电子行业2026年度策略报告:跨越科技“奇点”,开启智能时代

中国银河
Nov 25

(以下内容从中国银河《电子行业2026年度策略报告:跨越科技“奇点”,开启智能时代》研报附件原文摘录)核心观点AI赋能加速智能时代。2025年的电子板块行情表现突出,在经历中美关税战缓和之后,A股电子板块走势呈现“震荡上行、结构分化”的特征,核心驱动力来自AI算力需求爆发、半导体国产替代加速及消费电子边际复苏。展望2026年,除算力板块以外,整体估值处于历史偏高位置,预期收益率来自利润的增长。AI...

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