纽约，11月10日：周二，科技股再度下跌，Anthropic向大规模首次公开募股（IPO）迈出的步伐未能平息投资者对人工智能行业健康状况的普遍担忧。
NEW YORK, Nov 10 : Technology shares were in the red again on Tuesday, with Anthropic's steps toward a big IPO failing to calm general anxiety about the health of the AI sector.
抛售受到一份美国高温通胀报告的推动，该报告增加了美联储下个月再次加息的预期；与此同时，英伟达聘请律师处理与其首席执行官及俄亥俄州数据中心开发相关的内部调查，也令事态更加复杂。
Selling was driven by a hot US inflation report that increased expectations the Federal Reserve will raise rates again next month, alongside Nvidia's hiring lawyers for an internal investigation tied to its CEO and the development of an Ohio data center getting more complicated.
许多投资者对人工智能投资的前景依然持乐观态度，但承认波动已成为今年秋季市场生活的常态。周二下午，纳斯达克综合指数下跌1%。过去一个月，该指数八次下跌1%或以上，六次上涨1%或以上。
Many investors remained optimistic about the prospects for AI investments while allowing that volatility has become a fact of market life this fall. The Nasdaq Composite was off 1 per cent on Tuesday afternoon. Over the past month, the index has dropped by 1 per cent or more eight times and risen by 1 per cent or more six times.
“人们担心英伟达高层会发生什么，如果他被替换，由谁来替换，”纽约英格尔斯与斯奈德公司高级投资组合策略师蒂姆·格赖斯基表示，他称将英伟达和其他主要人工智能公司的抛售视为买入机会。“但我不认为英伟达会土崩瓦解。我看到的是一家非常强大的公司，遭遇了并非自身造成的打击。”除下跌6.5%的英伟达外，主要跌幅股多为今年前三分之二时间席卷市场的人工智能行情的最大受益者。
"There is concern about what happens at the top at Nvidia, and if he's replaced, who's he replaced with," said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York, who said he sees selling in Nvidia and other major AI firms as buying opportunities. "But I don’t see Nvidia falling apart. I see a very strong company hit by something not of its own making." Besides Nvidia, down 6.5 per cent, the major decliners were mostly big beneficiaries of the AI rally that swept markets for the first two-thirds of this year.
根据LSEG数据，服务器制造商戴尔科技周二下跌4.8%，但年内上涨161%；芯片公司闪迪当日下跌4.5%，年内上涨257%。
Server maker Dell Technologies was down 4.8 per cent on Tuesday but up 161 per cent for the year, according to LSEG data, while chip firm Sandisk was down 4.5 per cent for the day and up 257 per cent for the year.
在新云公司中——这些较小的人工智能基础设施公司本月因市场条件收紧下筹资能力受到质疑而承压——Iren下跌10%，Nebius下跌7%，CoreWeave下滑3%。这三家公司自纳斯达克于10月6日触及最近高点以来，均已下跌至少40%。CoreWeave预计将在周二收盘后公布财报。
Among the neoclouds, smaller AI infrastructure firms that have been under pressure this month amid concerns about their capacity to raise funds under tighter market conditions, Iren dropped 10 per cent, Nebius fell 7 per cent and CoreWeave slid 3 per cent. All three have declined by at least 40 per cent since the Nasdaq hit its most recent high on October 6. CoreWeave is due to report earnings after the close on Tuesday.
许多投资者表示，他们认为大部分抛售背后是整体市场焦虑，尽管当天AI相关话题新闻不断。英国云服务提供商Nscale正考虑推迟350亿美元的股票上市，《每日电讯报》周二报道。
Many investors said they thought general market anxiety was behind much of the selling, despite a newsy day across AI-related subjects. British cloud services provider Nscale is considering delaying a $35 billion stock market listing, The Telegraph reported on Tuesday.
电力设备制造商GE Vernova的股价周二下跌超过6%，此前日本投资公司软银修订了其美国数据中心项目的设备采购计划。分析师表示，GE Vernova是参与软银在俄亥俄州派克县建设巨型燃气发电厂和数据中心的公司之一。
Shares of power equipment maker GE Vernova slid more than 6 per cent on Tuesday, after Japanese investment firm SoftBank revised equipment procurement plans for its US data center projects. GE Vernova is among the companies involved in the development of SoftBank's colossal gas-fired power plant and data center in Pike County, Ohio, analysts said.
英伟达的市值在两个交易日内有望蒸发超过4700亿美元，原因是人们对首席执行官黄仁勋与一名据称是北京间谍的中国女商人有染的后续影响日感担忧。即便如此，投资者大多关注的是长期前景。
Nvidia’s was on track to shed more than $470 billion in market value over two sessions as concerns mounted over the fallout from CEO Jensen Huang's affair with a Chinese businesswoman alleged to be a spy for Beijing. Even so, investors were mostly focused on the longer-term picture.
“我们总能找到理由解释为什么波动会加剧。而且过去几周，自10月以来，波动确实更大了，”犹他州盐湖城Albion Financial Group首席投资官杰森·韦尔说。“但归根结底，未来几周和几个月股市的走势，实际上将是一个关于盈利的故事。”周二的通胀报告发布后，许多投资者将把注意力转向科技股的下一个重大事件，即一周后今天收盘后英伟达的财报，以及随后几天Anthropic的首次公开募股，无论股票在某一天表现如何。
"We can always ascribe a reason as to why things are more volatile. And they have been more volatile the last few weeks for sure, since October, let's call it," said Jason Ware, chief investment officer at Albion Financial Group in Salt Lake City, Utah. "But at the end of the day, the path for stocks over the coming weeks and months is going to be really a story of earnings." Following Tuesday’s inflation report, many investors will be focusing on the next big events for technology stocks, which stand to be Nvidia’s earnings report after the close a week from today and Anthropic’s IPO in the days after, regardless of what stocks do on a given day.
“除非出现衰退或AI资本支出出现重大转向，否则明年我们可能再次创下盈利纪录，而我并不预期这两种情况会发生，”韦尔说，他的公司持有英伟达股票。“所以我认为，盈利的趋势、经济增长超过2%，这将是信号。其余的都只是短期噪音，就像我说的，会随着时间推移而平息。”
“We're probably gonna have record earnings again next year unless we see a recession or a massive pivoting on AI capex, and I don't expect either one,” said Ware, whose firm owns Nvidia. “And so I think that's going to be the signal is the trajectory of earnings, the economy growing more than 2 per cent. And the rest of this is sort of just short-term noise that will, like I said, get ironed out over time."