人工智能领域的三大巨头本周给了投资者重新青睐科技股的理由，让这个波动剧烈的板块摆脱了近期的低迷。
A trio of the biggest names in artificial intelligence gave investors reasons to love tech stocks again this week, shaking the volatile sector out of its recent malaise.
埃隆·马斯克透露SpaceX已实现盈利，并表示它可能会与其旗下市值1.5万亿美元的电动汽车公司特斯拉合并。《华尔街日报》报道的人工智能初创公司Anthropic首次公开募股（IPO）招股说明书草案显示其营收增长迅猛。周三，英伟达首席执行官在柏林举行的公司会议上发表了乐观论调（同时还应对了一名干扰者）。
Elon Musk reported SpaceX is now profitable and said it might merge with Tesla, his $1.5 trillion electric-car company. A draft of Anthropic’s IPO prospectus reported by The Wall Street Journal showed breakneck revenue growth. And on Wednesday, Nvidia’s chief executive sounded a bullish note (while navigating a heckler) during a company conference in Berlin.
这些进展让投资者至少暂时放下了近期压低股价的对人工智能的担忧。纳斯达克综合指数周三上涨1.1%，现在已几乎完全收复周五暴跌前的失地。
The developments gave investors some confidence to set aside concerns about AI—at least for the moment—that were weighing on stocks as recently as last week. The Nasdaq Composite jumped 1.1% on Wednesday, and is now almost all of the way back from where it stood before Friday’s brutal selloff.
贝德投资策略师罗斯·梅菲尔德表示：“这些消息在很大程度上有助于安抚因人工智能交易而受惊的投资者。综合来看，它描绘出的图景比投资者过去几周看到的要乐观一些。”标普500指数上涨0.6%，道琼斯工业平均指数上涨0.7%，即360.21点。
“They all go a long way in helping reassure investors who have been spooked about the AI trade,” said Ross Mayfield, investment strategist at Baird. “Taken together, it paints a slightly rosier picture than investors had been seeing the past few weeks.”
SpaceX周三股价上涨7.8%，此前该公司发布财报披露季度营收达146亿美元，随后在晚间的电话会议上传递了更多利好：马斯克预测SpaceX到2027年底的年度经常性收入将超过5000亿美元，并可能与特斯拉合并。
The S&P 500 index rose 0.6%, while the Dow Jones Industrial Average added 0.7%, or 360.21 points.
特斯拉周三上涨3.4%。这家汽车制造商的股价在盘后交易中继续攀升，此前它公布第三季度营收持平，但尽管在人工智能和机器人领域投入巨大，仍意外实现了正自由现金流，令投资者惊喜。
SpaceX ended Wednesday up 7.8% after the company followed an earnings report revealing $14.6 billion in quarterly revenue with an evening conference call that delivered even more good news: Musk predicted SpaceX would bring in more than $500 billion in annual recurring revenue by the end of 2027, and just might merge with Tesla. Tesla gained 3.4% on Wednesday.
马斯克表示，SpaceX 与特斯拉之间的交易将是有史以来最大的合并。特斯拉市值约为 1.5 万亿美元，而 SpaceX 估值约为 2 万亿美元。即使股东对交易持开放态度，如此巨大的合并也将因其规模和体量而引来监管审查。
The car-maker’s shares continued to climb in after-hours trading after it reported flat revenue in the third quarter but surprised investors by producing positive free cash flow despite its heavy investments on AI and robotics. A deal between SpaceX and Tesla would be the largest merger ever, Musk said. Tesla has a market valuation of around $1.5 trillion, while SpaceX is valued at around $2 trillion.
马斯克表示，SpaceX 和特斯拉已组建由独立董事组成的特别委员会来讨论这一想法，他本人不会参与讨论。
Even if shareholders were open to a deal, such a huge combination would draw regulatory scrutiny based on its size and scale.
马斯克周二在 SpaceX 电话会议上表示：“特别委员会尚未就任何交易的条款达成协议，也不保证一定会达成，但我认为合并这两家公司很有价值。”马斯克同时担任两家公司的首席执行官。
Musk said SpaceX and Tesla have formed special committees of independent directors to discuss the idea and that he wouldn’t participate in the discussions. “The special committees have not reached an agreement of the terms of any transaction and there is no guarantee that they will but I do think there is a lot of merit in combining the companies,” Musk, who serves as CEO of both companies, said during Tuesday’s SpaceX call.
Globalt Investments 高级投资组合经理托马斯·马丁表示，Anthropic 的 IPO 招股说明书中还有其他利好信息。《华尔街日报》周二下午报道，该文件草案显示公司正以惊人速度增长。文件显示，Anthropic 2026 年上半年收入达 163 亿美元。
There were other bullish nuggets in Anthropic’s IPO filing, said Thomas Martin, senior portfolio manager at Globalt Investments. The Journal reported Tuesday afternoon that a draft of the filing reveals a company growing at a red-hot pace. Anthropic had $16.3 billion in revenue in the first half of 2026, the document showed.
马丁说：“我认为这对市场非常积极。你先看到担忧，然后看到良好的数据点。这正是我们现在得到的。”
“I think that was very positive for the market,” Martin said.
投资者在英伟达首席执行官黄仁勋于柏林举行的 GTC 大会主题演讲中发现了另一个利好点。黄仁勋详细介绍了公司的 Vera Rubin 系统——他表示这些超级计算机已在微软云计算部门投入使用。英伟达周三收盘上涨 2.5%。
“You get the fears and then you get the good data points. That’s really what we’re getting here.”Investors found something else to like in Nvidia Chief Executive Jensen Huang’s keynote address at the company’s GTC conference in Berlin. Huang detailed the company’s Vera Rubin systems—super computers that he said were already in use at Microsoft’s cloud computing arm.
“Vera Rubin 的试产进展非常顺利，”黄仁勋说。“我们现在已经建立了一条供应链，能够每周制造数千套此类系统。”
Nvidia ended Wednesday up 2.5%“The sampling of Vera Rubin is just going incredibly well,” Huang said. “We have now set up a supply chain that can manufacture thousands a week of these systems.”
芯片制造商超威半导体和德州仪器，以及芯片测试商泰瑞达股价分别上涨 3.4%、2.5% 和 2.6%。
Chip-makers Advanced Micro Devices and Texas Instruments and chip-tester Teradyne saw gains of 3.4%, 2.5% and 2.6% respectively.
确实，上周凸显了人工智能热潮中基础较弱参与者面临的一些风险后，一些疑虑仍在困扰投资者。“新云”公司CoreWeave的股价周三下跌0.5%，本月迄今已累计下跌近30%，市场担忧其数据中心雄心过于高远。韩国数据中心初创公司Elice本周早些时候的首秀也表现平平。
To be sure, some doubts are still nagging at investors after last week brought into focus some of the risks to the AI boom’s shakier players. Shares of “neocloud” company CoreWeave slid 0.5% Wednesday and are down almost 30% so far this month amid concerns about too-lofty data center ambitions. South Korean data-center startup Elice’s debut also fell flat earlier this week.
10年期美国国债收益率从5.116%升至5.145%。油价收盘涨跌互现，对中东石油产量恢复的乐观情绪被霍尔木兹海峡航运持续受到威胁以及针对沙特阿拉伯的袭击所抵消。西德克萨斯中质原油（WTI）下跌0.7%，报每桶97.15美元；12月交货的布伦特原油收于每桶108.82美元，较周二收盘价上涨3美分。
Ten-year Treasury yields rose to 5.145% from 5.116%. Oil prices settled mixed with optimism about a recovery in Middle East oil offset by continued threats against shipping through the Strait of Hormuz and attacks targeting Saudi Arabia. West Texas Intermediate crude fell 0.7% to $97.15 a barrel while December Brent settled at $108.82 a barrel, up 3 cents from Tuesday’s close.