[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcio3a6b2181":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":77},{"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,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dcio3a6b2181","服务器CPU市场洗牌-瑞银：AMD(AMD)、Arm(ARM)一季度侵蚀英特尔(INTC)市场份额","\u002Fdoc\u002Fdcio3a6b2181","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">美股投资网获悉，瑞银表示，Arm Holdings(ARM)和AMD(AMD)第一季度的服务器CPU出货量环比增长超过英特尔(INTC)，并继续以侵蚀英特尔份额的方式实现增长。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">\"服务器CPU总出货量环比增长约6%(或同比增长约19%)，好于约7%的正常季节性跌幅。ARM和AMD的出货量增长超过英特尔，并持续蚕食英特尔的市场份额。按厂商划分，英特尔的市场份额下降了约370个基点(至54.9%)，而AMD的市场份额上升了230个基点(至27.4%)，ARM的市场份额上升了140个基点(至17.7%)，\"该行由Timothy Arcuri领导的分析师团队表示。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">该行分析师指出，ARM的市场份额从11.5%同比增长至17.7%，AMD的市场份额从24.1%增长至27.4%，而英特尔的市场份额则从64.4%下降至54.9%。在x86市场，按营收计算，英特尔的份额下降了490个基点(至53.8%)，而AMD的份额达到46.2%——这是因为英特尔的服务器出货量环比下降了1%，而AMD的服务器出货量环比增长了15%。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">分析师表示，在服务器CPU于2025年同比增长21%之后，他们预计到2026年不会出现任何放缓，因为超大规模数据中心的资本支出(即capex)同比增长近81%，而代理式AI推动了对CPU需求的阶跃式增长。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">\"虽然所有CPU架构都将在短期内受益于AI需求的增长，但鉴于ARM架构的节能特性，我们预计超大规模数据中心将大力采用ARM架构作为头节点及其他应用。而AMD凭借业界领先的核心数量和多线程能力，能够在单台设备上运行多个子代理，从而更好地处理代理工作负载，因此占据了有利地位。我们相信，随着Coral Rapids系列产品的推出，英特尔的服务器路线图将更具竞争力，同时我们也认为，随着代理工作负载在本地运行，将催化中期内个人电脑市场的增长，英特尔在客户端方面也将因此受益，\"Arcuri及其团队表示。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">此外，分析师指出，2026年第一季度PC CPU总出货量(包括台式机和移动设备)环比下降13%，比五年平均水平(环比下降7%)低6个百分点，这是连续第二个季度低于季节性增长，同比下降6%。x86台式机CPU出货量环比下降26%(正常季节性为环比下降19%)，x86笔记本电脑CPU出货量环比下降7%(正常季节性为环比下降5%)。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">按出货量计算，英特尔台式机市场份额环比增长160个基点(至61.6%)，但笔记本电脑市场份额环比下降160个基点(至59.8%)，尽管Panther Lake处理器提前上市，但其综合市场份额仍下降80个基点至60.2%。AMD的出货量市场份额增长10个基点(至25.3%)，Arm的市场份额增长50个基点(至14.4%)。按营收计算，市场份额的环比变化趋势类似。分析师指出，英特尔和AMD的PC平均售价(ASP)环比均实现了中等个位数百分比的增长，高于通常较为平稳的正常季节性水平。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">瑞银预测，由于内存价格上涨导致全年需求受损，2026年全球个人电脑出货量将同比下降约11%。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">\"具体而言，我们认为2026年第一季度出现了一些在进一步涨价前的提前采购，预计随后2026年第二季度至第四季度将出现低于季节性的增长。因此，我们预测全球PC出货量约为2.42亿台，\"Arcuri及其团队表示。\"展望未来，鉴于内存价格持续高企、潜在的配置下调以及Windows 11过渡后更为正常的换机周期，预计2027年PC出货量仅能同比增长2%。尽管如此，AMD仍将继续直接从英特尔手中夺取客户端市场份额。\"\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">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>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">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> 每天处理千万级股票数据：捕捉期权大单，实时主力资金流向、机构持仓变化、川普突发新闻，精准交易信号第一时间发到您手机APP！\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003C\u002Fp>","https:\u002F\u002Fwww.tradesmax.com\u002Fimages\u002Fa_Stock\u002FA\u002FAMD\u002FAMD.jpg","2026-05-14T15:02:22","2026.05.14","2026\u002F05\u002F14",58192,[22],"AMD","Article",0,"免费","success",{"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":28,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},[22],"\u002Fcol\u002Fstocknews",{"visible":5,"marketingHtml":31,"services":32,"recentDocuments":41},"\u003Cfigure class=\"image\">\u003Ca href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\" target=\"_blank\" rel=\"noopener noreferrer\">\u003Cimg style=\"display:block;margin-left:auto;margin-right:auto;\" src=\"https:\u002F\u002Fstockwewebfiles.blob.core.windows.net\u002Fweb-202408-stk\u002F1586109431mceclip0.jpg\">\u003C\u002Fa>\u003C\u002Ffigure>\u003Cdiv class=\"text-center\">\u003Ch2 class=\"card-title mx-auto\">\u003Cbr>\u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\">案例介绍：英伟达深度研究报告\u003C\u002Fa>\u003C\u002Fh2>\u003C\u002Fdiv>",[33,37],{"productId":34,"serviceName":35,"priceText":36},"prod_PPxdDdK87QaiLv","月付","$12.95美元",{"productId":38,"serviceName":39,"priceText":40},"prod_PPxeMs3bix1da5","年付","$149.00美元",[],{"links":43,"images":68,"summaryHtml":73,"aboutTitle":74,"aboutHtml":75,"copyrightHtml":76},[44,47,50,53,56,59,62,65],{"label":45,"url":46},"深度报告","\u002Fcol\u002FdepthReport",{"label":48,"url":49},"VIP会员","\u002Fvip",{"label":51,"url":52},"期权推荐","\u002FOption",{"label":54,"url":55},"低价暴涨股","\u002FPenny",{"label":57,"url":58},"常见问题","https:\u002F\u002Fstockwe.com\u002FFAQ",{"label":60,"url":61},"美股课程","\u002Fcol\u002Fvideos",{"label":63,"url":64},"免责声明","\u002Fdisclaimer",{"label":66,"url":67},"联系我们","\u002FContactUs",[69,70,71,72],"https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploaderzic2tuwsol2_2025_09_11_18_21_07.gif","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploadercakzdvydksw_2025_09_03_09_00_56.png","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploadergtjyagwvoyk_2025_09_14_08_32_05.png","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploader3u0tt4jhlqh_2025_09_23_22_30_48.png","邮箱: buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 StockWe.com 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，每天处理千万级股票数据：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，精准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":78,"search":79,"searchPlaceholder":79,"hotContent":80,"draft":81,"noData":82,"searchNoData":83,"edit":84,"editVideo":85,"courseContent":86,"more":87,"buyNow":88,"subscribeNow":89,"encoding":90,"paidContent":91},"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","编辑","编辑视频","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"]