长城证券投资策略研究如何建立AI投资的锚点*汪毅,丁皓晨 20250424

长城证券2025-04-28

报告名称: 如何建立AI投资的锚点报告类型: 投资策略研究报告日期: 20250424研究员: 汪毅,丁皓晨【内容摘要】人工智能技术的突破正在开启人类社会的又一次生产力革命。与电力革命和互联网革命的历史轨迹相似，大模型技术通过提供可规模化的“智力供给”，推动产业生态重构。ChatGPT的公测标志着技术临界点的到来。当前AI产业链已形成分层结构：底层以NVIDIA的算力芯片和云计算平台为核心，类比...

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