由 jpichiban 尽管英伟达公布了强劲的财报，但全球半导体关联股的总市值仍较近期峰值缩水了1万亿美元。市场对人工智能革命的过高期待有所减弱，投资者开始关注高水平设备投资的可持续性。此前，科技巨头在云服务等领域的大规模设备投资曾推动了AI概念股的上涨，但市场开始质疑投资回报。美国科技企业7月财报说明会上承认盈利需要时间，也加剧了市场疑虑。高盛集团将“主要云计算企业对生成式AI基础设施投资急剧减少”列为风险，这将影响整个半导体供应链。尽管英伟达预计未来仍将保持高增长，但市场仍保持谨慎态度。日本半导体制造设备巨头Tokyo Electron等公司的股价下跌，预期PER也显示出市场心理的转变。投资者需要关注AI投资对世界经济的影响，并保持谨慎态度。
Original Title: 全球半导体股总市值缩水1万亿美元
Summary: Despite Nvidia’s strong earnings report, the total market capitalization of global semiconductor-related stocks has shrunk by $1 trillion from recent peaks. The market’s overblown expectations for the AI revolution have cooled, and investors are starting to focus on the sustainability of high-level equipment investments. Previously, large-scale equipment investments by tech giants in areas like cloud services had fueled the rise of AI stocks, but the market is now questioning investment returns. Statements from US tech companies in July acknowledging that profitability will take time have further fueled market concerns. Goldman Sachs has listed “a sharp decline in major cloud computing companies’ investment in generative AI infrastructure” as a risk, which would affect the entire semiconductor supply chain. While Nvidia expects to maintain high growth in the future, the market remains cautious. Share prices of Japanese semiconductor manufacturing equipment giants such as Tokyo Electron have fallen, and the expected PER also reflects a shift in market sentiment. Investors need to watch the impact of AI investment on the global economy and remain cautious.
Original article: http://cn.nikkei.com/politicsaeconomy/stockforex/56563-2024-08-30-10-24-23.html?print=1