微软这次目标价被下调了，但研报反而更“安心”

SG Visual Research 图解研报

$微软(MSFT)$

这季微软不是靠“惊喜”撑场面。

Azure、Copilot 都在跑，需求不是问题，反而是算力不够用。

目标价被下调，其实就一个原因：

AI capex 花得比想象中多。

但研报的结论很直白——

Mag 7：微软、英伟达领涨！你更看好哪家表现？

科技股继续力撑美股走高，三大美股指两连阳，道指两日收创历史新高；“科技七巨头”中，微软涨超3%，英伟达涨2.5%，苹果回落逾1%。近日Alphabet美元债筹资200亿美元、原定为150亿，发行100年期英镑债券，为科技公司近30年来首次；黄仁勋最新采访说 Meta 是用AI 最好的公司……各大巨头竞相加码AI算力投入，你更看好哪家后市发展？

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

精彩评论

xiasg
02-03
xiasg
微软没有这样乐观，openAI这个到底是雷还是实打实的赚钱还真不好说
BonnieHoyle
02-03
BonnieHoyle
下调目标价虚惊一场，需求旺得很！

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