海通国际首席经济学家张忆东:AI应用的机会将进一步扩圈

智通财经
Sep 04
【海通国际首席经济学家张忆东:AI应用的机会将进一步扩圈】海通国际首席经济学家张忆东日前发布研报表示,美债利率仍是秋季行情的短期主要扰动因素,9月FOMC会议之前的博弈其实有惊无险,震荡恰是买股时。三季度美债长端利率有望冲高回落,先上后下。不排除9月份美债10年期收益先冲高到5%左右,到了四季度回到4.3%左右。张忆东表示,AI行情尚能持续,但已经进入“秋天”,短期震荡蓄势是在确认新逻辑。从投资角度,模糊的正确胜于精确的错误。这一次AI科技浪潮是一次史诗级科技革命,这一轮AI朱格拉周期至少可以到2028年初,AI行情至少可以延续到明年。秋天行情将是AI行情的扩散,拥抱以应用为主导的AI新逻辑,沿着两条新主线展开结构性行情:AI应用的机会将进一步扩圈,关注政务、企事业、军工等领域的AI+,以及具身智能、能源科技等应用;沿着“AI+”主线向“非AI科技”方向扩散,非AI科技行业的硬核资产“老树开新花”,特别关注以“人工智能+”为名,并购重组及资产注入为实的外延式增长。

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