晨会纪要

西部证券股份有...2025-07-08

【通信】通信行业周观点：前瞻通信行业中报，继续关注AI 算力和绩优股市场关注token 的增长，token 数量在文本生成领域是衡量AI 工作量的重要参考指标，在图像和视频生成领域，内容创作过程中的运算强度远超最终输出token 数。重视推理需求增长趋势，代理式AI 有望成为推动AI 发展新阶段的核心驱动，在探索规模化AI 商业化应用的道路上，算力资源仍然是AI创新的主要瓶颈，大厂自研Asic ...

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