拋售英偉達!木頭姐在擔憂什麼?
隨着美股科技股的股價不斷創新高,一些華爾街投資大佬選擇獲利了結。
木頭姐Cathie Wood 就是其中之一,在《華爾街日報》的最新訪談中,她透露了減持英偉達的原因。
擔憂庫存調整、競爭
在訪談中,木頭姐承認自己減持英偉達已經有一段時間了。
而減持主要是因為,木頭姐相信每售出1美元的AI硬件,就會另外售出10美元的AI軟件。 現在大家都知道英偉達是關鍵的芯片廠商。 從某種意義上説,它創造了人工智能時代。 不過,人們的期望可能有些超前。
木頭姐曾在英偉達股價200美元的時候説過這一點,現在股價已經超過700美元了。

木頭姐還將AI給英偉達帶來的影響類比此前加密貨幣熱潮,認為GPU的庫存調整情況會再次發生。
她指出,英偉達是一隻週期性很強的股票,現在就像現在2017年加密貨幣熱潮一樣,GPU非常重要。每個人都興奮地想湧入,所以對GPU進行雙重、三重甚至四重訂購,然後就是庫存調整。 這種情況還會再次發生。
同時,木頭姐還提到了OpenAI等入局芯片帶來的競爭問題。
她表示,超大規模企業,比如 Meta、亞馬遜、Alphabet,他們都在開發自己的人工智能芯片。它們更專業,所以用途更特殊,而英偉達的則更為通用。
她認為,現在,人工智能的繁榮已經成為現實。英偉達是該領域的領導者,它只會面臨更多的競爭,可能還會有需求暫停。
預計業績非常好
當地時間2月21日,英偉達將公佈上季度財報,市場非常關注,有分析認為,這可能會終結科技股的升勢。
目前,分析師們預計,英偉達上季度將實現203.7億美元的營收,較去年同期的60.5億美元大幅增長;每股盈利4.59美元,去年同期為0.88美元。
對此,木頭姐表示,已經聽到英偉達GPU短缺的消息大約一年了,供應短缺,庫存將會減少。
她非常看好人工智能,並認為英偉達在讓世界為AI時代做好準備方面做得非常出色。不過,如果它出現過去那樣的庫存修正,並超過自己的最低迴報率,即未來五年複合年增長率為15%,這將使自己重新思考。
她預計,(英偉達的業績)上個季度會非常好,但問題是,對未來的期望是什麼? 它們是否太高了?庫存是否會調整?
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