ARM 是早期阶段的高利润率标的；随着其成为关键合作伙伴的首选架构，其 CPU 市场份额预计将从 17-18% 增长至 40-50%。
逐段跳播
这就是为什么大家在这里如此疯狂，因为这是一款 x86 产品，意味着你不用支付 ARM 的授权费。ARM 的股价今天涨了不少，因为你有像 Apple 这样的公司，它是 CPU 浪潮的另一个受益者。
And that's why people are going nuts here because this is an x86 product, which means you're not paying the ARM licensing fees. ARM stock was up quite a bit today because you have companies like Apple, another beneficiary of the CPU movement.
顺便说一句，别忘了 OpenAI 为了生成式人工智能买下了数万台 Apple 的 Mac Studio 和 Mac mini，OpenAI 是从 Apple 那里买的，而 ARM 授权了这些 CPU 所基于的架构。所以，它们的股价今天实际上涨了 17%。
By the way, remember OpenAI bought tens of thousands of Apple and Mac Studios and Mac minis for a gentic artificial intelligence as OpenAI bought those from Apple and ARM licenses the uh architecture on which these CPUs are programmed. So, their stock was actually up 17% today.
相对于 AMD，实际上没有多少人在谈论 ARM。把 Apple 当作一个 CPU 标的来看，想想 ARM 芯片。
Not a lot of people actually talking about ARM relative to AMD. Apple as a CPU play, think ARM chips.
所以，你有 AMD、Intel，你有 ARM、Apple，显然还有 Meta，正是它推动了今天的这场疯狂。
So, you've got AMD, Intel, you've got ARM, Apple, obviously Meta, which is driving this insanity today.
不过 ARM 的利润率也相当高，因为 ARM 很可能会达到 CPU 总潜在市场的大约 17% 到 18%，而我认为他们会把它增长到 40% 到 50%
ARM is though also pretty dang high margin because ARM is probably going to get to somewhere around 17 to 18% of total CPU TAM and I think they're going to grow that to 40 to 50%
而在 x86 架构上，你会与 AMD 形成一对一的竞争，因为 ARM 很可能会成为 Apple 和 Nvidia 的首选产品，而且这种局面很可能会保持下去，他们正在进军 CPU 市场。
and you'll be like one in one competition with AMD for uh x86 architectures because ARM is going to be the product of choice likely to stay this way for Apple and Nvidia and they are coming for the CPU market.
不过说到合作关系，我觉得这一点非常有意思。你有 Apple 和 Nvidia 与 ARM 合作。Google 在做一款芯片，Axion，与 ARM 合作。
Uh, regarding partnerships though, and this I think is very interesting. Well, you've got Apple and Nvidia with ARM. Google's doing a chip. Uh, Axion with ARM.
你有 Microsoft 的 Cobalt。这些都是基于 ARM 的。
You've got Microsoft Cobalt. All of those are ARMbased.
你还有 ARM 与 Broadcom 和 Qualcomm 的合作。
You've also uh uh got ARM partnering with Broadcom and Qualcomm.
我们谈到了 ARM。
We talked about ARM.
对 ARM 来说还早。
it's early for ARM.
这个频道对 $ARM 的历次判断
Meet Kevin 在这只股票上共 2 条判断，这里只列相邻的几条。