[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcio1b61c1dd":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":80},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dcio1b61c1dd","大超预期！超微电脑(SMCI)单季营收直逼195亿美元，华尔街高呼这是“明确的积极信号”","\u002Fdoc\u002Fdcio1b61c1dd","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\n\u003C\u002Fp>\u003Cp>\u003Cspan>美股投资网获悉，人工智能(AI)服务器制造商超微电脑(SMCI)提前公布的季度初步业绩大幅超出华尔街预期，这体现了当前AI基础设施投资热潮仍在推动服务器需求快速增长。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>根据超微电脑公布的声明，该公司截至9月30日的季度营收预计介于185亿至195亿美元之间，显著高于分析师平均预期150亿美元。以指引区间中值190亿美元计算，预计营收较市场预期高出约26.7%。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>与此同时，公司预计该季度毛利率介于12%至12.5%之间。尽管超微电脑尚未公布完整季度财务数据，初步营收表现已反映出AI服务器市场的强劲需求。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>华尔街分析师将这份数据视为“明确的积极信号”，同时预计该公司股价将因这份预披露而走高。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>据超微电脑称，该公司把营收超预期归因于AI平台需求强劲，同时把毛利率超预期归因于有利的客户和产品组合。对此，摩根大通指出，营收超预期在部分程度上已被投资者预期，因定价环境和主要客户的数据中心投资计划提供线索，但毛利率超预期是更大的惊喜12.0%至12.5%的水平高于摩根大通预测的10.6%和市场一致预期的10.4%。营收与毛利率双超意味着F1Q27每股收益将明显高于摩根大通和市场一致预期的1.05美元。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>不过，摩根大通提醒，F1Q27毛利率仍较F4Q26的17.6%明显回落;F4Q26受益于若干合同递延、较低关税成本及存货准备金，而F1Q27毛利率高于去年同期的9.5%，管理层称基础业务组合好于原先预期。投资者关注重点仍是毛利率超预期的具体驱动因素，以及这种利润率水平能否持续。目前，摩根大通维持对超微电脑的“中性”评级。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>超微电脑尚未更新FY27指引，此前指引总营收为650亿至720亿美元。公司还曾在上季度业绩会上表示，F4Q26现金转换周期为149天，预计将改善，但若营收超过800亿美元，可能需要寻求外部融资。该公司预计将于11月3日盘后召开业绩电话会。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>产业链层面，高盛认为超微电脑AI平台需求强劲对戴尔(DELL)构成正向读穿，并看到戴尔F2027(截至2027年1月的12个月)740亿美元AI服务器销售目标存在上行空间。摩根大通也认为该结果对戴尔、慧与科技(HPE)等同行构成积极读穿。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>Wedbush则在一份研报中还提到这份数据对英伟达(NVDA)以及存储和硬盘驱动器(HDD)板块的正面影响。Wedbush分析师Matt Bryson称，超微电脑营收较此前指引高出约40亿美元，毛利率也高于指引区间，整体是“明确的积极信号”。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>不过，高盛继续维持超微电脑“卖出”评级，目标价为34美元，Wedbush则给予“中性”评级，目标价为40美元。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>最专业的美股资讯,推荐美股大数据 \u003Ca href=\"https:\u002F\u002FStockwe.com\u002F\">https:\u002F\u002FStockwe.com\u002F\u003C\u002Fa>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>如何识别美股市场异常波动？美国机构主力资金买卖情况，出货和吸筹，使用美股投资网VIP会员，2008年成立于美国硅谷，由前纽约证券交易所分析师Ken创立，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化模型，建立了一个股市数据库 \u003Ca href=\"https:\u002F\u002FStockWe.com\u002F\">https:\u002F\u002FStockWe.com\u002F\u003C\u002Fa> 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buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 \u003Ca href=\"https:\u002F\u002Fstockwe.com\" rel=\"noopener\">StockWe.com\u003C\u002Fa> 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理海量股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，美股买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":81,"search":82,"searchPlaceholder":82,"hotContent":83,"draft":84,"noData":85,"searchNoData":86,"courseContent":87,"more":88,"buyNow":89,"subscribeNow":90,"encoding":91,"paidContent":92},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]