MSFT 是核心长期持仓；其规模带来强大的竞争护城河，并凭借现有的企业级分销渠道，使其成为 AI 基础设施领域的赢家。
逐段跳播
届时增长可能会放缓，而与此同时，Microsoft、Amazon、Meta、Oracle 和 SpaceX 等科技巨头正在人工智能基础设施上投入巨额资金。
Growth may then slow down at a time when technology giants such as Microsoft, Amazon, Meta, Oracle, and SpaceX are investing enormous sums in artificial intelligence infrastructure.
如果你看看我最主要的投资资产，你会发现它们通常是 Microsoft、Google 和 Amazon。这些巨头是我已经把大部分资金投入其中的公司。原因是，我觉得它们规模越大，其竞争护城河就越难以攻破、越难以被穿透。
if you look at my most important investment assets, you'll find that they usually tend to be Microsoft, Google, and Amazon. These are the giants in whom I already put most of my money .
The reason is that I feel the bigger they get , the more impregnable and difficult their competitive trenches become to penetrate.
至于赢家，正如我之前所说，毫无疑问将是那些规模最大的运营者。Microsoft、Meta、Google、SpaceX、Amazon 以及类似的公司。
As for the winners, as I said before, they will undoubtedly be the operators on the widest scale. Microsoft, Meta, Google, SpaceX, Amazon, and similar names.
像 Microsoft 和 Google 这样的公司已经掌握了分销渠道和企业合同，因此它们可以轻松放慢新模型的发布周期。即便周期从 6 个月延长到两年，这些巨头也完全可以放松下来，利用现有的生产线，而不必为了捍卫自身的技术优势不断烧钱。
Companies like Microsoft and Google already own distribution and enterprise contracts, so they can easily slow down the release cycles of new models. Even if the periods extend from 6 months to two years, these are giants who can simply relax and take advantage of their existing production lines without having to constantly burn through cash to defend their technological superiority.
尤其是，我要说大型云计算公司已经把许多网络安全功能和工具直接整合进自己的生态系统。如你所知，Microsoft 是这个领域的巨头。
In particular, I would say that large cloud computing companies are already integrating many cybersecurity features and tools directly into their ecosystems. As you know, Microsoft is a giant in this field.
这个频道对 $MSFT 的历次判断
Ale's World of Stocks 在这只股票上共 2 条判断，这里只列相邻的几条。