抢铜潮扰动全球供应链 AI基建扩张之下算力金属供应承压

智通财经
Aug 07
【抢铜潮扰动全球供应链 AI基建扩张之下算力金属供应承压】AI算力基建的“狂飙”,让算力金属供给侧紧张程度攀升。涵盖铜、钨、锡、钽等相关的有色金属品种被市场称为“算力金属”。8月6日,受刚果禁止铜精矿出口影响,全球铜价再次刷新历史高点。与此同时,国内外AI企业继续加码资本开支,加大AI基础设施投入。中辉期货研究员肖艳丽认为,市场存在AI铜需求的时间错配风险。从矿山勘探到投产平均需要15~18年,而AI数据中心的建设周期仅为2~3年。供给侧15年以上的长周期与需求侧2~3年的短周期之间形成了巨大的时间差,供需剪刀差在2028年前后可能达到极致,届时铜价面临结构性上行压力。

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10