通信行业周报(第十八周):北美云CAPEX 1Q同比高增 保持算力信心

华泰证券股份有...
06 May

本周观点市场方面,上周通信(申万)指数上涨0.59%,同期上证综指下跌0.49%,深证成指下跌0.17%。北美四大云厂商1Q25 合计资本开支同比增长64%至711 亿美元,并保持25 年资本开支的积极态度,如谷歌/Meta 分别给予25 年CapEx 指引:750(维持)/640-720(上调)亿美元。我们认为,海外CSP 资本开支高增叠加乐观指引,有望持续提振算力需求信心,一方面或持续利好海外...

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