高盛对胜宏 4 季度业绩前瞻

2030FY02-23

高盛重申对胜宏科技增长的积极看法，预计其净利润在2026/2027E将同比增长129%/82%，这主要由强劲的收入增长和毛利率上升推动，预计到2027E AI服务器PCB收入占比将升至70%（2025E为29%）。全球PCB市场份额分布：预计胜宏科技在全球GPU AI服务器领域的市场份额将在2026E-27E维持在25%-26%，并将在2026E-27E继续扩展至谷歌的TPU AI服务器领域。我们...

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