【券商聚焦】中国银河:半导体上行持续 存储迎来大周期

金吾财讯
Nov 26

金吾财讯 | 中国银河证券发研报指,半导体:半导体上行持续,存储迎来大周期。2025年半导体行业处于快速成长中,预计2026年趋势保持。看好的几个方向:①算力国产化大势所趋,关注国产算力芯片。②AI+有望驱动消费电子进入新一轮成长周期,这将拉动消费电子处理器等半导体零部件的销售。③存储芯片受益于算力需求大增,供需缺口迎来大周期。④受AI HPC需求拉动,半导体制造板块正处于新一轮增长周期中。⑤在AI和HBM需求浪潮下,持续看好半导体国产装备板块。⑥半导体材料行业将保持量价齐升趋势,看好光刻胶、CMP抛光材料、湿电子化学品等领域相关投资机会。

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