AVGO加速增长的AI收入（FY27为1150亿美元，FY28为2300亿美元）支撑长期看涨论点；财报后卖出被视为错误。
逐段跳播
本周，我们从博通、Snowflake 和 Palo Alto 等公司获得了重要更新，这三家公司分别展示了人工智能的三个不同层面。博通为我们提供了关于人工智能基础设施的视角。
This week we got important updates from companies such as Broadcom, Snowflake, and Palo Alto , with all three companies providing a fascinating look at three different layers of artificial intelligence. Broadcom gives us a perspective on artificial intelligence infrastructure .
但让我们先谈谈博通，因为这些数字非常庞大。博通刚刚公布了 296 亿美元的季度营收，同比增长 86%。非 GAAP 每股收益为 3.32 美元，公司在本季度内产生了 137 亿美元的可观自由现金流。
But let's start with Broadcom first, because these numbers are enormous. Broadcom just announced quarterly revenues of $29.6 billion. This represents an 86% year-on-year increase. Non-GAAP earnings per share were $3.32, and the company generated an impressive $13.7 billion in free cash flow during the quarter alone.
但我真正感兴趣的数字是人工智能的未来预测。博通将其 2027 财年的人工智能芯片收入预测上调至约 1150 亿美元，而此前约为 1000 亿美元。
But the number that really interests me is the future projections for artificial intelligence. Broadcom raised its forecast for AI chip revenue for fiscal year 2027 to approximately $115 billion. That was previously around $100 billion.
博通现在正在上调其人工智能收入预测。不同的公司，不同的产品，同样的信息。但他们并没有止步于此。对我来说，这是对公司信心的巨大展示。他们还给出了 2028 财年的收入预测，销售额为 2300 亿美元。
因此，这将是他们明年业绩的两倍。增长正在加速，而不是放缓。人工智能基础设施的支出仍然非常强劲。在这份报告之后卖出该股的投资者从长远来看将是错误的。
Broadcom is now raising its AI revenue forecast . Different company, different products, same message. But they did not stop there. For me , this was a huge show of confidence in the company. They also gave us revenue projections for fiscal year 2028 of $230 billion in sales. So, a doubling of what they will do next year. Growth is accelerating, not slowing down. Spending on artificial intelligence infrastructure remains very strong. Investors who sell the stock after this report will be wrong in the long run .
与此同时，美国与伊朗之间的紧张局势再次升级。油价已回升至每桶 90 美元以上。通胀担忧和债券收益率上升正在给股市带来压力。但在这一切背后，人工智能领域的扩张仍在继续。博通刚刚宣布了大规模的增长。
Meanwhile, tensions between the United States and Iran have escalated once again. Oil has risen back above $90. Inflation fears and rising bond yields are creating pressure on stocks. But, beneath all that, the expansion in the field of artificial intelligence continues. Broadcom has just announced massive growth.
目前，一些与人工智能相关的股票，如博通，看起来更有吸引力，但考虑到我们谈到的九月影响，我想保持耐心。
Currently, some AI-related stocks like Broadcom look more interesting, but I want to be patient given the September impact we talked about.
这个频道对 $AVGO 的历次判断
Mark Roussin, CPA 在这只股票上共 2 条判断，这里只列相邻的几条。