东吴证券：AIAgent落地速度正逐渐加速 CPU有望在Agent时代迎来大周期

智通财经02-02

智通财经APP获悉，东吴证券发布研报称，AIAgent落地速度正逐渐加速，其带来的沙箱创建、负载卸载等需求有望大幅拉动CPU的需求。但同时，全球算力供应链产能紧张，多个环节涨价，使得CPU制造成本增加。两方面影响下，该行认为CPU产业有望迎来大周期。东吴证券主要观点如下：CPU供应不足，供应商预计将上调价格受超大规模云厂商需求驱动，英特尔与AMD计划于2026年上调服务器CPU价格10%-15%。...

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