Qualcomm Stumbles Even as Analysts Praise New Automotive Wins; Chips Continue to Fall
Qualcomm Stumbles Even as Analysts Praise New Automotive Wins; Chips Continue to Fall
Along with the vast majority of semiconductor stocks, Qualcomm (NASDAQ:QCOM) shares fell nearly 3% on Friday, even as analysts noted that the company's announcement of $30B in design wins for its automotive unit is seen as the company "shifting into top gear."
與絕大多數半導體類股一樣，高通(納斯達克：QCOM)的股價週五下跌近3%，儘管分析師指出，該公司宣佈為其汽車部門贏得300億美元的設計勝利，被視為該公司“進入最快檔”。
Deutsche Bank analyst Ross Seymore, who has a buy rating on Qualcomm's (QCOM), noted that the company's first ever automotive investor day showed off its "breadth and flexibility of its differentiated technology portfolio" that has allowed it to gain significant market share.
德意志銀行(Deutsche Bank)分析師羅斯·塞莫爾對高通(Qualcomm)的評級為買入。他指出，高通有史以來第一個汽車投資者日展示了其“差異化技術組合的廣度和靈活性”，這使其能夠獲得相當大的市場份額。
Seymore said that from a strategic standpoint, Qualcoom (QCOM) believes its broad portfolio of industry leading technologies across connectivity, edge processing and software, combined with its hardware and other software architecture "is a key differentiation versus the competition."
Seymore表示，從戰略角度來看，高通相信其廣泛的行業領先技術組合涵蓋連接、邊緣處理和軟件，再加上其硬件和其他軟件架構，“是區別於競爭對手的關鍵。”
Seymore added that Qualcomm (QCOM) is likely to keep benefiting as it further pushes into the automotive space, while the smartphone market continues to remain choppy.
Seymore補充説，高通(Qualcomm)在進一步進軍汽車領域的過程中可能會繼續受益，而智能手機市場仍然起伏不定。
"[W]e believe the long-term diversification benefits of [Qualcomm's] automotive segment are not only intact but accelerating both in terms of quantity and quality," Seymore wrote.
"[W]我們相信多元化的長期好處[高通的]汽車市場不僅完好無損，而且在數量和質量上都在加速，“塞莫爾寫道。
In addition to boosting its design-win pipeline, Qualcomm (QCOM) also said its 2026 automotive revenue target would increase by 14% and raised its revenue projections over the next four years to 90%, up from 70%, due to existing design wins.
高通(Qualcomm)表示，除了加強其贏得設計的渠道外，其2026年汽車收入目標將增加14%，並將未來四年的收入預期從70%上調至90%，原因是現有的設計獲勝。
KeyBanc Capital Markets analyst John Vinh, who has an overweight rating on Qualcomm (QCOM), noted that much of the design win boost looks to be from an "unannounced OEM win."
KeyBanc Capital Markets分析師約翰·維恩對高通(Qualcomm)給予了加碼評級，他指出，高通在設計方面的成功很大程度上看起來是來自於一場“未經宣佈的OEM勝利”。
"We were most encouraged with the incremental design win traction that [Qualcomm] is getting with [autonomous driving]," Vinh said. "And [we] like the long-term strategic diversification away from handsets."
我們最受鼓舞的是增量設計贏得了牽引力[高通]正在被接受[自動駕駛]他説：“而且。[我們]比如長期的戰略多元化，不再使用手機。
Among other chip companies, Advanced Micro Devices (NASDAQ:AMD) fell 3% in mid-day trading as Morgan Stanley lowered its 2022 and 2023 earnings estimates.
在其他芯片公司中，納斯達克(AMD)午盤下跌3%，摩根士丹利下調了2022年和2023年的收益預期。
A team of analysts, led by Joseph Moore, said they now see AMD (AMD) earning $4.02 a share in 2022, down from $4.24 a share. In 2023, the company is expected to earn $4.40 a share, down from from $4.72 a share.
以約瑟夫·摩爾為首的一個分析師團隊表示，他們預計AMD在2022年的每股收益為4.02美元，低於之前的4.24美元。預計2023年，該公司每股收益將從4.72美元降至4.40美元。
"While there is some anxiety about these numbers needing to come down, we note that this is still higher than where our estimates started [2022]," wrote the Morgan Stanley analysts.
雖然有些人對這些數字需要下降感到焦慮，但我們注意到，這仍高於我們開始估計的水平。[2022]摩根士丹利的分析師寫道。
Intel (INTC) and Nvidia (NVDA), both of which compete with AMD, declined 2.5% and 1.5%, respectively.
英特爾(Intel)和英偉達(NVDA)分別下跌2.5%和1.5%，這兩家公司都是AMD的競爭對手。
Several other chip stocks also continued their declines on Friday, including near 2% drops for Texas Instruments (TXN), Broadcom (AVGO) and 3% declines for NXP Semiconductor (NXPI), Microchip Technology (MCHP) and ON Semiconductor (ON).
其他幾隻芯片股週五也繼續下跌，包括德州儀器(TXN)、博通(AVGO)下跌近2%，恩智浦半導體(NXPI)、微芯片技術(MCHP)和安森美半導體(ON)下跌3%。
On Thursday, the Philadelphia Semiconductor Index, which tracks 30 semiconductor-related companies, reached levels not seen since November 2020.
週四，追蹤30家半導體相關公司的費城半導體指數達到了自2020年11月以來的最高水平。
Earlier this month, Meta Platforms and Qualcomm (QCOM) entered into a deal to develop custom virtual reality chips.
本月早些時候，Meta平臺和高通(Qualcomm)達成了一項開發定製虛擬現實芯片的協議。
譯文內容由第三人軟體翻譯。