中信建投：算力行业高景气度持续验证估值或有提升空间

金融界2025-07-23

中信建投研报称，算力行业高景气度持续验证，估值或有提升空间。继续推荐算力板块：一是业绩持续高增长且估值仍处于历史较低水平的北美算力链核心标的；二是有望享受外溢需求、取得客户或份额突破的公司；三是上游紧缺的环节；四是随着GB300的批量出货，建议重点关注1.6T光模块及CPO产业链。五是建议关注国产算力链。此外，中信建投认为随着大模型的不断迭代，产业将向通用人工智能方向发展，AI应用仍值得期待，叠加...

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中信建投：算力行业高景气度持续验证 估值或有提升空间

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中信建投：算力行业高景气度持续验证估值或有提升空间