前瞻美股半导体:AI ASIC逐步进入业绩高增长期

格隆汇
Yesterday

本文来自格隆汇专栏:中信证券研究,作者:陈俊云、高飞翔伴随着AI Agent技术的发展,2025年以来AI推理景气度持续提升。如:谷歌AI Token推理量于2025年4月增长至480万亿,同比增长50倍。通过对某一架构&模型进行定制,ASIC(专用集成电路)芯片相较于GPU可以做到更低的功耗&更低的成本。从产品需求的角度来看:预计未来伴随着AI在搜索排序、推荐、SaaS等领域中的落地,ASIC...

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