[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"app-context":3,"blog-andy-jassy-ai-inference-is-still-10-times-too-expensive-amazons-own-chips-are-his-answer-KO":222},{"languages":4,"categories":41,"products":125,"competitors":149},[5,9,13,17,21,25,29,33,37],{"name":6,"code":7,"id":8},"English","EN","TGFuZ3VhZ2U6ZW4=",{"name":10,"code":11,"id":12},"Español","ES","TGFuZ3VhZ2U6ZXM=",{"name":14,"code":15,"id":16},"Português","PT","TGFuZ3VhZ2U6cHQ=",{"name":18,"code":19,"id":20},"日本語","JA","TGFuZ3VhZ2U6amE=",{"name":22,"code":23,"id":24},"한국어","KO","TGFuZ3VhZ2U6a28=",{"name":26,"code":27,"id":28},"Deutsch","DE","TGFuZ3VhZ2U6ZGU=",{"name":30,"code":31,"id":32},"Italiano","IT","TGFuZ3VhZ2U6aXQ=",{"name":34,"code":35,"id":36},"Français","FR","TGFuZ3VhZ2U6ZnI=",{"name":38,"code":39,"id":40},"中文 (中国)","ZH","TGFuZ3VhZ2U6emg=",[42,73,104],{"icon":43,"slug":44,"title":45,"description":46,"featuredLinks":47},"mingcute:stock-line","stock-market-basics","Stock Market Basics","\u003Cp>Beginners' guides and practical tips for understanding stock market investing.\u003C\u002Fp>\n",[48,53,58,63,68],{"url":49,"title":50,"description":51,"ogImage":52},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-makes-stocks-go-up-and-down","What Makes Stocks Go Up and Down | TIKR.com","Understanding what makes stock prices go up and down can help investors better navigate investing. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-makes-stocks-go-up-and-down-banner\u002FWhat-makes-stocks-go-up-and-down-banner.jpg?_i=AA",{"url":54,"title":55,"description":56,"ogImage":57},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fdividend-yield-meaning-formula-example","Dividend Yield: Meaning, Formula, Example | Tikr.com Blog | TIKR.com","The dividend yield is a key metric for investors looking to gauge the income potential of their investments. It measures how much a company pays out in","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FDividend-yield\u002FDividend-yield.png?_i=AA",{"url":59,"title":60,"description":61,"ogImage":62},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fmarket-capitalization-definition-formula-and-why-it-matters","Market Capitalization: Definition, Formula, and Why It Matters | TIKR.com","Long-term investors often look at various valuation metrics when deciding whether to invest in a particular company. One helpful metric to evaluate is","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters.png?_i=AA",{"url":64,"title":65,"description":66,"ogImage":67},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fearnings-per-share-definition-formula-and-why-eps-matters","Earnings Per Share: Definition, Formula, and Why EPS Matters | TIKR.com","Earnings Per Share (EPS) represents the portion of a company's net earnings allocated to each share. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEPS-Defiinition-formula-and-why-EPS-matters-1\u002FEPS-Defiinition-formula-and-why-EPS-matters-1.png?_i=AA",{"url":69,"title":70,"description":71,"ogImage":72},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-stock-price-target","What Is a Stock Price Target? | TIKR.com","A price target is a stock's estimated future price. It can help investors quickly find undervalued stocks. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-Stock-Price-Target-2\u002FWhat-is-a-Stock-Price-Target-2.png?_i=AA",{"icon":74,"slug":75,"title":76,"description":77,"featuredLinks":78},"material-symbols:analytics-outline","fundamental-analysis","Fundamental Analysis","\u003Cp>In-depth resources and financial metrics to help you evaluate companies like a pro.\u003C\u002Fp>\n",[79,84,89,94,99],{"url":80,"title":81,"description":82,"ogImage":83},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fshare-repurchase-why-do-companies-buy-back-their-stock","Share Repurchase: Why Do Companies Buy Back Their Stock? | TIKR.com","Share repurchases, or share buybacks, have gained popularity in the last two decades. According to a report from Goldman Sachs, stock buybacks initiated","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e.png?_i=AA",{"url":85,"title":86,"description":87,"ogImage":88},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-invested-capital","What Is a Good Return on Invested Capital? | TIKR.com","Learning about Return on Invested Capital (ROIC) can help investors spot highly profitable stocks that can drive long-term returns. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-Invested-capital\u002FWhat-is-a-good-return-on-Invested-capital.png?_i=AA",{"url":90,"title":91,"description":92,"ogImage":93},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-equity-ratio","What is a Good Return on Equity Ratio | Tikr.com Blog | TIKR.com","Return on Equity (ROE) is a financial ratio that reflects a company's profitability in relation to the equity invested by shareholders. It basically","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-equity-ratio-1\u002FWhat-is-a-good-return-on-equity-ratio-1.jpg?_i=AA",{"url":95,"title":96,"description":97,"ogImage":98},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-p-e-ratio","What Is a Good P\u002FE Ratio? | TIKR.com","Financial analysts and investors look at various metrics before deciding whether a stock is a buy. One of the metrics is the price-to-earnings ratio (P\u002FE","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-PE-ratio-1\u002FWhat-is-a-good-PE-ratio-1.jpg?_i=AA",{"url":100,"title":101,"description":102,"ogImage":103},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Ftop-6-metrics-for-investing-in-reits","Top 6 Metrics for Investing in REITs | TIKR.com","Real estate has been one of the greatest asset classes for wealth creation in history, and investing in Real Estate Investment Trusts (REITs) can allow","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FGroup-10\u002FGroup-10.png?_i=AA",{"icon":105,"slug":106,"title":107,"description":108,"featuredLinks":109},"hugeicons:investigation","investing-lingo","Investing Lingo","\u003Cp>A comprehensive glossary of investing terms and jargon so you can speak the language of the markets confidently.\u003C\u002Fp>\n",[110,115,120],{"url":111,"title":112,"description":113,"ogImage":114},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fenterprise-value-definition-and-calculation","Enterprise Value: Definition and Calculation | Tikr.com Blog | TIKR.com","Enterprise value (EV) is a financial metric that offers a comprehensive snapshot of a company's total value. Unlike market capitalization which solely","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEnterprise-Value-Definition-and-Calculation_37576e40\u002FEnterprise-Value-Definition-and-Calculation_37576e40.png?_i=AA",{"url":116,"title":117,"description":118,"ogImage":119},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Febitda-definition-formula-how-to-use-it","EBITDA: Definition, Formula, How to Use It | TIKR.com","EBITDA stands for earnings before interest, taxes, depreciation and amortization. It's a financial metric commonly used to evaluate a company's financial","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEBITDA-Definition-Formula-How-to-Use-It\u002FEBITDA-Definition-Formula-How-to-Use-It.png?_i=AA",{"url":121,"title":122,"description":123,"ogImage":124},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-the-free-cash-flow-formula-and-why-does-it-matter","What is the Free Cash Flow Formula and Why Does It Matter | TIKR.com","Free cash flow, or FCF, is the cash a company generates after it accounts for outflows required to maintain business operations and support capital","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-the-free-cash-flow-formula\u002FWhat-is-the-free-cash-flow-formula.png?_i=AA",[126,130,134,137,141,145],{"slug":127,"modified":128,"title":129},"valuation-model-builder","2025-07-03T00:18:53","Value Stocks Quickly and Accurately",{"slug":131,"modified":132,"title":133},"stock-portfolio-tracking","2024-12-02T22:21:28","Monitor Your Portfolio",{"slug":75,"modified":135,"title":136},"2025-01-21T22:10:52","Instantly Analyze Companies with In-Depth Metrics",{"slug":138,"modified":139,"title":140},"stock-screener","2024-12-02T22:13:31","Find the Best Stocks to Buy",{"slug":142,"modified":143,"title":144},"investor-stock-portfolio","2025-01-21T22:02:56","Follow Investment Moves of Top Investors",{"slug":146,"modified":147,"title":148},"analyze-stocks","2025-07-23T16:04:24","Analyze Stocks",[150,154,158,162,166,170,174,178,182,186,190,194,198,202,206,210,214,218],{"slug":151,"title":152,"modified":153},"bloomberg","Bloomberg","2025-01-16T14:23:44",{"slug":155,"title":156,"modified":157},"morningstar","Morningstar","2025-01-16T14:25:16",{"slug":159,"title":160,"modified":161},"sentieo","Sentieo","2025-01-16T17:58:27",{"slug":163,"title":164,"modified":165},"googlefinance","Google Finance","2025-01-17T19:39:37",{"slug":167,"title":168,"modified":169},"tradingview","TradingView","2025-01-16T18:17:01",{"slug":171,"title":172,"modified":173},"factset","Factset","2025-01-16T18:20:16",{"slug":175,"title":176,"modified":177},"finviz","Finviz","2025-01-16T18:23:40",{"slug":179,"title":180,"modified":181},"ycharts","YCharts","2025-01-16T18:32:19",{"slug":183,"title":184,"modified":185},"marketbeat","MarketBeat","2025-03-11T00:27:23",{"slug":187,"title":188,"modified":189},"benzinga","Benzinga","2025-03-11T00:31:00",{"slug":191,"title":192,"modified":193},"gurufocus","Gurufocus","2025-03-11T00:31:12",{"slug":195,"title":196,"modified":197},"fast-graphs","FAST Graphs","2025-03-11T00:31:19",{"slug":199,"title":200,"modified":201},"tipranks","TipRanks","2025-03-11T00:31:26",{"slug":203,"title":204,"modified":205},"seeking-alpha","Seeking Alpha","2025-03-11T00:31:45",{"slug":207,"title":208,"modified":209},"thestreet","TheStreet","2025-03-11T00:31:52",{"slug":211,"title":212,"modified":213},"investing-com","Investing.com","2025-03-11T00:32:00",{"slug":215,"title":216,"modified":217},"zacks","Zacks","2025-03-26T15:40:40",{"slug":219,"title":220,"modified":221},"alphasense","AlphaSense","2025-03-11T00:32:15",{"post":223,"seo":256,"relatedPosts":264,"suggestedPosts":344},{"id":224,"title":225,"date":226,"modified":226,"excerpt":227,"content":228,"wordCount":229,"lang":230,"uri":231,"slug":232,"cloudinaryAssetId":233,"featuredImageOriginalUrl":234,"featuredImageMetadata":235,"author":238,"editor":244,"categories":247,"relatedPosts":253,"seo":254},145734,"앤디 재시: AI 추론은 여전히 \"10배나 비싸다.\" 아마존 자체 칩이 그의 해결책이다","2026-10-26T17:55:20","\u003Cp>아마존의 자본 지출에 대한 지금까지 가장 나은 답변\u003C\u002Fp>","\u003Ch2 id=\"h-key-takeaways\" class=\"wp-block-heading\">핵심 요약\u003C\u002Fh2>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>아마존 CEO 앤디 재시는 AI 추론이 여전히 \"10배 정도 너무 비싸다\"고 말하며, 아마존 자체 칩이 그 비용을 낮추는 데 큰 역할을 할 것이라고 밝혔습니다.\u003C\u002Fli>\n\n\n\n\u003Cli>더 저렴한 추론은 AI 시장의 가장 큰 부분을 열 수 있으며, 아마존의 Trainium 칩은 모든 칩을 NVIDIA에서 구매하지 않고도 그 역량을 추가할 수 있게 해줍니다.\u003C\u002Fli>\n\n\n\n\u003Cli>위험은 큽니다: 아마존은 2026년에 약 2,200억 달러의 자본 지출을 예상하고 있으며, 2026년 6월 30일까지의 12개월 동안 자유 현금 흐름은 76억 달러의 유출이었습니다.\u003C\u002Fli>\n\n\n\n\u003Cli>아마존은 10월 29일에 3분기 실적을 발표할 예정이며, AWS의 영업 이익률(2분기 39.4% 대비)이 주목할 지표입니다.\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>아마존 (\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=18749&tid=2588568\">AMZN\u003C\u002Fa>)\u003C\u002Fstrong>은 올해 약 2,200억 달러를 자본 지출에 사용할 계획이며, CEO 앤디 재시는 여전히 AI 비용이 너무 높다고 생각합니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">금요일에 공개된 \u003Ca href=\"https:\u002F\u002Fpodcasts.apple.com\u002Fus\u002Fpodcast\u002Famazon-ceo-andy-jassy-on-the-%24220-billion-ai-buildout\u002Fid842818711?i=1000797758421\">The a16z Show\u003C\u002Fa> 에피소드에서 재시는 AI 추론이 \"가능한 한 널리 사용되기에는 여전히 제 생각에는 10배 정도 너무 비싸다\"고 말했습니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">그것은 10배를 의미합니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">그의 해결책은? \"우리의 칩 사업이 그 큰 부분을 차지합니다.\"\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">이는 여전히 많은 칩을 \u003Cstrong>NVIDIA (\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=32307&tid=2635154\">NVDA\u003C\u002Fa>)\u003C\u002Fstrong>에서 구매하는 회사에게는 대담한 계획입니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>TIKR는 아마존에 대해 60명의 애널리스트를 추적합니다. \"매수\"라고 말하는 애널리스트는 몇 명일까요?\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">아마존의 매수, 보유, 매도 등급과 월가의 매출 및 수익 추정치를 한곳에서 확인하세요. 50만 명 이상의 투자자가 TIKR을 사용하여 이와 같은 주식을 조사합니다. \u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fvaluation-model-builder?ref=tikrblog\">아마존의 애널리스트 등급 보기\u003C\u002Fa>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-the-prize-is-the-middle-of-the-barbell\" class=\"wp-block-heading\">목표는 바벨의 중간 지점\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">재시는 AI 수요를 \"바벨\"이라고 묘사했습니다. 한쪽 끝에는 AI 연구소들이 \"전에 본 적 없는 엄청난 양의 컴퓨팅\"을 소비하고 있습니다. 다른 쪽에는 기업들이 고객 서비스 및 사기 탐지와 같은 특정 작업에 AI를 사용합니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">중간 지점은 아직 AI를 널리 채택하지 않은 일상적인 비즈니스 소프트웨어입니다. 재시는 추론 비용이 충분히 저렴해져 그 소프트웨어를 AI 중심으로 재구축할 가치가 생기면 가장 큰 수요원이 될 수 있다고 생각합니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">아마존은 오늘날 고객이 부족하지 않습니다: 재시는 아마존의 용량이 2026년에는 사실상 매진되었고, 2027년은 대부분 예약되었으며, \"2028년의 상당 부분이 매진되었다\"고 말했습니다. 더 저렴한 추론은 다음 물결의 구매자들에 관한 것입니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">AI 하드웨어 스타트업 Unconventional AI의 공동 창립자 겸 CEO인 나빈 라오는 최근 \u003Ca href=\"https:\u002F\u002Fthetwentyminutevc.libsyn.com\u002F20vc-why-robotics-will-be-100x-bigger-than-coding-agents-inference-will-be-a-10trn-market-what-no-one-sees-why-software-investors-are-f-today-with-naveen-rao-unconventional\">20VC 팟캐스트\u003C\u002Fa> 에피소드에서 위험을 명확히 했습니다:\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\"토큰 전달 효율성에서 0을 하나 줄여서, 즉 효율성을 10배 개선하면, 어떤 면에서는 시장을 10배로 확대하는 효과가 있습니다.\"\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">라오는 자신도 칩을 만들고 있으므로 이 경주에 말이 걸려 있습니다. 하지만 재시의 바벨 비유도 같은 방향을 가리킵니다.\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-amazon-has-seen-this-movie-before\" class=\"wp-block-heading\">아마존은 이 영화를 전에도 본 적이 있습니다\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">재시는 아마존이 수년 전에 인텔과 같은 문제를 겪었다고 말했습니다. 인텔은 클라우드 서버의 프로세서를 지배했습니다. 아마존은 돈을 더 효율적으로 사용해 더 많은 컴퓨팅을 원했지만 인텔이 그걸 우선시하도록 설득하기 어려워 자체 프로세서인 Graviton을 만들었습니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\"우리는 AI 분야에서도 같은 영화를 봤습니다.\"라고 재시는 말했습니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">Graviton은 성공했습니다. 아마존의 2분기 실적 발표에서 경영진은 AWS 상위 1,000대 컴퓨팅 고객 중 98%가 이를 사용한다고 밝혔습니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">Trainium은 그 속편입니다. 재시는 이 칩이 유사한 프로세서 대비 약 30%에서 40% 더 나은 가격 대비 성능을 제공한다고 말했습니다. 아마존은 Anthropic와 OpenAI를 포함해 2250억 달러 이상의 Trainium 수익 약정을 공개했으며, 2026년 2분기 기준 자사 칩 사업은 연간 250억 달러 이상의 run-rate로 운영되었습니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">(재시는 NVIDIA를 언급하지 않았으며, 지배적 공급업체를 중요한 파트너라고 불렀습니다.)\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-every-capex-dollar-has-to-stretch-further\" class=\"wp-block-heading\">모든 자본 지출 달러는 더 멀리 뻗어나가야 합니다\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">아마존의 자본 지출은 2023 회계연도의 527억 달러에서 2025 회계연도에는 1,320억 달러로 증가했습니다.\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"3024\" height=\"2016\" data-public-id=\"images\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025.png\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3024,h_2016,c_scale\u002Ff_webp,q_auto\u002Fv1793026482\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025.png?_i=AA\" alt=\"Bar chart from TIKR of Amazon's capital expenditures, $ billions, fiscal 2021–2025.\" class=\"wp-post-145734 wp-image-145729\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1793026482\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1793026482\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025.png?_i=AA 3024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793026482\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025.png?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1793026482\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025.png?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1793026482\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025.png?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1793026482\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_capex_2021-2025.png?_i=AA 300w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">아마존 (AMZN): 자본 지출, 10억 달러, 2021–2025 회계연도 (\u003Cstrong>TIKR\u003C\u002Fstrong>)\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">그리고 훨씬 더 높아질 전망입니다. 올해 약 2,200억 달러에 더해, Argent Capital의 제드 엘라브룩은 \u003Ca href=\"https:\u002F\u002Fomny.fm\u002Fshows\u002Fbloomberg-tech\u002Fnscale-s-30b-ipo-ambition-meets-investor-pushback\">Bloomberg Tech\u003C\u002Fa>에 내년 수치는 \"AWS와 리테일을 합치면 아마 3,500억 달러가 될 것\"이라고 말했습니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">이러한 지출은 자유 현금 흐름을 잠식했으며, 이는 2025 회계연도에 전년도의 329억 달러에서 77억 달러로 떨어졌습니다.\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"3024\" height=\"2016\" data-public-id=\"images\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025.png\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3024,h_2016,c_scale\u002Ff_webp,q_auto\u002Fv1793026478\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025.png?_i=AA\" alt=\"Bar chart from TIKR of Amazon's free cash flow, $ billions, fiscal 2021–2025.\" class=\"wp-post-145734 wp-image-145731\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1793026478\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1793026478\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025.png?_i=AA 3024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793026478\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025.png?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1793026478\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025.png?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1793026478\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025.png?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1793026478\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_fcf_2021-2025.png?_i=AA 300w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">아마존 (AMZN): 자유 현금 흐름, 10억 달러, 2021–2025 회계연도 (\u003Cstrong>TIKR\u003C\u002Fstrong>)\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">그리고 2026년 6월 30일까지의 12개월 동안 자유 현금 흐름은 76억 달러의 유출이었습니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">지금까지 수익성은 유지되었습니다. 아마존의 영업 이익률은 2022 회계연도의 2.6%에서 2025 회계연도에는 11.2%로 확대되었습니다.\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"3024\" height=\"2016\" data-public-id=\"images\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025.png\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3024,h_2016,c_scale\u002Ff_webp,q_auto\u002Fv1793026462\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025.png?_i=AA\" alt=\"Line chart from TIKR of Amazon's operating (EBIT) margin (%), fiscal 2021–2025.\" class=\"wp-post-145734 wp-image-145733\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1793026462\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1793026462\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025.png?_i=AA 3024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793026462\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025.png?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1793026462\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025.png?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1793026462\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025.png?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1793026462\u002Fimages\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025\u002F2026-10-25_ie501d95dd3_AMZN_operating_margin_2021-2025.png?_i=AA 300w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">아마존 (AMZN): 영업 (EBIT) 이익률 (%), 2021–2025 회계연도 (\u003Cstrong>TIKR\u003C\u002Fstrong>)\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">AWS가 그 이익의 대부분을 주도하며, 2026년 2분기 영업 이익률은 39.4%로 1년 전 32.9%에서 상승했습니다. 하지만 감가상각비는 투자 증가와 함께 상승하고 있습니다: 2분기 기준 감가상각비는 AWS 매출의 19.1%를 차지했으며, 이는 1년 전 15.7%에서 상승한 수치입니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">가격 대비 성능이 30%에서 40% 더 나은 칩은 아마존이 서버 달러당 더 많은 컴퓨팅을 구매할 수 있게 해주며, 그 위에 공급업체의 마크업도 없습니다. 이것이 AWS가 자본 지출이 증가하는 동안에도 마진을 유지하는 방법입니다.\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-the-savings-will-take-a-while\" class=\"wp-block-heading\">비용 절감 효과는 시간이 걸릴 것입니다\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">아마존은 여전히 NVIDIA에 의존하고 있으며, NVIDIA의 CFO는 8월에 AWS가 2027년과 2028년에 200만 개의 NVIDIA GPU를 더 추가할 것이라고 말했습니다. 맞춤형 칩도 메모리 가격을 해결하지는 못합니다: 경영진은 2분기 실적 발표에서 메모리 비용이 2026년 자본 지출 가이던스를 200억 달러 올렸다고 밝혔습니다. 또한 \u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fsome-of-amazons-new-ai-servers-are-reportedly-waiting-on-power-heres-what-october-29-has-to-prove\">아마존의 일부 새로운 AI 서버가 전력 공급을 기다리고 있다는 보도\u003C\u002Fa>도 있습니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">따라서 Trainium의 비용 절감 효과가 아마존 전체 플릿에 걸쳐 나타나려면 수년이 걸릴 것입니다.\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-jassy-has-the-right-answer\" class=\"wp-block-heading\">재시는 올바른 답을 가지고 있습니다\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">제 생각: 아마존 자체 칩은 자본 지출 청구서에 대한 최선의 해결책입니다. 만약 Trainium이 추론 비용을 의미 있게 낮춘다면, 아마존은 두 번 승리합니다: 더 많은 기업이 AI를 활용하게 되고, AWS는 그들이 지출하는 금액의 더 많은 부분을 유지할 수 있습니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">물론, 그 절감 효과는 숫자에 나타나야 합니다. 아마존은 10월 29일에 3분기 실적을 발표합니다. AWS의 마진(2분기 39.4% 대비, 이는 약 5억 5,100만 달러의 에너지 계약 이익을 포함)이 첫 번째 지표가 될 것입니다.\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-so-what-is-amazon-stock-actually-worth\" class=\"wp-block-heading\">그렇다면 아마존 주식의 실제 가치는 얼마일까요?\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">TIKR를 사용하면 1분도 안 되어 어떤 주식의 미래 가격도 예측할 수 있습니다. TIKR의 가치 평가 모델에 몇 가지 가정을 입력하기만 하면 아마존의 가치가 얼마나 될 수 있는지 확인하세요. 월가 합의 추정치에서 시작하거나, 비즈니스에 대한 자신의 견해를 반영하도록 입력값을 조정하세요. 무료로 사용할 수 있습니다.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fvaluation-model-builder?ref=tikrblog\">아마존 가치 평가하기 (무료)\u003C\u002Fa>\u003C\u002Fp>\n\n\n\n\u003Ch3 id=\"h-disclaimer\" class=\"wp-block-heading\">\u003Cstrong>면책 조항:\u003C\u002Fstrong>\u003C\u002Fh3>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cem>TIKR의 기사는 TIKR 또는 저희 콘텐츠 팀의 투자 또는 재정 조언으로 의도된 것이 아니며, 어떠한 주식을 사거나 팔라는 권고도 아닙니다. 저희는 TIKR Terminal의 투자 데이터와 애널리스트 추정치를 바탕으로 콘텐츠를 작성합니다. 저희 분석에는 최근의 기업 뉴스나 중요한 업데이트가 포함되지 않을 수 있습니다. TIKR은 언급된 모든 주식에 대해 포지션을 보유하고 있지 않습니다. 읽어주셔서 감사합니다, 행운을 빕니다!\u003C\u002Fem>\u003C\u002Fp>",1111,"ko","\u002Fblog\u002Fandy-jassy-ai-inference-is-still-10-times-too-expensive-amazons-own-chips-are-his-answer","andy-jassy-ai-inference-is-still-10-times-too-expensive-amazons-own-chips-are-his-answer","images\u002Fpuzzled-man-with-a-tablet-computer-chip\u002Fpuzzled-man-with-a-tablet-computer-chip","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793026764\u002Fimages\u002Fpuzzled-man-with-a-tablet-computer-chip\u002Fpuzzled-man-with-a-tablet-computer-chip.png?_i=AA",{"altText":236,"imageCredit":237},"Andy Jassy: AI Inference Is Still “10 Times Too Expensive.” Amazon’s Own Chips Are His Answer","MangoStar_Studio from Getty Images and Изображения пользователя Axel Makhalov via Canva",{"name":239,"slug":240,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":243},"Roxanna Maglangit","roxtikr","author","",[],{"name":239,"slug":240,"role":245,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":246},"editor",[],[248],{"name":249,"slug":250,"uri":251,"description":242,"postsCount":252},"일반 투자","general-investing","\u002Fblog\u002Fcategory\u002Fgeneral-investing",0,[],{"title":236,"metaDesc":255,"opengraphDescription":255,"twitterTitle":236,"twitterDescription":255},"The best answer yet to Amazon’s capex bill",{"title":257,"description":258,"twitterTitle":257,"twitterDescription":258,"author":239,"articlePublisher":259,"articlePublishedTime":226,"articleModifiedTime":226,"twitterLabel1":260,"twitterData1":261,"ogTitle":257,"ogDescription":258,"ogUrl":231,"ogImage":234,"ogImageWidth":262,"ogImageHeight":263,"ogImageSecureUrl":234,"ogImageAlt":236,"twitterImage":234},"Andy Jassy: AI Inference Is Still “10 Times Too Expensive.” Amazon’s Own Chips Are His Answer","The best answer yet to Amazon’s capex bill","TIKR.com","예상 독서 시간","6 minutes",1200,630,[265,282,299,314,329],{"id":252,"title":266,"date":267,"excerpt":268,"wordCount":269,"uri":270,"slug":271,"cloudinaryAssetId":272,"featuredImageOriginalUrl":273,"featuredImageMetadata":274,"author":275,"categories":279,"relatedPosts":281},"Comfort Systems, 9% 반등…UBS·KeyBanc·Oppenheimer, 사상 최대 74억 달러 수주 분기 지지","2026-10-26 17:48:50","월가도 마진 구조를 걱정하지 않고, 저 역시 그렇습니다",678,"\u002Fblog\u002Fcomfort-systems-rebounds-9-as-ubs-keybanc-oppenheimer-back-record-7-4-billion-bookings-quarter","comfort-systems-rebounds-9-as-ubs-keybanc-oppenheimer-back-record-7-4-billion-bookings-quarter","images\u002FAVEX-stock-Dean-Drobot-via-Canva\u002FAVEX-stock-Dean-Drobot-via-Canva","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792699641\u002Fimages\u002FAVEX-stock-Dean-Drobot-via-Canva\u002FAVEX-stock-Dean-Drobot-via-Canva.png?_i=AA",{"altText":266},{"name":276,"slug":277,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":278},"Gian Estrada","giantikr",[],[280],{"name":249,"slug":250,"uri":251,"description":242,"postsCount":252},[],{"id":252,"title":283,"date":284,"excerpt":285,"wordCount":286,"uri":287,"slug":288,"cloudinaryAssetId":289,"featuredImageOriginalUrl":290,"featuredImageMetadata":291,"author":292,"categories":296,"relatedPosts":298},"오루카 테라퓨틱스, 건선 치료제 고용량 환자 61%에서 피부 개선 달성하며 12% 급등: \"패러다임 전환\"","2026-10-26 17:45:27","이제 12월이 성과를 내야 합니다",758,"\u002Fblog\u002Foruka-therapeutics-soars-12-as-psoriasis-drug-clears-skin-in-61-of-high-dose-patients-a-paradigm-shift","oruka-therapeutics-soars-12-as-psoriasis-drug-clears-skin-in-61-of-high-dose-patients-a-paradigm-shift","images\u002Fgrinning-man-with-stubble-fireworks-over-a-city\u002Fgrinning-man-with-stubble-fireworks-over-a-city","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793031595\u002Fimages\u002Fgrinning-man-with-stubble-fireworks-over-a-city\u002Fgrinning-man-with-stubble-fireworks-over-a-city.png?_i=AA",{"altText":283},{"name":293,"slug":294,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":295},"Michael Douglass","michaeldouglass",[],[297],{"name":249,"slug":250,"uri":251,"description":242,"postsCount":252},[],{"id":252,"title":300,"date":301,"excerpt":302,"wordCount":303,"uri":304,"slug":305,"cloudinaryAssetId":306,"featuredImageOriginalUrl":307,"featuredImageMetadata":308,"author":309,"categories":311,"relatedPosts":313},"Microsoft, Amazon 및 Google이 \"목표치를 초과 달성할 것\"으로 전망되며, 2조 달러 규모의 클라우드 백로그가 쌓이고 있습니다","2026-10-26 17:45:24","수용력 부족이 강세장의 근거로 밝혀졌습니다",1037,"\u002Fblog\u002Fmicrosoft-amazon-and-google-will-beat-their-numbers-as-a-2-trillion-cloud-backlog-builds","microsoft-amazon-and-google-will-beat-their-numbers-as-a-2-trillion-cloud-backlog-builds","images\u002Fsmiling-man-arms-crossed-data-center-servers\u002Fsmiling-man-arms-crossed-data-center-servers","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793026755\u002Fimages\u002Fsmiling-man-arms-crossed-data-center-servers\u002Fsmiling-man-arms-crossed-data-center-servers.png?_i=AA",{"altText":300},{"name":239,"slug":240,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":310},[],[312],{"name":249,"slug":250,"uri":251,"description":242,"postsCount":252},[],{"id":252,"title":315,"date":316,"excerpt":317,"wordCount":318,"uri":319,"slug":320,"cloudinaryAssetId":321,"featuredImageOriginalUrl":322,"featuredImageMetadata":323,"author":324,"categories":326,"relatedPosts":328},"챔스: 스페이스X의 400억 달러 부채는 \"대부분의 국가 부채보다 낫다.\" 네오클라우드는 그렇게 싸게 빌리지 못할 것이다","2026-10-26 17:43:30","그 격차는 연간 수십억 달러의 가치가 있습니다",1031,"\u002Fblog\u002Fchamath-spacexs-40-billion-debt-is-better-than-most-sovereign-debt-neoclouds-wont-borrow-that-cheap","chamath-spacexs-40-billion-debt-is-better-than-most-sovereign-debt-neoclouds-wont-borrow-that-cheap","images\u002Felon-musk-spacex-falcon-9-launch\u002Felon-musk-spacex-falcon-9-launch","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793027310\u002Fimages\u002Felon-musk-spacex-falcon-9-launch\u002Felon-musk-spacex-falcon-9-launch.png?_i=AA",{"altText":315},{"name":239,"slug":240,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":325},[],[327],{"name":249,"slug":250,"uri":251,"description":242,"postsCount":252},[],{"id":252,"title":330,"date":331,"excerpt":332,"wordCount":333,"uri":334,"slug":335,"cloudinaryAssetId":336,"featuredImageOriginalUrl":337,"featuredImageMetadata":338,"author":339,"categories":341,"relatedPosts":343},"애플, AI 자본 지출 경쟁에 참여하지 않으면서 \"사상 최고 기업 가치 수준\" 달성","2026-10-26 17:43:00","가끔은 가만히 있는 것이 최선의 선택일 때도 있습니다",913,"\u002Fblog\u002Fapple-hits-the-highest-valuation-level-in-company-history-by-sitting-out-the-ai-capex-race","apple-hits-the-highest-valuation-level-in-company-history-by-sitting-out-the-ai-capex-race","images\u002FApple-Stock_144501592ea\u002FApple-Stock_144501592ea","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792784638\u002Fimages\u002FApple-Stock_144501592ea\u002FApple-Stock_144501592ea.png?_i=AA",{"altText":330},{"name":239,"slug":240,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":340},[],[342],{"name":249,"slug":250,"uri":251,"description":242,"postsCount":252},[],[345,365,380,394,409,429,444,459,474],{"id":252,"title":346,"date":347,"excerpt":348,"wordCount":349,"uri":350,"slug":351,"cloudinaryAssetId":352,"featuredImageOriginalUrl":353,"featuredImageMetadata":354,"author":355,"categories":359,"relatedPosts":364},"지난 12개월 동안 13% 상승한 아리스타 네트워크스 주식, 2026년 더 나은 수익률을 제공할 수 있을까?","2026-10-26 12:57:00","아리스타 주식은 1년 만에 10% 상승했습니다. TIKR의 밸류에이션 모델이 2028년 12월까지 $275의 목표가를 제시하며 ANET의 상승 잠재력에 대해 말해주는 것을 확인하세요.",1099,"\u002Fblog\u002Farista-networks-stock-valuation-anet-2026","arista-networks-stock-valuation-anet-2026","images\u002FANET-stock-@Jirsak-from-Getty-Images-Pro-via-Canva-@Africa-images-via-Canva\u002FANET-stock-@Jirsak-from-Getty-Images-Pro-via-Canva-@Africa-images-via-Canva","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793010558\u002Fimages\u002FANET-stock-@Jirsak-from-Getty-Images-Pro-via-Canva-@Africa-images-via-Canva\u002FANET-stock-@Jirsak-from-Getty-Images-Pro-via-Canva-@Africa-images-via-Canva.png?_i=AA",{"altText":346},{"name":356,"slug":357,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":358},"Aditya Raghunath","adityatikr",[],[360],{"name":361,"slug":362,"uri":363,"description":242,"postsCount":252},"가치 평가","valuation","\u002Fblog\u002Fcategory\u002Fvaluation",[],{"id":252,"title":366,"date":367,"excerpt":368,"wordCount":369,"uri":370,"slug":371,"cloudinaryAssetId":372,"featuredImageOriginalUrl":373,"featuredImageMetadata":374,"author":375,"categories":377,"relatedPosts":379},"지난 12개월 동안 48% 하락한 SoFi 주식, 2026년에는 더 나은 성과를 보일 수 있을까?","2026-10-26 12:45:00","SoFi 주식은 1년 만에 51% 하락했습니다. TIKR의 밸류에이션 모델이 SOFI의 상승 가능성에 대해 2028년 12월까지 22달러의 목표 주가를 제시하는 내용을 확인해 보세요.",1081,"\u002Fblog\u002Fsofi-stock-valuation-sofi-2026","sofi-stock-valuation-sofi-2026","images\u002FSOFI-stock-@AKKI-from-AKKI-JOHN-via-Canva-@MCCAIG-from-Getty-Images-Signature-via-Canva\u002FSOFI-stock-@AKKI-from-AKKI-JOHN-via-Canva-@MCCAIG-from-Getty-Images-Signature-via-Canva","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793015325\u002Fimages\u002FSOFI-stock-@AKKI-from-AKKI-JOHN-via-Canva-@MCCAIG-from-Getty-Images-Signature-via-Canva\u002FSOFI-stock-@AKKI-from-AKKI-JOHN-via-Canva-@MCCAIG-from-Getty-Images-Signature-via-Canva.png?_i=AA",{"altText":366},{"name":356,"slug":357,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":376},[],[378],{"name":361,"slug":362,"uri":363,"description":242,"postsCount":252},[],{"id":252,"title":381,"date":367,"excerpt":382,"wordCount":383,"uri":384,"slug":385,"cloudinaryAssetId":386,"featuredImageOriginalUrl":387,"featuredImageMetadata":388,"author":389,"categories":391,"relatedPosts":393},"지난 12개월 동안 9%만 상승한 팔란티어 주식, 2026년에는 더 나은 수익률을 보여줄 수 있을까?","Palantir 주가는 1년 동안 고작 4% 상승했습니다. TIKR의 밸류에이션 모델이 PLTR의 상승 여력에 대해 무엇을 말하는지 확인해 보세요. 2028년 12월까지 목표가는 529달러입니다.",1024,"\u002Fblog\u002Fpalantir-stock-valuation-pltr-2026","palantir-stock-valuation-pltr-2026","images\u002FPLTR-stock-@surachet_shotivaranon-from-surachetshs-Images-via-Canva-@SORAPOP-UDOMSRI-from-Sorapop-Udomsri-via-Canva_1454044a26c\u002FPLTR-stock-@surachet_shotivaranon-from-surachetshs-Images-via-Canva-@SORAPOP-UDOMSRI-from-Sorapop-Udomsri-via-Canva_1454044a26c","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793003212\u002Fimages\u002FPLTR-stock-@surachet_shotivaranon-from-surachetshs-Images-via-Canva-@SORAPOP-UDOMSRI-from-Sorapop-Udomsri-via-Canva_1454044a26c\u002FPLTR-stock-@surachet_shotivaranon-from-surachetshs-Images-via-Canva-@SORAPOP-UDOMSRI-from-Sorapop-Udomsri-via-Canva_1454044a26c.png?_i=AA",{"altText":381},{"name":356,"slug":357,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":390},[],[392],{"name":361,"slug":362,"uri":363,"description":242,"postsCount":252},[],{"id":252,"title":395,"date":396,"excerpt":397,"wordCount":398,"uri":399,"slug":400,"cloudinaryAssetId":401,"featuredImageOriginalUrl":402,"featuredImageMetadata":403,"author":404,"categories":406,"relatedPosts":408},"지난 12개월 동안 56% 하락한 AppLovin 주식, 2026년에는 더 나은 수익률을 보여줄 수 있을까?","2026-10-26 12:33:00","AppLovin 주가는 1년 만에 60% 하락했습니다. TIKR의 밸류에이션 모델이 APP의 상승 가능성에 대해 무엇을 말하는지 확인해 보세요. 2028년 12월까지 $366의 목표가를 제시합니다.",1139,"\u002Fblog\u002Fapplovin-stock-valuation-app-2026","applovin-stock-valuation-app-2026","images\u002FAPP-stock-@juststock-from-Getty-Images-via-Canva-@maxkabakov-from-Getty-Images-via-Canva_14548356cd2\u002FAPP-stock-@juststock-from-Getty-Images-via-Canva-@maxkabakov-from-Getty-Images-via-Canva_14548356cd2","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793013215\u002Fimages\u002FAPP-stock-@juststock-from-Getty-Images-via-Canva-@maxkabakov-from-Getty-Images-via-Canva_14548356cd2\u002FAPP-stock-@juststock-from-Getty-Images-via-Canva-@maxkabakov-from-Getty-Images-via-Canva_14548356cd2.png?_i=AA",{"altText":395},{"name":356,"slug":357,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":405},[],[407],{"name":361,"slug":362,"uri":363,"description":242,"postsCount":252},[],{"id":252,"title":410,"date":411,"excerpt":412,"wordCount":413,"uri":414,"slug":415,"cloudinaryAssetId":416,"featuredImageOriginalUrl":417,"featuredImageMetadata":418,"author":419,"categories":423,"relatedPosts":428},"엑슨모빌 주가, 브렌트유 116달러 돌파하며 사상 최고 종가 기록. 2030년까지 주가 전망은?","2026-10-26 07:55:00","엑슨모빌은 10월 23일 브렌트유가 116달러를 넘어서면서 사상 최고치인 183.21달러에 마감했으며, 현재는 애널리스트들의 평균 목표가를 상회하며 거래되고 있습니다. 회사의 최고재무책임자(CFO)는 파이오니어 인수로 인한 시너지 효과가 두 배로 증가했으며, 엑슨은 더 적은 시추정으로 페미안 지역의 회수율을 두 배로 높이는 것을 목표로 하고 있다고 밝혔습니다. 이는 회사가 통제할 수 있는 비용 레버리지입니다.",791,"\u002Fblog\u002Fexxonmobil-stock-hit-a-record-close-as-brent-topped-116-heres-where-the-stock-could-go-by-2030","exxonmobil-stock-hit-a-record-close-as-brent-topped-116-heres-where-the-stock-could-go-by-2030","images\u002F13-10\u002F13-10","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792976181\u002Fimages\u002F13-10\u002F13-10.png?_i=AA",{"altText":410},{"name":420,"slug":421,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":422},"Wiltone Asuncion","wiltonetikr",[],[424],{"name":425,"slug":426,"uri":427,"description":242,"postsCount":252},"주식 리뷰","reviews","\u002Fblog\u002Fcategory\u002Freviews",[],{"id":252,"title":430,"date":431,"excerpt":432,"wordCount":433,"uri":434,"slug":435,"cloudinaryAssetId":436,"featuredImageOriginalUrl":437,"featuredImageMetadata":438,"author":439,"categories":441,"relatedPosts":443},"Rivian이 AI 시뮬레이션 스타트업을 인수한 다음날 52주 신저가를 기록했습니다. 10월 29일이 보여주는 것은 다음과 같습니다.","2026-10-26 07:50:00","Rivian은 AI 시뮬레이션 스타트업을 인수한 다음 날 52주 신저가를 기록하며, 몇 주 전부터 시작된 19% 하락세를 이어갔습니다. 10월 29일 발표된 보고서는 이제 자율주행 기술에 대한 지출을 비용 구조가 감당할 수 있는지를 보여줘야 합니다.",925,"\u002Fblog\u002Frivian-hit-a-52-week-low-the-day-after-buying-an-ai-simulation-startup-heres-what-october-29-has-to-show","rivian-hit-a-52-week-low-the-day-after-buying-an-ai-simulation-startup-heres-what-october-29-has-to-show","images\u002F12-10_145310df477\u002F12-10_145310df477","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792976166\u002Fimages\u002F12-10_145310df477\u002F12-10_145310df477.png?_i=AA",{"altText":430},{"name":420,"slug":421,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":440},[],[442],{"name":425,"slug":426,"uri":427,"description":242,"postsCount":252},[],{"id":252,"title":445,"date":446,"excerpt":447,"wordCount":448,"uri":449,"slug":450,"cloudinaryAssetId":451,"featuredImageOriginalUrl":452,"featuredImageMetadata":453,"author":454,"categories":456,"relatedPosts":458},"로빈후드 주가, 3분기 실적 발표 전 10월에 15% 하락. 2030년까지 어디로 갈 수 있을지 살펴보기","2026-10-26 07:45:00","Robinhood는 10월 27일 실적 발표를 앞두고 Coinbase와 보조를 맞춰 두 세션 동안 6.73% 하락했습니다. 10월 22일의 두 가지 소식은 그 암호화폐 매출 항목에 반영되지 않을 수 있는 암호화폐 관련 활동을 시사합니다: 비트코인 가격 계약과 Morpho의 주식 토큰에 대한 첫 대출 시장 개설입니다.",854,"\u002Fblog\u002Frobinhood-stock-fell-15-in-october-before-its-q3-report-heres-where-it-could-go-by-2030","robinhood-stock-fell-15-in-october-before-its-q3-report-heres-where-it-could-go-by-2030","images\u002F11-11_145309e717b\u002F11-11_145309e717b","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792976143\u002Fimages\u002F11-11_145309e717b\u002F11-11_145309e717b.png?_i=AA",{"altText":445},{"name":420,"slug":421,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":455},[],[457],{"name":425,"slug":426,"uri":427,"description":242,"postsCount":252},[],{"id":252,"title":460,"date":461,"excerpt":462,"wordCount":463,"uri":464,"slug":465,"cloudinaryAssetId":466,"featuredImageOriginalUrl":467,"featuredImageMetadata":468,"author":469,"categories":471,"relatedPosts":473},"월마트 주가, 10월에 15% 상승했지만 이익 전망은 상향되지 않았다. 2031년까지 어디까지 갈 수 있을까","2026-10-26 07:40:00","월마트는 9월 30일부터 10월 23일까지 15.4% 상승했지만, 애널리스트들의 향후 12개월 주당순이익(EPS) 추정치는 주당 $3.00으로 유지됐다. 0%에서 3%의 EPS 성장을 예고한 11월 19일 실적 발표를 앞두고, 상승분의 거의 대부분은 더 높은 주가배수에서 비롯됐다.",832,"\u002Fblog\u002Fwalmart-stock-rose-15-in-october-without-a-higher-earnings-forecast-heres-where-it-could-go-by-2031","walmart-stock-rose-15-in-october-without-a-higher-earnings-forecast-heres-where-it-could-go-by-2031","images\u002F10-14_145308a5c00\u002F10-14_145308a5c00","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792976123\u002Fimages\u002F10-14_145308a5c00\u002F10-14_145308a5c00.png?_i=AA",{"altText":460},{"name":420,"slug":421,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":470},[],[472],{"name":425,"slug":426,"uri":427,"description":242,"postsCount":252},[],{"id":252,"title":475,"date":476,"excerpt":477,"wordCount":478,"uri":479,"slug":480,"cloudinaryAssetId":481,"featuredImageOriginalUrl":482,"featuredImageMetadata":483,"author":484,"categories":486,"relatedPosts":488},"애플이 엔비디아의 하락폭이 12%에 달하는 동안 잠시 엔비디아를 제쳤습니다. 2030년까지 애플 주식이 어디로 갈 수 있을지 살펴봅니다.","2026-10-26 07:35:00","Apple이 10월 23일 Nvidia를 잠시 제치고 사상 최고치인 351.73달러를 기록하며 세계에서 가장 가치 있는 기업이 되었습니다. Apple의 AI 전략은 자본 지출이 거의 필요하지 않지만, PER 38배 수준에서 11월 2일 발표될 마진 실적이 이 배수를 지지해야 합니다.",845,"\u002Fblog\u002Fapple-briefly-topped-nvidia-as-nvidias-slide-reached-12-heres-where-apple-stock-could-go-by-2030","apple-briefly-topped-nvidia-as-nvidias-slide-reached-12-heres-where-apple-stock-could-go-by-2030","images\u002F9-15_1453077213e\u002F9-15_1453077213e","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792976106\u002Fimages\u002F9-15_1453077213e\u002F9-15_1453077213e.png?_i=AA",{"altText":475},{"name":420,"slug":421,"role":241,"roleTitle":242,"biography":242,"avatar":242,"socialMediaLinks":485},[],[487],{"name":425,"slug":426,"uri":427,"description":242,"postsCount":252},[]]