美银认为,清洁能源作为AI物理运行的核心支撑,其需求规模远超AI产业本身。关键金属如铜和锡受数据中心及半导体建设驱动,供需缺口持续扩大。电网基建面临万亿级投资需求,已成为制约能源安全和AI发展的关键瓶颈。国防安全板块受地缘政治驱动,资金投入确定性强,与AI商业周期相关性低,构成理想对冲资产。在AI叙事主导市场的当下,资本拥挤带来的脆弱性已不容忽视。美银表示,当AI狂热退潮,真正的机会藏在那些支撑...
Source Link美银认为,清洁能源作为AI物理运行的核心支撑,其需求规模远超AI产业本身。关键金属如铜和锡受数据中心及半导体建设驱动,供需缺口持续扩大。电网基建面临万亿级投资需求,已成为制约能源安全和AI发展的关键瓶颈。国防安全板块受地缘政治驱动,资金投入确定性强,与AI商业周期相关性低,构成理想对冲资产。在AI叙事主导市场的当下,资本拥挤带来的脆弱性已不容忽视。美银表示,当AI狂热退潮,真正的机会藏在那些支撑...
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