地平线机器人-W(9660.HK)：大算力+HSD 打造越级智能辅助驾驶

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投资要点征程系列累计出货量破千万。公司自主研发设计的智能计算架构BPU，历经三代架构迭代，从伯努利架构到纳什架构，BPU计算性能6 年间提升了246 倍。2025 年开启量产的征程6 系列基于新一代BPU 纳什架构开发，覆盖10-560TOPS 算力，是目前国内唯一满足从L2辅助驾驶到全场景城区辅助驾驶需求的计算方案，高效满足智能汽车的多元化需求；征程系列客户覆盖超40 家国内外车企，合作车型超...

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