【方正证券:AI对HBM需求旺盛 关注相关设备投资机会】方正证券研报认为,HBM需求旺盛,是高成长赛道。AI对于HBM的需求旺盛,三大国际原厂不断迭代技术、扩充产能来满足下游需求。相比传统DRAM,HBM的制造流程的增量环节主要是封装段,建议关注HBM先进封装相关设备标的:精智达(测试机)、赛腾股份(检测设备)等。国内DRAM产业总体落后,HBM制造同样会带来前道DRAM制造设备的增量需求,建议关注前道制造设备标的:北方华创、中微公司等。

金融界
26 Dec 2024
方正证券研报认为,HBM需求旺盛,是高成长赛道。AI对于HBM的需求旺盛,三大国际原厂不断迭代技术、扩充产能来满足下游需求。相比传统DRAM,HBM的制造流程的增量环节主要是封装段,建议关注HBM先进封装相关设备标的:精智达(测试机)、赛腾股份(检测设备)等。国内DRAM产业总体落后,HBM制造同样会带来前道DRAM制造设备的增量需求,建议关注前道制造设备标的:北方华创中微公司等。

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