博通股价在盘前交易中重挫15%，市场普遍将此归咎于其业绩指引未能超越华尔街过高的预期。然而，事情或许并非如此简单。
英国投资管理公司Quilter Cheviot的科技研究主管本·巴林杰指出，竞争格局正开始发生变化，且对博通不利。博通为谷歌、OpenAI和Meta等超大规模云厂商设计定制AI加速器芯片。但巴林杰提到，有报道称谷歌的母公司Alphabet已将中国台湾芯片设计公司联发科引入其供应链。他写道，这“暗示博通未来可能无法维持相同的市场份额”。
“尽管需求强劲，但依然集中，”巴林杰写道，“这使得博通的故事严重依赖于少数几家超大规模云厂商能否持续投入。”
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.