分析員
主要指數



焦點新聞
行業更新 | 中國資訊科技硬件
2026年第2季度的業績表現參差:受惠於持續的資本支出,人工智能基礎設施股錄得強勁增長;與此同時,由於記憶體成本受低端Android出貨量所拖累,加上人民幣升值導致外匯虧損,手機相關供應商表現落後。四大超大規模雲端運算服務商2026年的資本支出指引獲上調美金300億元至約美金7,330億元,而我們預計缺乏彈性的人工智能需求將消化零件價格上漲。維持「跑嬴大市」評級;鑑於目前全行業出現短缺,相比瓶頸交易,我們更看重執行力與供應保障。首選股:FII、ASMPT、NAURA、大族激光。
焦點新聞
行業更新 | 中國資訊科技硬件
2026年第2季度的業績表現參差:受惠於持續的資本支出,人工智能基礎設施股錄得強勁增長;與此同時,由於記憶體成本受低端Android出貨量所拖累,加上人民幣升值導致外匯虧損,手機相關供應商表現落後。四大超大規模雲端運算服務商2026年的資本支出指引獲上調美金300億元至約美金7,330億元,而我們預計缺乏彈性的人工智能需求將消化零件價格上漲。維持「跑嬴大市」評級;鑑於目前全行業出現短缺,相比瓶頸交易,我們更看重執行力與供應保障。首選股:FII、ASMPT、NAURA、大族激光。
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