文章核心观点 - 人工智能浪潮对英伟达和美光科技两家半导体公司业绩产生显著积极影响 两家公司均公布强劲季度业绩 [1] - 美光科技因其专注于AI的高带宽内存芯片需求激增而表现突出 其估值相对于英伟达更具吸引力 可能成为更明智的AI领域投资选择 [10][11][13] 美光科技业绩表现 - 第四财季收入达到113.2亿美元 高于去年同期的77.5亿美元以上 净收入为32亿美元或每股2.83美元 去年同期为8.87亿美元以上或每股79美分 [1] - 整个2025财年收入总计373.8亿美元 高于上年的251.1亿美元以上 净收入为85.4亿美元或每股摊薄收益7.59美元 [2] - 关键云内存业务部门销售额达45.4亿美元 同比增长超过三倍 [3] - 公司将第一财季收入指引上调至125亿美元 [3] 美光科技增长动力 - 高带宽内存芯片需求激增 该芯片以降低功耗和处理大量数据能力著称 [3] - 其HBM芯片用于部分英伟达半导体和多种AI智能手机 可能很快提振公司业绩 [5] - 作为美国唯一的内存制造商 公司独特定位于利用AI机遇 [4] - 在美国增加芯片生产的举措有助于规避关税相关风险 [5] 英伟达业绩表现 - 第二财季收入同比增长56% 达到467亿美元 主要由先进Blackwell芯片销售驱动 [8][11] 英伟达战略举措 - 加强与大客户合作 巩固其作为AI训练和开发领先供应商的地位 [6] - 承诺向OpenAI投资1000亿美元 将供应至少10吉瓦的英伟达系统 [6] - 计划向英特尔普通股投资50亿美元 以开发数据中心和个人电脑利基产品 [7] - 其CUDA软件平台构建了宽广护城河 应能推动增长 [8] - 尽管存在中美贸易问题 仍成功向其他客户销售H20芯片 表明关税未对其业绩产生负面影响 [9] 估值比较 - 美光科技远期市盈率为12.56倍 而英伟达为40.11倍 显示美光科技看起来更可负担 [11][13] - 巨大的估值差距表明 相对于美光科技 英伟达显得定价过高 使美光科技目前成为有吸引力的买入选择 [13]

业绩表现 - 季度收入达到113.2亿美元 超出市场预期的111.2亿美元 [1] - 非GAAP每股收益为3.03美元 高于市场预期的2.82美元 [1] - 毛利率达45.7% 超过市场预期的44.7% [1] 业绩指引 - 预计下季度收入中值为125亿美元 显著高于市场预期的119.8亿美元 [2] - 预测非GAAP毛利率为51.5% 大幅超越市场预期的46.1% [2] - 预计非GAAP每股收益区间为3.60-3.90美元 远超市场预期的3.09美元 [2]

Bokeh Capital Partners CIO Kim Forrest says she expects Micron shares to continue to rise long-term as markets become more aware of the need for high bandwidth memory in the AI age. She tells Bloomberg's Caroline Hyde and Ed Ludlow why "old tech" makes a good new investment on "Bloomberg Tech." ...

The market is starting to understand the HBM is absolutely critical to the infrastructure build that we've got, but still such a high bar for Micron. What is your reaction and interpretation of those numbers. I thought they were incredible because I had, you know, consensus estimates kind of in my mind whenever I was looking at this stock.Now, the other thing that is missing from this equation is it's run up tremendously in the recent past. So I think there is a little but maybe some of the traders that are ...

Ah, the stock market. That bastion of calm, rational decision-making, where every move is meticulously calculated and volatility is but a distant memory. Or so it would be, if not for the persistent, electrifying presence of one Donald J. Trump, whose pronouncements continue to send sectors soaring, plummeting, or simply scratching their collective heads. Today, September 24, 2025, was no exception, as investors grappled with an array of policy shifts, tariff threats, and social media musings that proved, o ...

Welcome to Market Catalyst. I'm Julie Hyman. We are 30 minutes into the US trading day.Let's get to the three market catalysts we're watching this hour. First up, US stocks push higher as the record setting rally continues. We'll bring you the outlook for equities with Binky Chada of Deutsche Bank.Plus, Micron giving an upbeat forecast amid strong AI demand. Details ahead on not just that, but the whole AI universe. And we'll break down the risks facing media and telecom companies as late night host Jimmy K ...

Micron Technology, Inc. (NASDAQ: MU ), has been one of my top picks over the past year. Since my previous Strong Buy article on the company at the beginning of 2025, MU has surged byI write about growth opportunities in different sectors related to technology, providing analyses of fundamentals that are driven by current and future trends. Senior Data Analyst by day, I am building and managing my own portfolio of tech-related securities, which to date has consistently beaten the market.Analyst’s Disclosure: ...

Micron Technology, Inc. (NASDAQ: MU ), has been one of my top picks over the past year. Since my previous Strong Buy article on the company at the beginning of 2025, MU has surged byI write about growth opportunities in different sectors related to technology, providing analyses of fundamentals that are driven by current and future trends. Senior Data Analyst by day, I am building and managing my own portfolio of tech-related securities, which to date has consistently beaten the market.Analyst’s Disclosure: ...

All right, Micron out with its fourth quarter results on Tuesday, topping Wall Street's expectations across the board and providing an upbeat outlook. The company reporting adjusted earnings per share of $3.3%. That's ahead of forecasts for $2.84% revenue coming in at 11.32% billion in its latest quarter.That is ahead of the 11.15% that Wall Street was expecting. Stock here up about 3% in immediate reaction to the numbers. And joining us now to discuss the quarter is Daniel Morgan.He's a VP and senior portf ...

About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...