海外科技行业2025年第33期:模型与算力持续加速 AI产业强劲扩展

国泰海通证券
Aug 31

本报告导读:英伟达业绩超预期,未来持续投入AI 基建。微软发布两款自研模型,持续赋能Copilot。xAI推出全新编程模型,主打快速与低价。投资要点:投资建议:维 持行业增持评级,推荐AI算力方向、云厂商方向、AI应用方向、AI 社交方向以及AI 注入周期下的中概巨头,推荐腾讯控股(0700.HK)、小米集团(1810.HK)、Meta(Meta.O)、台积电(TSM.N)。英伟达业绩超预期,未来...

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