorate further.</p><p>In a bid to maintain its growing market share in the rack scale server market, Supermicro faces some bigger, better-financed rivals that will want to increase their own share in the space. </p><p>And despite Supermicro’s ability to quickly adapt new chip technologies to data center needs, the gap with the competition is narrowing. The hardware maker may need to become more competitive in terms of price to maintain its current dominant position atop the market. As there is not all that much differentiation between rival components and its own, Wall Street is questioning Supermicro’s near-term profitability lead.</p><h3 id=\"id_3952849407\">Innovations That Make a Defining Difference</h3><p>There seems little question Super Micro Computer will be able to keep growing sales in the data center market simply because of the massive demands from hyperscalers scooping up AI accelerators. But it is not likely to see margins expand in the same manner.</p><p>That helps explain why analyst one-year consensus price target on Super Micro Computer stock is just $954 per share. Its just 9% above where SMCI currently trades but 22% below the all-time high hit back in early March.</p><p>But I think that’s an opportunity for aggressive investors. Super Micro Computer is developing an innovative lead in its own technologies, such as direct liquid cooling. Liang told analysts last month that it is now ready for high-volume production of its latest iteration.</p><p>DLC innovations allow Supermicro customers to save money cooling expenses as well as data center space. Data center energy consumption is one of the biggest future hurdles the industry faces and Supermicro can help mitigate much of those concerns, keeping it in its leadership role.</p><h3 id=\"id_4277662067\">A Hidden Opportunity</h3><p>With Wall Street expecting Supermicro to grow earnings at a compounded annual growth rate of 62% for the next five years, it means Super Micro Computer stock is trading at just a fraction to that rate. And although it deserves the premium it sports across other metrics, shares trade at only 25 times next year’s earnings estimates.</p><p>Super Micro Computer stock is really offered at a discounted valuation now. Investors may want to use the opportunity to buy now before Wall Street realizes its error.</p>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Computer Stock: Is the 1,124% Gain Just the Beginning?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Computer Stock: Is the 1,124% Gain Just the Beginning?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-31 10:24 GMT+8 <a href=https://investorplace.com/2024/05/super-micro-computer-stock-is-the-1124-gain-just-the-beginning/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Super Micro Computer stock has beaten every other AI stock, including Nvidia since the phenomenon began.Its latest quarterly earnings report underscored its industry dominance as sales exploded from ...</p>\n\n<a href=\"https://investorplace.com/2024/05/super-micro-computer-stock-is-the-1124-gain-just-the-beginning/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4592":"伊斯兰概念","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4587":"ChatGPT概念","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","SMCI":"超微电脑","BK4527":"明星科技股","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4588":"碎股","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4141":"半导体产品","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","BK4503":"景林资产持仓","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4551":"寇图资本持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0072462426.USD":"贝莱德全球配置 A2","LU0079474960.USD":"联博美国增长基金A","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0080751232.USD":"富达环球多元动力基金A","LU0056508442.USD":"贝莱德世界科技基金A2","BK4581":"高盛持仓","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0109392836.USD":"富兰克林科技股A","BK4529":"IDC概念","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","LU0175139822.USD":"AB FCP I Global Equity Blend A USD"},"source_url":"https://investorplace.com/2024/05/super-micro-computer-stock-is-the-1124-gain-just-the-beginning/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2439621259","content_text":"Super Micro Computer stock has beaten every other AI stock, including Nvidia since the phenomenon began.Its latest quarterly earnings report underscored its industry dominance as sales exploded from last year.Wall Street is worried it won’t be able to capitalize on this growth in one key area and that represents opportunity for investors.Source: rafapress / Shutterstock.comThere is only one stock that can make the gains made by Nvidia over the past three years look paltry in comparison. Super Micro Computer stock has returned 1,124% for investors since the artificial intelligence (AI) boom began in late 2022. Nvidia returned 741%.Where Nvidia is the face of AI with its powerful semiconductors that can handle the complex processing demands the technology requires, Super Micro Computer is the face of data center servers deploying AI chips. Supermicro, as it’s known, is famous for making the data center hardware more rapidly adapt to the new requirements of chips better than the competition. And therein lies the risk.Blowout Numbers for NothingSuper Micro Computers reported stellar fiscal third-quarter results at the end of April that showed sales of servers, storage, and other systems for cloud-to-edge customers tripled from last year and were up 5% sequentially. Profits more than quadrupled to $406 million year-over-year and were 35% higher from the fiscal second quarter.President and CEO Charles Liang said, “Strong demand for AI rack scale (plug-and-play) solutions, along with our team’s ability to develop innovative (direct liquid cooling) designs, enabled us to expand our market leadership in AI infrastructure.”Yet it wasn’t enough for Wall Street. Super Micro Computer stock plummeted 17% and dragged down much of the tech sector with it. Nvidia stock was down 5%. But where much of the rest of the industry recovered (NVDA is 30% higher), Supermicro stock remains 2% below where it stood before the quarterly earnings report.Why hasn’t Super Micro Computer stock recovered like everyone else? Profit margins.Entering a More Competitive EnvironmentAlthough Supermicro’s gross margins inched higher to 15.5% from 15.4% in the second quarter, they plunged 210 basis points from the year-ago period. That might not improve going forward. Because the hardware maker is competitively priced in an increasingly competitive market, Supermicro might not see any margin improvements. Gross margins could sit in the 15% range and may even deteriorate further.In a bid to maintain its growing market share in the rack scale server market, Supermicro faces some bigger, better-financed rivals that will want to increase their own share in the space. And despite Supermicro’s ability to quickly adapt new chip technologies to data center needs, the gap with the competition is narrowing. The hardware maker may need to become more competitive in terms of price to maintain its current dominant position atop the market. As there is not all that much differentiation between rival components and its own, Wall Street is questioning Supermicro’s near-term profitability lead.Innovations That Make a Defining DifferenceThere seems little question Super Micro Computer will be able to keep growing sales in the data center market simply because of the massive demands from hyperscalers scooping up AI accelerators. But it is not likely to see margins expand in the same manner.That helps explain why analyst one-year consensus price target on Super Micro Computer stock is just $954 per share. Its just 9% above where SMCI currently trades but 22% below the all-time high hit back in early March.But I think that’s an opportunity for aggressive investors. Super Micro Computer is developing an innovative lead in its own technologies, such as direct liquid cooling. Liang told analysts last month that it is now ready for high-volume production of its latest iteration.DLC innovations allow Supermicro customers to save money cooling expenses as well as data center space. Data center energy consumption is one of the biggest future hurdles the industry faces and Supermicro can help mitigate much of those concerns, keeping it in its leadership role.A Hidden OpportunityWith Wall Street expecting Supermicro to grow earnings at a compounded annual growth rate of 62% for the next five years, it means Super Micro Computer stock is trading at just a fraction to that rate. And although it deserves the premium it sports across other metrics, shares trade at only 25 times next year’s earnings estimates.Super Micro Computer stock is really offered at a discounted valuation now. Investors may want to use the opportunity to buy now before Wall Street realizes its error.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311839113973896,"gmtCreate":1717158456933,"gmtModify":1717163076910,"author":{"id":"3562839524718897","authorId":"3562839524718897","authorIdStr":"3562839524718897","name":"旅行蛙","avatar":"https://static.tigerbbs.com/141de2e30f8b2c0e13678c64cfd16ea4","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562839524718897"},"themes":[],"htmlText":"🚀🚀🚀","listText":"🚀🚀🚀","text":"🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311839113973896","repostId":"1121907128","repostType":2,"repost":{"id":"1121907128","pubTimestamp":1717148473,"share":"https://ttm.financial/m/news/1121907128?lang=&edition=fundamental","pubTime":"2024-05-31 17:41","market":"us","language":"zh","title":"顺风之下，超微电脑将迎来高光之年？","url":"https://stock-news.laohu8.com/highlight/detail?id=1121907128","media":"华尔街大事件","summary":"如果Hopper需求放缓，那么超微电脑的收入可能会在未来几个季度停滞不前。但随着Hopper继续保持增长轨迹，超微电脑似乎有望在今年剩余时间内继续保持连续增长。同样，这对超微电脑来说可能是件好事。相比之下，前三个季度的财报电话会议上，提及次数为零。此外，超微电脑已准备好产品。这将为超微电脑带来进一步的收入增长。芯片制造商之间的竞争加剧可能会增加超微电脑的上市时间优势的价值。","content":"<html><head></head><body><blockquote><p>分析师认为下面三个条件将有利于<a href=\"https://laohu8.com/S/SMCI\">超微电脑</a>今年及以后保持强劲增长：</p></blockquote><p style=\"text-align: justify;\"><strong>人工智能硬件市场不断扩大。</strong></p><p style=\"text-align: justify;\"><strong>随着能耗/GPU的增加，对液体冷却的需求也不断扩大。</strong></p><p style=\"text-align: justify;\"><strong>随着芯片制造商之间的竞争愈演愈烈，产品上市时间变得越来越重要。</strong></p><p style=\"text-align: justify;\"><a href=\"https://laohu8.com/S/NVDA\">英伟达</a>最近的收益对超微电脑投资者具有重大意义，因为英伟达似乎证实了这三种趋势现在都对当今AI基础设施的建设产生了重大影响。因此，<strong>超微电脑的增长速度可能比预期的要快，至少在2025年之前可能会产生超额回报。</strong></p><p style=\"text-align: justify;\">英伟达的最新收益再次超出预期，该公司继续看到数据中心GPU的强劲需求。在财报电话会议上，英伟达管理层透露，上个季度对其当前一代Hopper GPU的需求“持续增长”。有人担心，3月份发布的下一代Blackwell GPU可能会减缓对Hopper的需求，因为客户正在等待下一代产品。看来这种影响还不足以阻止Hopper的增长，因为英伟达本季度再次预测了连续增长。</p><p style=\"text-align: justify;\">Hopper的强劲需求（和不断扩大的供应）似乎对超微电脑有利。如果Hopper需求放缓，那么超微电脑的收入可能会在未来几个季度停滞不前。但随着Hopper继续保持增长轨迹，超微电脑似乎有望在今年剩余时间内继续保持连续增长。</p><p style=\"text-align: justify;\">其次，英伟达还向投资者介绍了其下一代Blackwell GPU。Nvidia透露，“Blackwell已全面投入生产”，该公司预计“今年Blackwell的收入将大幅增加”。此外，“Blackwell将在发布时出现在100多个OEM和ODM系统中，数量是Hopper的两倍多，涵盖了全球所有主要的计算机制造商。”</p><p style=\"text-align: justify;\">当Blackwell宣布上市时，有人怀疑它能否在今年产生巨大的财务影响。半导体产量的提升往往需要相当长的时间，因此这种怀疑是有道理的。尽管如此，看起来英伟达的增产速度比预期的要快得多，尽管我们不知道“Blackwell带来大量收入”的具体含义，但Blackwell似乎很快就会成为英伟达产出的重要组成部分。</p><p style=\"text-align: justify;\">同样，这对超微电脑来说可能是件好事。Blackwell的性能和能效将远高于Hopper，因此对它的需求应该会很强劲。我们还从各大云服务提供商那里听说，他们今年和明年将在AI基础设施上投入巨资。Blackwell GPU的价格也将高于Hopper GPU。所有这些因素都表明，Blackwell比预期更早的到来应该对超微电脑明年的营收增长有利（也许Blackwell在今年年底也会做出一些贡献）。</p><p style=\"text-align: justify;\">为了支持更高的计算性能，数据中心GPU的功耗不断增加。例如，英伟达的下一代B200加速器将消耗1,000瓦电力，而下一代B100和当前一代H100的功耗为700瓦，上一代A100的功耗为400瓦。随着功耗的增加，产生的热量也会增加，这进一步提高了在数据中心安装液体冷却系统的技术和经济价值。超微电脑已经在这一领域拥有经验，并提供各种液体冷却解决方案。未来几年对液体冷却的需求增加可能有助于超微电脑增加其对数据中心“经济”的附加值，这可能会进一步促进公司的营收增长。</p><p style=\"text-align: justify;\">根据英伟达管理层的评论，现在看来液体冷却可能会在Blackwell上开始流行。我之前不确定Blackwell的散热问题是否会达到临界点，或者我们是否必须等待下一代。现在我认为Blackwell就是临界点。</p><p style=\"text-align: justify;\">英伟达管理层在财报电话会议上6次提到了液体冷却（一次是主动提及，其余都是在回答问题时提及）。相比之下，前三个季度的财报电话会议上，提及次数为零。提及次数增加是一个好兆头，而且讨论的内容更加积极。以下是最重要的一点：</p><blockquote><p>我们也一直在为整个生态系统做好准备，为液体冷却做好准备。我们已经与生态系统讨论Blackwell很长时间了。还有CSP[云服务提供商]、数据中心、ODM、系统制造商、我们的供应链、冷却供应链基础、液体冷却供应链基础、数据中心供应链基础……</p></blockquote><p style=\"text-align: justify;\">这一举措的理由似乎正如讨论的那样，即随着能源消耗的增加，安装更高效的冷却系统变得更具经济价值：CPU的集成和计算密度的大幅压缩，液体冷却将为数据中心节省大量电力配置成本，更不用说更节能了。所以这是一个更好的解决方案。</p><p style=\"text-align: justify;\">从评论来看，数据中心行业确实在齐心协力向液体冷却迈进。此外，超微电脑已准备好产品。在最近的财报电话会议上，超微电脑管理层宣布，他们的“新DLC[直接液体冷却]液体冷却构建块和机架级整体解决方案技术终于准备好进行大批量生产。”超微电脑声称“有望每月生产超过2,000个AI服务器液冷DLC机架，产量稳步增长。”他们的总产能约为每月5,000个机架，因此随着数据中心在未来几个季度开始这一转变，他们应该准备好相当可观的液体冷却供应。这将为超微电脑带来进一步的收入增长。</p><p style=\"text-align: justify;\">芯片制造商之间的竞争加剧可能会增加超微电脑的上市时间优势的价值。随着芯片制造商之间的竞争日趋激烈，他们纷纷加速AI路线图的推进，超微电脑在先入市场方面的优势可能会变得更有价值。对于高性能芯片而言，时机就是一切：如果来得太晚，再好的芯片设计也会失去部分或大部分价值。因此，例如，如果超微电脑能够比其他OEM提前一个季度将基于AMD下一代MI400加速器的系统推向市场，那么这将对帮助AMD保持竞争力做出不小的贡献。英伟达或<a href=\"https://laohu8.com/S/INTC\">英特尔</a>也可能有类似的理由。随着高性能芯片市场的增长以及芯片制造商全力以赴保持竞争力，超微电脑作为合作伙伴的重要性可能会继续增加。</p><p style=\"text-align: justify;\">英伟达首席执行官黄仁勋在最近的财报电话会议上发表的评论进一步增强了此观点的信心：</p><blockquote><p>让我举个例子来说明时间是多么宝贵，为什么立即建立数据中心的想法如此宝贵，为什么获得所谓的训练时间如此宝贵。原因是，下一家达到下一个重大里程碑的公司可以宣布一项突破性的人工智能。而第二家公司可以宣布一项比这好0.3%的东西。所以问题是，你想成为不断提供突破性人工智能的公司，还是不断提供比这好0.3%的公司？这就是为什么这场竞赛，就像所有技术竞赛一样，如此重要的原因……领导力非常重要。培训时间非常重要……提前三个月开始是最重要的。</p></blockquote><p style=\"text-align: justify;\">虽然黄仁勋谈论的是人工智能软件公司之间的竞争，但我们很容易看出，这种竞争也会给芯片制造商和OEM带来压力，迫使他们尽快交付硬件。如果软件公司时间紧迫，那么他们应该倾向于选择那些能够尽快为他们提供最新硬件（安装完毕并投入使用）的芯片制造商/OEM。</p><p style=\"text-align: justify;\">因此，如果英伟达想要保持其竞争地位，那么它应该倾向于高度重视与超微电脑的合作伙伴关系，因为后者能够快速将系统推向市场并建立和运行数据中心。从战略上讲，英伟达没有任何理由放弃超微电脑。</p><p style=\"text-align: justify;\">考虑到此后的所有发展，2025年很可能是超微电脑又一个强劲增长的一年。2024年的增长也可能比分析师之前的估计要强一些。</p></body></html>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>顺风之下，超微电脑将迎来高光之年？</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n顺风之下，超微电脑将迎来高光之年？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-31 17:41 北京时间 <a href=https://mp.weixin.qq.com/s/lKqCjY7eboiIkJY8UA0j-g><strong>华尔街大事件</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>分析师认为下面三个条件将有利于超微电脑今年及以后保持强劲增长：人工智能硬件市场不断扩大。随着能耗/GPU的增加，对液体冷却的需求也不断扩大。随着芯片制造商之间的竞争愈演愈烈，产品上市时间变得越来越重要。英伟达最近的收益对超微电脑投资者具有重大意义，因为英伟达似乎证实了这三种趋势现在都对当今AI基础设施的建设产生了重大影响。因此，超微电脑的增长速度可能比预期的要快，至少在2025年之前可能会产生超额...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/lKqCjY7eboiIkJY8UA0j-g\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4bdda636b72893b42986cfd262728b58","relate_stocks":{"BK4588":"碎股","SMCI":"超微电脑","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4170":"电脑硬件、储存设备及电脑周边","BK4585":"ETF&股票定投概念"},"source_url":"https://mp.weixin.qq.com/s/lKqCjY7eboiIkJY8UA0j-g","is_english":false,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1121907128","content_text":"分析师认为下面三个条件将有利于超微电脑今年及以后保持强劲增长：人工智能硬件市场不断扩大。随着能耗/GPU的增加，对液体冷却的需求也不断扩大。随着芯片制造商之间的竞争愈演愈烈，产品上市时间变得越来越重要。英伟达最近的收益对超微电脑投资者具有重大意义，因为英伟达似乎证实了这三种趋势现在都对当今AI基础设施的建设产生了重大影响。因此，超微电脑的增长速度可能比预期的要快，至少在2025年之前可能会产生超额回报。英伟达的最新收益再次超出预期，该公司继续看到数据中心GPU的强劲需求。在财报电话会议上，英伟达管理层透露，上个季度对其当前一代Hopper GPU的需求“持续增长”。有人担心，3月份发布的下一代Blackwell GPU可能会减缓对Hopper的需求，因为客户正在等待下一代产品。看来这种影响还不足以阻止Hopper的增长，因为英伟达本季度再次预测了连续增长。Hopper的强劲需求（和不断扩大的供应）似乎对超微电脑有利。如果Hopper需求放缓，那么超微电脑的收入可能会在未来几个季度停滞不前。但随着Hopper继续保持增长轨迹，超微电脑似乎有望在今年剩余时间内继续保持连续增长。其次，英伟达还向投资者介绍了其下一代Blackwell GPU。Nvidia透露，“Blackwell已全面投入生产”，该公司预计“今年Blackwell的收入将大幅增加”。此外，“Blackwell将在发布时出现在100多个OEM和ODM系统中，数量是Hopper的两倍多，涵盖了全球所有主要的计算机制造商。”当Blackwell宣布上市时，有人怀疑它能否在今年产生巨大的财务影响。半导体产量的提升往往需要相当长的时间，因此这种怀疑是有道理的。尽管如此，看起来英伟达的增产速度比预期的要快得多，尽管我们不知道“Blackwell带来大量收入”的具体含义，但Blackwell似乎很快就会成为英伟达产出的重要组成部分。同样，这对超微电脑来说可能是件好事。Blackwell的性能和能效将远高于Hopper，因此对它的需求应该会很强劲。我们还从各大云服务提供商那里听说，他们今年和明年将在AI基础设施上投入巨资。Blackwell GPU的价格也将高于Hopper GPU。所有这些因素都表明，Blackwell比预期更早的到来应该对超微电脑明年的营收增长有利（也许Blackwell在今年年底也会做出一些贡献）。为了支持更高的计算性能，数据中心GPU的功耗不断增加。例如，英伟达的下一代B200加速器将消耗1,000瓦电力，而下一代B100和当前一代H100的功耗为700瓦，上一代A100的功耗为400瓦。随着功耗的增加，产生的热量也会增加，这进一步提高了在数据中心安装液体冷却系统的技术和经济价值。超微电脑已经在这一领域拥有经验，并提供各种液体冷却解决方案。未来几年对液体冷却的需求增加可能有助于超微电脑增加其对数据中心“经济”的附加值，这可能会进一步促进公司的营收增长。根据英伟达管理层的评论，现在看来液体冷却可能会在Blackwell上开始流行。我之前不确定Blackwell的散热问题是否会达到临界点，或者我们是否必须等待下一代。现在我认为Blackwell就是临界点。英伟达管理层在财报电话会议上6次提到了液体冷却（一次是主动提及，其余都是在回答问题时提及）。相比之下，前三个季度的财报电话会议上，提及次数为零。提及次数增加是一个好兆头，而且讨论的内容更加积极。以下是最重要的一点：我们也一直在为整个生态系统做好准备，为液体冷却做好准备。我们已经与生态系统讨论Blackwell很长时间了。还有CSP[云服务提供商]、数据中心、ODM、系统制造商、我们的供应链、冷却供应链基础、液体冷却供应链基础、数据中心供应链基础……这一举措的理由似乎正如讨论的那样，即随着能源消耗的增加，安装更高效的冷却系统变得更具经济价值：CPU的集成和计算密度的大幅压缩，液体冷却将为数据中心节省大量电力配置成本，更不用说更节能了。所以这是一个更好的解决方案。从评论来看，数据中心行业确实在齐心协力向液体冷却迈进。此外，超微电脑已准备好产品。在最近的财报电话会议上，超微电脑管理层宣布，他们的“新DLC[直接液体冷却]液体冷却构建块和机架级整体解决方案技术终于准备好进行大批量生产。”超微电脑声称“有望每月生产超过2,000个AI服务器液冷DLC机架，产量稳步增长。”他们的总产能约为每月5,000个机架，因此随着数据中心在未来几个季度开始这一转变，他们应该准备好相当可观的液体冷却供应。这将为超微电脑带来进一步的收入增长。芯片制造商之间的竞争加剧可能会增加超微电脑的上市时间优势的价值。随着芯片制造商之间的竞争日趋激烈，他们纷纷加速AI路线图的推进，超微电脑在先入市场方面的优势可能会变得更有价值。对于高性能芯片而言，时机就是一切：如果来得太晚，再好的芯片设计也会失去部分或大部分价值。因此，例如，如果超微电脑能够比其他OEM提前一个季度将基于AMD下一代MI400加速器的系统推向市场，那么这将对帮助AMD保持竞争力做出不小的贡献。英伟达或英特尔也可能有类似的理由。随着高性能芯片市场的增长以及芯片制造商全力以赴保持竞争力，超微电脑作为合作伙伴的重要性可能会继续增加。英伟达首席执行官黄仁勋在最近的财报电话会议上发表的评论进一步增强了此观点的信心：让我举个例子来说明时间是多么宝贵，为什么立即建立数据中心的想法如此宝贵，为什么获得所谓的训练时间如此宝贵。原因是，下一家达到下一个重大里程碑的公司可以宣布一项突破性的人工智能。而第二家公司可以宣布一项比这好0.3%的东西。所以问题是，你想成为不断提供突破性人工智能的公司，还是不断提供比这好0.3%的公司？这就是为什么这场竞赛，就像所有技术竞赛一样，如此重要的原因……领导力非常重要。培训时间非常重要……提前三个月开始是最重要的。虽然黄仁勋谈论的是人工智能软件公司之间的竞争，但我们很容易看出，这种竞争也会给芯片制造商和OEM带来压力，迫使他们尽快交付硬件。如果软件公司时间紧迫，那么他们应该倾向于选择那些能够尽快为他们提供最新硬件（安装完毕并投入使用）的芯片制造商/OEM。因此，如果英伟达想要保持其竞争地位，那么它应该倾向于高度重视与超微电脑的合作伙伴关系，因为后者能够快速将系统推向市场并建立和运行数据中心。从战略上讲，英伟达没有任何理由放弃超微电脑。考虑到此后的所有发展，2025年很可能是超微电脑又一个强劲增长的一年。2024年的增长也可能比分析师之前的估计要强一些。","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":310386786930712,"gmtCreate":1716787454960,"gmtModify":1716791865514,"author":{"id":"3562839524718897","authorId":"3562839524718897","authorIdStr":"3562839524718897","name":"旅行蛙","avatar":"https://static.tigerbbs.com/141de2e30f8b2c0e13678c64cfd16ea4","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562839524718897"},"themes":[],"htmlText":"🚀🚀🚀","listText":"🚀🚀🚀","text":"🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310386786930712","repostId":"2437052520","repostType":2,"repost":{"id":"2437052520","pubTimestamp":1716776237,"share":"https://ttm.financial/m/news/2437052520?lang=&edition=fundamental","pubTime":"2024-05-27 10:17","market":"us","language":"en","title":"Super Micro Computer: There's Still Gas Left In The Tank","url":"https://stock-news.laohu8.com/highlight/detail?id=2437052520","media":"seekingalpha","summary":"Dell held its investor conference this month, demonstrating Dell's full-stack approach to AI. Nvidia CEO Jensen Huang emphasized his company's close collaboration with Dell as Nvidia looks to access Dell's enterprise and government customer base. Nvidia and Dell are working closely to increase the adoption of AI factories and fulfill Nvidia's ambitions to \"extend generative AI capabilities to every company worldwide.\" Therefore, as AI broadens beyond cloud hyperscalers to enterprise and industry verticals, Super Micro could face higher execution challenges. Super Micro's Next Growth Wave: Sovereign AI Despite that, Super Micro is confident of scaling quickly with its modular approach for its hyperscale, tier-2 cloud service providers, and enterprise customers. In addition, Super Micro believes that it can deliver 2,000 direct liquid cooling monthly rack capacity by the end of June. With an anticipated 5,000 total monthly rack capacity, Super Micro's rapid go-to-market strategy suggest","content":"<ul style=\"\"><li><p>Super Micro is leading the way as it benefits from Nvidia's leadership in AI chips.</p></li><li><p>Super Micro looks ready to capitalize on the next AI growth wave in enterprise and sovereign AI adoption.</p></li><li><p>The company is focusing on gaining market share quickly, potentially hurting near-term profitability.</p></li><li><p>Super Micro must establish its leadership by bringing its cutting-edge AI rack solutions ahead of its peers.</p></li><li><p>SMCI is still valued cheaply, given its growth potential. Consider buying before it potentially reaches its all-time high.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e678235f3d3a4c30f6900e649543eed9\" alt=\"JHVEPhoto\" title=\"JHVEPhoto\" tg-width=\"750\" tg-height=\"500\"><span>JHVEPhoto</span></p><h2 id=\"id_2390201927\">Super Micro Ready To Ride On Nvidia's Hype</h2><p>In my previous bullish SMCI article in March 2024, I upgraded my thesis on Super Micro Computer, Inc. (NASDAQ:SMCI) stock. While not bearish, I explained why my previous cautious ratings (Hold) didn't seem justified, as the AI hype has demonstrated its sustainability for SMCI. As one of the leading companies focusing on AI rack server solutions, Super Micro is in a prime position to leverage Nvidia's (NVDA) leadership as the AI chips designer.</p><p>Nvidia's Q1 earnings release this week underscored the robustness of its revenue growth trajectory with another beat-and-raise quarter. Analysts have struggled to fully understand the significant growth opportunities attributed to Nvidia's AI monetization potential in the near term. Nvidia's incredible execution has downplayed these fears, as the King of AI expects to be supply constrained through 2025.</p><p>Notwithstanding my optimism, SMCI has struggled to maintain its upward momentum, even though NVDA stock has burst through new all-time highs this week. As a result, could SMCI's growth spurt over the past year be over as potential fears of more intense competition emerge?</p><p>Dell (DELL) held its investor conference this month, demonstrating Dell's full-stack approach to AI. Nvidia CEO Jensen Huang emphasized his company's close collaboration with Dell as Nvidia looks to access Dell's enterprise and government customer base. Nvidia and Dell are working closely to increase the adoption of AI factories and fulfill Nvidia's ambitions to \"extend generative AI capabilities to every company worldwide.\" Therefore, as AI broadens beyond cloud hyperscalers to enterprise and industry verticals, Super Micro could face higher execution challenges.</p><h2 id=\"id_2424388832\">Super Micro's Next Growth Wave: Sovereign AI</h2><p>Despite that, Super Micro is confident of scaling quickly with its modular approach for its hyperscale, tier-2 cloud service providers, and enterprise customers. In addition, Super Micro believes that it can deliver 2,000 direct liquid cooling monthly rack capacity by the end of June. With an anticipated 5,000 total monthly rack capacity, Super Micro's rapid go-to-market strategy suggests it can gain market share quickly in the DLC space. Super Micro expects liquid cooling adoption to \"increase to 20% of data centers over the next 12 to 18 months.\" With a current adoption rate of just 1% for liquid cooling in data centers, Super Micro's ability to expand market share quickly could be pivotal to solidifying its leadership position.</p><p>Super Micro management is committed to its GTM strategy, balancing price and volume growth. While DLC rack servers are anticipated to produce more robust margin accretion moving ahead, Super Micro is focused on gaining market share in the near term. As a result, investors must anticipate potential margin dilution as Super Micro looks to secure its market advantages and demonstrate its core value proposition.</p><p>Moreover, the anticipated traction in sovereign AI could bolster another potentially massive AI growth wave that is not captured in the current demand/supply dynamics. Super Micro management emphasized \"increasing investment plans in AI from both sovereigns and enterprises in EMEA and Europe.\"</p><p>As a result, Super Micro believes near-term monetization from \"a continued strong track of investment over the next 12 months.\" Nvidia CEO Jensen Huang reminds investors that \"no country can afford to outsource its intelligence on first principles.\" As a result, sovereign AI demand is expected to gain solid and sustainable growth momentum as countries need to harness their unique and \"native data as their natural resource\" and \"transfer them into artificial intelligence.\" Therefore, it suggests that the AI growth upcycle could be far from over as the adoption broadens to the enterprise and sovereign opportunities.</p><h2 id=\"id_48352312\">Is SMCI Stock A Buy, Sell, Or Hold?</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d138b660a45e3c9f26c28724a4001da8\" tg-width=\"618\" tg-height=\"322\"></p><p>SMCI Quant Grades (Seeking Alpha)</p><p>SMCI stock is assigned a \"C\" valuation grade, corroborating its reasonable valuation. SMCI's forward adjusted PEG ratio of 0.79 is more than 60% below its sector median. Analysts' estimates have been revised upward, bolstering Super Micro's execution prowess and growth opportunities.</p><p>Despite that, concerns about its near-term margin impact are justified, as Super Micro needs to lift CapEx while balancing price and volume opportunities to gain market share quickly. As a result, SMCI's \"D\" profitability grade underscores the inherent profitability volatility in its business model and strategy, potentially affecting near-term buying sentiments.</p><p>I have assessed it could have contributed to the relatively tepid buying momentum recently. Investors have likely reassessed whether heightened competition beyond the hyperscaler space could introduce more volatility on Super Micro's profitability model relative to its long-term gross margin outlook of between 14% and 17%.</p><p>Notwithstanding the caution, I have assessed that SMCI's buying momentum (\"A+\" momentum grade) has remained incredibly robust. Therefore, investors are likely accumulating (and not distributing), adding exposure progressively before the next upcycle toward its all-time highs.</p><p><em>Rating: Maintain Buy.</em></p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Computer: There's Still Gas Left In The Tank</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Computer: There's Still Gas Left In The Tank\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-27 10:17 GMT+8 <a href=https://seekingalpha.com/article/4695488-super-micro-computer-theres-still-gas-left-in-the-tank><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Super Micro is leading the way as it benefits from Nvidia's leadership in AI chips.Super Micro looks ready to capitalize on the next AI growth wave in enterprise and sovereign AI adoption.The company ...</p>\n\n<a href=\"https://seekingalpha.com/article/4695488-super-micro-computer-theres-still-gas-left-in-the-tank\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4549":"软银资本持仓","BK4548":"巴美列捷福持仓","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0079474960.USD":"联博美国增长基金A","LU0082616367.USD":"摩根大通美国科技A（dist）","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4515":"5G概念","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0061474960.USD":"天利环球焦点基金AU Acc","SMCI":"超微电脑","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","LU0353189763.USD":"ALLSPRING US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4535":"淡马锡持仓","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC"},"source_url":"https://seekingalpha.com/article/4695488-super-micro-computer-theres-still-gas-left-in-the-tank","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2437052520","content_text":"Super Micro is leading the way as it benefits from Nvidia's leadership in AI chips.Super Micro looks ready to capitalize on the next AI growth wave in enterprise and sovereign AI adoption.The company is focusing on gaining market share quickly, potentially hurting near-term profitability.Super Micro must establish its leadership by bringing its cutting-edge AI rack solutions ahead of its peers.SMCI is still valued cheaply, given its growth potential. Consider buying before it potentially reaches its all-time high.JHVEPhotoSuper Micro Ready To Ride On Nvidia's HypeIn my previous bullish SMCI article in March 2024, I upgraded my thesis on Super Micro Computer, Inc. (NASDAQ:SMCI) stock. While not bearish, I explained why my previous cautious ratings (Hold) didn't seem justified, as the AI hype has demonstrated its sustainability for SMCI. As one of the leading companies focusing on AI rack server solutions, Super Micro is in a prime position to leverage Nvidia's (NVDA) leadership as the AI chips designer.Nvidia's Q1 earnings release this week underscored the robustness of its revenue growth trajectory with another beat-and-raise quarter. Analysts have struggled to fully understand the significant growth opportunities attributed to Nvidia's AI monetization potential in the near term. Nvidia's incredible execution has downplayed these fears, as the King of AI expects to be supply constrained through 2025.Notwithstanding my optimism, SMCI has struggled to maintain its upward momentum, even though NVDA stock has burst through new all-time highs this week. As a result, could SMCI's growth spurt over the past year be over as potential fears of more intense competition emerge?Dell (DELL) held its investor conference this month, demonstrating Dell's full-stack approach to AI. Nvidia CEO Jensen Huang emphasized his company's close collaboration with Dell as Nvidia looks to access Dell's enterprise and government customer base. Nvidia and Dell are working closely to increase the adoption of AI factories and fulfill Nvidia's ambitions to \"extend generative AI capabilities to every company worldwide.\" Therefore, as AI broadens beyond cloud hyperscalers to enterprise and industry verticals, Super Micro could face higher execution challenges.Super Micro's Next Growth Wave: Sovereign AIDespite that, Super Micro is confident of scaling quickly with its modular approach for its hyperscale, tier-2 cloud service providers, and enterprise customers. In addition, Super Micro believes that it can deliver 2,000 direct liquid cooling monthly rack capacity by the end of June. With an anticipated 5,000 total monthly rack capacity, Super Micro's rapid go-to-market strategy suggests it can gain market share quickly in the DLC space. Super Micro expects liquid cooling adoption to \"increase to 20% of data centers over the next 12 to 18 months.\" With a current adoption rate of just 1% for liquid cooling in data centers, Super Micro's ability to expand market share quickly could be pivotal to solidifying its leadership position.Super Micro management is committed to its GTM strategy, balancing price and volume growth. While DLC rack servers are anticipated to produce more robust margin accretion moving ahead, Super Micro is focused on gaining market share in the near term. As a result, investors must anticipate potential margin dilution as Super Micro looks to secure its market advantages and demonstrate its core value proposition.Moreover, the anticipated traction in sovereign AI could bolster another potentially massive AI growth wave that is not captured in the current demand/supply dynamics. Super Micro management emphasized \"increasing investment plans in AI from both sovereigns and enterprises in EMEA and Europe.\"As a result, Super Micro believes near-term monetization from \"a continued strong track of investment over the next 12 months.\" Nvidia CEO Jensen Huang reminds investors that \"no country can afford to outsource its intelligence on first principles.\" As a result, sovereign AI demand is expected to gain solid and sustainable growth momentum as countries need to harness their unique and \"native data as their natural resource\" and \"transfer them into artificial intelligence.\" Therefore, it suggests that the AI growth upcycle could be far from over as the adoption broadens to the enterprise and sovereign opportunities.Is SMCI Stock A Buy, Sell, Or Hold?SMCI Quant Grades (Seeking Alpha)SMCI stock is assigned a \"C\" valuation grade, corroborating its reasonable valuation. SMCI's forward adjusted PEG ratio of 0.79 is more than 60% below its sector median. Analysts' estimates have been revised upward, bolstering Super Micro's execution prowess and growth opportunities.Despite that, concerns about its near-term margin impact are justified, as Super Micro needs to lift CapEx while balancing price and volume opportunities to gain market share quickly. As a result, SMCI's \"D\" profitability grade underscores the inherent profitability volatility in its business model and strategy, potentially affecting near-term buying sentiments.I have assessed it could have contributed to the relatively tepid buying momentum recently. Investors have likely reassessed whether heightened competition beyond the hyperscaler space could introduce more volatility on Super Micro's profitability model relative to its long-term gross margin outlook of between 14% and 17%.Notwithstanding the caution, I have assessed that SMCI's buying momentum (\"A+\" momentum grade) has remained incredibly robust. Therefore, investors are likely accumulating (and not distributing), adding exposure progressively before the next upcycle toward its all-time highs.Rating: Maintain Buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
