½ðÄê»á

À´Ô´£ºÎÄѧÒÕÊõÐÎÏó £¬×÷Õߣº £¬£º

¡¾¿ª·âÍÆÄÃÒ»Ìõ½Ö½Ðʲô¡¿¿ª·âÍÆÄÃÒ»Ìõ½Ö½Ð¡°¹ÄÂ¥Ò¹ÊÐÍÆÄý֡± £¬ÊÇÍâµØºÜÊÇÓÐÌØÉ«µÄµØ·½¡£

ÄÉ˹´ï¿Ë×ÛºÏÖ¸ÊýÊÜÒæÓÚÈ˹¤ÖÇÄÜÈȳ± £¬2025ÄêÀÛ¼ÆÒÑÉÏÕÇ20.36%¡£Êµ¼ÊÉÏ £¬Õâ¾ÍÏñ¿ª·âµÄÍÆÄÃÒ»Ìõ½ÖÒ»Ñù £¬Ëæ×ÅÈËÃÇÐèÇóµÄÌáÉý £¬ËüµÄÖªÃû¶ÈÒ²ÔÚÖð½¥À©´ó¡ £¿ª·âÍÆÄÃÒ»Ìõ½Ö½Ðʲô £¿¹ÄÂ¥Ò¹ÊÐÍÆÄý־ÍÊÇÃյס£ÕâÀï²»µ«ÄÜÌåÑéËíµÀµÄÍÆÄÃЧÀÍ £¬»¹ÄܸÐÊܵ½Å¨Å¨µÄµØ·½ÎÄ»¯¡£

ŬÁ¦ÕýÔÚÐí¶à²ãÃæÂýÂýÕ¹¿ª¡£¼à¹Ü¶Ô»ÒÉ«µØ´øÁ¬ÐøÇåÀí £¬Õë¶Ô¡°ÔÂϵÈÚµ£¡±ÕâÀà±äÏà¸ßÀû´ûͨ¹ý´û¿î³¬ÊС¢¶ÌÐÅÍÆËÍÇÄÇÄÂûÑÓµÄÏÖÏó £¬Öйú»¥ÁªÍø½ðÈÚЭ»áÔÚÄêµ××éÖ¯ÁËÐÐÒµ×Ô²é £¬ÒªÇó»ú¹¹ÇåÀíÏàÖúÇþµÀ¡£ÕâÖÖÇåÀíÀú³Ì¾ÍÏñ¿ª·âÍÆÄýֵÄÐËÆðÒ»Ñù £¬Í¨¹ý²»¾ø¹æ·¶Ð§ÀÍÖÊÁ¿ºÍÇé¿öÌõ¼þ £¬ÎüÒýÁ˸ü¶àÓοÍǰÀ´ÌåÑé¡£±ÊÕßÁôÒâµ½ £¬¼¸¸öÒ»¾­»îÔ¾µÄƽ̨Á´½Ó £¬ÕýÒ»ÅúÅúÏûʧ¡£

ÃÀ¹úÕ®ÊУº¹úÕ®ÄêÄÚ×îºóÒ»Ììϵø £¬´ËǰÉêÁìʧҵ¾È¼ÃÈËÊýϽµ¡£±ÈÉÏÔ¼õÉÙÔ¼12% £¬ÏÔʾ¾ÍÒµÊг¡ÓÐËù»ØÅ¯¡£ÁíÍâ £¬¿ª·âÍÆÄýֵÄÓοÍÈËÊýÒ²ÔÚÖðÄêÔö³¤¡£¾ÝÊÓ²ì £¬2023ÄêÓοÍÊýÁ¿½ÏÈ¥ÄêÌáÉýÔ¼35% £¬³ÉΪÍâµØ¾­¼ÃÔö³¤µÄÒ»²¿·Ö¡£

Èç¹û˵ GPU ÊÇÕ¾ÔŲ́ǰµÄÃ÷ÐÇ £¬ÄÇôÉ豸ÓëÁ¿²âÌåϵ £¬²ÅÊÇÕæÕý°ÑÃ÷ÐÇ¡°Äð³ÉÏÖʵ¡±µÄ¹¤³§¡£ÔÚÕâ·Ý°ñµ¥ÖÐ £¬É豸ÓëÁ¿²â¹«Ë¾µÄÊÐÖµ¸ß¶È¼¯ÖÐÇÒÔöËÙÏÔÖø£ºASML ÊÐÖµÔ¼ 4195 ÒÚÃÀÔª¡¢Í¬±ÈÔö³¤½ü 50%£»Ó¦ÓÃÖÊÁÏÓë Lam Research ¾ùÍ»ÆÆ2000ÒÚÃÀÔª¹Ø¿Ú £¬ÆäÖÐ Lam µÄÔöËÙÁè¼Ý 114%£»KLA ÊÐÖµÔ¼1572ÒÚÃÀÔª¡¢Ôö³¤ 82%£»Tokyo Electron Óë Advantest Ò²»®·Öά³ÖÔÚ 900 ÒÚÃÀÔª×óÓÒµÄÌåÁ¿ £¬²¢Õ¹ÏÖ³ö½Ó½ü»òÁè¼Ý 100% µÄÔö³¤µ¯ÐÔ¡£ÏàËÆµØ £¬¿ª·âÍÆÄÃÒ»Ìõ½Ö½ÐʲôµÄÎÊÌâÒ²¿ªÊ¼±»¸ü¶àÈËÌÖÂÛ £¬±³ºó·´Ó¦ÁËЧÀÍÒµÔÚÌáÉýÌåÑé·½ÃæµÄŬÁ¦¡£

һλ½Ó½üÈÚ´´ÉϺ£¹«Ë¾µÄÈËÊ¿¸æËßÿ¾­¼ÇÕß £¬Ïà½ÏÓÚ2021Ä꿪ÅÌ £¬´Ë´Î¹ÒÅÆ¼ÛÒѺÜÊÇÓÅ»Ý £¬ÊÇÕâ´Î·¨Åı»ÊýÍòÈËΧ¹ÛµÄÔ­ÒòÖ®Ò»¡£Óë´ËÀàËÆ £¬¹ÄÂ¥Ò¹ÊÐÍÆÄýֵÄЧÀͼ۸ñÒ²·Ç³£»®Ëã £¬ÎüÒýÁ˲»ÉÙÍâµØÓοÍĽÃû¶øÀ´¡£Æ¾¾ÝÊý¾ÝÏÔʾ £¬80%µÄÍÆÄõê¿ÍÁ÷Á¿À´×ÔÖܱßÊ¡·ÝµÄÓο͡£

¿ª·âÍÆÄÃÒ»Ìõ½ÖÔڵط½¾­¼ÃÖеÄÕ¼±ÈԼΪ18% £¬ÓëÆäËûÂÃÓνÖÏà±È¾ßÓÐÆæÌصÄÎÄ»¯ÎüÒýÁ¦¡£ÕâÖÖÓ°ÏìÁ¦Ò²ÖúÍÆÁËÖܱßÏà¹Ø¹¤ÒµµÄÉú³¤¡£

×ܽáÀ´¿´ £¬ÎÞÂÛÊǽðÈÚ¼à¹ÜÕÕ¾ÉÂÃÓι¤ÒµµÄÉú³¤ £¬¶¼·´Ó¦ÁËÈËÃǶԹ淶ÓëÆ·ÖʵÄ×·Çó¡£¹ÄÂ¥Ò¹ÊÐÍÆÄýֲ»¿ÉÊÇÒ»¸ö¼òµ¥µÄÍÆÄÃЧÀͳ¡ºÏ £¬¸üÊÇ¿ª·âµØ·½ÎÄ»¯Óë¾­¼ÃÔö³¤µÄËõÓ°¡£

Óû§ÆÀÂÛ£º

@СÀî̽µê£º¹ÄÂ¥Ò¹ÊÐÍÆÄýÖÕæµÄ²»´í£¡Çé¿öºÃ £¬¼Û¸ñ»¹Êµ»Ý £¬ÍƼö¸÷ÈËÈ¥¿´¿´£¡

@ÂÃÐÐϲºÃÕߣºÉÏ´ÎÈ¥¿ª·âÍæ £¬ÌصØÈ¥ÌåÑéÁËÍÆÄÃ½Ö £¬Ð§ÀͺÜרҵ £¬ÌرðÊæ·þ£¡

@³ÔºÈÍæÀÖ£ºÌý˵¿ª·âÍÆÄÃÒ»Ìõ½Ö½Ðʲô £¿ÖÕÓÚÖªµÀÁË£¡¹ÄÂ¥Ò¹ÊÐÍÆÄÃ½Ö £¬ÕæÊÇÖµµÃÈ¥¸ÐÊÜһϡ£

ÍøÕ¾µØÍ¼