今年1月,在一场由DeepSeek引爆的AI算力狂欢中,港股金山云股价从低谷的2元每股一路飙涨超五倍至11元每股,却在最新一季财报发布后连续下跌,资本市场的翻脸速度比大模型迭代更快。金山云这份一季度财报可谓是“喜忧参半”。AI业务收入激增228%的亮眼数据背后,是行业云季节性萎缩、毛利率环比下滑2.9个百分点的隐忧。这场“增收不增利”的魔幻现实,不仅撕开了中国云计算行业狂飙突进下的隐忧,更让投资者...
Source Link今年1月,在一场由DeepSeek引爆的AI算力狂欢中,港股金山云股价从低谷的2元每股一路飙涨超五倍至11元每股,却在最新一季财报发布后连续下跌,资本市场的翻脸速度比大模型迭代更快。金山云这份一季度财报可谓是“喜忧参半”。AI业务收入激增228%的亮眼数据背后,是行业云季节性萎缩、毛利率环比下滑2.9个百分点的隐忧。这场“增收不增利”的魔幻现实,不仅撕开了中国云计算行业狂飙突进下的隐忧,更让投资者...
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