美光强劲财报缓解AI需求担忧，推动全球科技股大涨Micron Strong Earnings Ease AI Demand Fears, Boosting Global Tech Stocks

美光科技公布的第三财季业绩表现强劲，其营收从上年同期的93亿美元大幅增长至四倍以上。这一增长主要得益于人工智能热潮下市场对存储芯片的旺盛需求。同时，美光对当前季度的营收展望达到约500亿美元，较上年同期的113亿美元大幅增长，且远超分析师此前预测的435.8亿美元。这一远超预期的业绩指引，直接反映出数据中心及智能手机和笔记本电脑等设备对存储技术的强劲需求。

Micron Technology reported stellar fiscal third-quarter financial results, with its revenue more than quadrupled from $9.3 billion in the same period last year. This rapid growth was primarily fueled by soaring demand for memory chips linked to the ongoing artificial intelligence boom. For the current quarter, Micron projected revenue of approximately $50 billion, representing a massive increase from $11.3 billion a year earlier and significantly beating the $43.58 billion average estimate compiled by analysts.

受此消息推动，美光股价在周三的盘后交易中飙升近15%。在过去一年中，该股已累计上涨约700%，推动其公司市值一举突破1万亿美元大关。美光科技已成为华尔街的关注焦点，其生产的存储技术对于英伟达和谷歌等科技巨头制造的芯片，以及托管这些处理器的数据中心服务器而言至关重要。

Following the blowout earnings report, Micron's shares surged nearly 15% in extended trading on Wednesday. The stock's impressive rally brings its past-year gains to roughly 700%, pushing the chipmaker's market capitalization past the $1 trillion milestone. Micron has become a Wall Street favorite as its memory technology remains essential for processors designed by Nvidia and Google, as well as the servers that house them.

人工智能热潮对全球存储芯片需求起到了极大的推动作用。随着人工智能芯片大量消耗少数几家供应商的生产产能，存储芯片价格在过去两年中大幅飙升。由于数据中心对这类芯片的需求日益增长，用于智能手机、笔记本电脑以及其他电子设备的存储器价格也随之水涨船高。美光的存储技术已成为英伟达和谷歌等科技巨头制造芯片，以及托管这些处理器的数据中心服务器不可或缺的关键组件。

The ongoing artificial intelligence boom has become a massive driver of demand for memory chips globally. Over the past couple of years, memory prices have skyrocketed as advanced AI chips consume almost all the production capacity of a very small group of vendors. Driven by daily increases in data center demand, prices are also rising for the memory used in everyday consumer electronics, including smartphones, laptops, and other gadgets. This has made Micron's technology essential for processors made by tech giants like Nvidia and Google, as well as the servers housing them.

美光科技首席执行官桑杰·梅赫罗特拉在与分析师的电话会议上指出，客户已经认识到存储和闪存的供应短缺需要相当长的时间才能缓解。尽管美光预计整个行业的供应状况将在2028年逐步改善，但目前的供需失衡状态仍将持续。这种长期的供不应求局面，使得美光在半导体产业链中的核心地位更加稳固，也进一步支撑了其强劲的业绩展望。

During a call with analysts, Micron Chief Executive Officer Sanjay Mehrotra noted that customers are increasingly recognizing that supply shortages in memory and storage will take considerable time to improve. Although the company expects industry supply to improve gradually in 2028, the current supply crunch remains a defining factor for the market. This prolonged imbalance highlights why Micron's critical memory and storage products remain in such high demand across the technology sector.

美光科技的强劲表现带动了整个半导体板块的集体走强。其中，同为芯片巨头的高通公司表现尤为亮眼，其股价大涨14%。这一涨幅主要得益于高通上调了2029财年的非手机业务营收指引，将该项营收预测从先前的220亿美元大幅提升至400亿美元。高通对非手机业务前景的乐观预期，进一步增强了市场对半导体行业多元化增长的信心。

The stellar performance of Micron Technology sparked a broad rally across the semiconductor sector, with fellow chip giant Qualcomm leading the charge. Qualcomm's shares surged 14% after the company significantly raised its revenue guidance for its non-handset business in fiscal 2029. The company now projects non-handset revenue to reach $40 billion, a substantial increase from its earlier forecast of $22 billion, signaling strong growth prospects beyond its traditional smartphone market.

在美光与高通双重利好的提振下，其他主要芯片股也纷纷跟涨。闪迪、西部数据、泛林集团、科磊以及应用材料等半导体产业链重要企业的股价均集体走高。这些芯片制造设备商和存储器件供应商的同步上涨，反映出投资者对整个半导体行业景气度回升的乐观态度，也缓解了此前市场对人工智能及科技板块需求可能放缓的担忧。

Driven by the positive momentum from both Micron and Qualcomm, other prominent semiconductor and chip equipment stocks rose in sympathy. Industry names including Sandisk, Western Digital, Lam Research, KLA, and Applied Materials all posted gains. This collective upward movement among key suppliers and equipment manufacturers reflects growing investor confidence in the sustained demand across the global semiconductor supply chain.

美光科技强劲的业绩指引和盘后股价飙升，迅速对全球金融市场产生了积极的提振作用。在美股市场，股指期货在周四早盘走高，其中纳斯达克100指数期货上涨1.8%，标普500指数期货也上涨了0.5%，而与道琼斯工业平均指数挂钩的期货则表现平稳。这一乐观情绪有效缓解了此前市场对人工智能需求放缓的担忧，为全球科技股注入了新的活力。

The blowout financial results and optimistic outlook from Micron Technology immediately triggered a positive reaction across global financial markets. In the United States, stock futures climbed early Thursday, with Nasdaq 100 futures rising 1.8% and S&P 500 futures advancing 0.5%, while futures tied to the Dow Jones Industrial Average remained flat. This upward momentum helped ease broader investor concerns regarding the sustainability of artificial intelligence demand, providing a fresh lift to technology shares globally.

在亚太地区，周四下午盘中各主要市场表现不一，但以科技股为主的指数明显领涨。韩国综合股价指数（Kospi）表现最为强劲，大涨超过5%；日本日经225指数也紧随其后，上涨约4%。此外，中国沪深300指数上涨1.61%。相比之下，澳大利亚S&P/ASX 200指数下跌0.51%，香港恒生指数下跌1.37%，显示出不同区域市场在科技板块带动的热潮中呈现出分化走势。

In the Asia-Pacific region, markets showed a mixed performance during Thursday's afternoon trade, though tech-heavy indexes led the gains. South Korea's Kospi index paced the region's advance, surging more than 5%, while Japan's Nikkei 225 index added approximately 4%. China's CSI 300 index also gained 1.61%. Conversely, other regional benchmarks lagged behind, with Australia's S&P/ASX 200 index slipping 0.51% and Hong Kong's Hang Seng index declining 1.37%, reflecting a divergent response across different market sectors.