国金证券:AI需求强劲 重点关注三季报有望超预期方向

智通财经
Oct 26, 2025

智通财经APP获悉,国金证券发布研报称,看好AI-PCB及核心算力硬件、苹果产业链及自主可控受益产业链。近期产业链不断有北美大厂加大AI投入,上修CoWoS需求,加单800G、1.6T光模块及AI-PCB等利好信息。接下来各公司陆续公布三季报,建议关注深度受益AI算力产业链的方向和公司,三季度业绩或四季度指引有望超预期。该行认为,下游推理需求激增,带动ASIC需求强劲增长,英伟达技术不断升级,带动...

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