海外科技行业2025年第35期:AI基建持续投入、推理芯片迭代 算力仍是主旋律

国泰海通证券
Sep 14

本报告导读:甲骨文RPO 暴增,大幅上调云收入指引,AI 产业趋势延续超高景气度,能见度至2030 年。英伟达推出推理专用芯片 Rubin CPX,推理效率大幅提升。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...

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