半导体行业:LPDDR或将替代基于DDR5的RDIMM传统方案 内存报价有望持续提升 并向消费电子市场外溢

国泰海通证券
Nov 20, 2025

本报告导读:随着英伟达在服务器端大幅提升对 LPDDR 的需求,围绕先进芯片出现了更广泛、更长期的风险因素,从而向整个消费电子市场外溢。投资要点:行业观点及投资建议。英伟达近期决定更换所用内存芯片类型,以降低AI 服务器的功耗成本,将服务器常用的DDR5 替换为LPDDR,以低功耗LPDDR 替代传统基于DDR5 的RDIMM。随着英伟达在服务器端大幅提升对 LPDDR 的需求,内存报价有望持续...

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