高盛大宗商品展望:AI引爆“铜与电”短缺危机,局部停电、电价飙升可能拖累美国AI进展

华尔街见闻
Dec 19, 2025

全球AI竞赛正加速“铜与电”资源的结构性短缺,尤其在美国,电力市场紧张和铜供应受限或将成为制约AI产业发展的关键瓶颈。 据追风交易台,高盛Daan Struyven分析师团队在最新大宗商品2026年展望报告中警告,美国AI数据中心的爆炸式增长正推动电力需求激增,美国电力市场面临进一步紧张,存在价格大幅上涨甚至停电的风险,这可能成为拖累美国在AI竞赛中进展的关键瓶颈。 报告指出,AI驱动的数据中心...

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