电子行业周报：佰维存储业绩向好国产算力产业链持续看好

东方财富证券股...03-12

本周沪深300 指数下跌1.07，上证指数下跌0.93，深证成指下跌2.22%，创业板指下跌2.45%。申万电子指数下跌5.07%，在31 个申万行业中涨幅排名第28。2026 年年初至今，申万电子指数上涨7.09%，排名14/31。【本周观点】AI 推理主导创新，看好推理需求导向的Opex 相关方向，主要为：存储+电力+ASIC+超节点。1、存储：随着长江存储新产品和长鑫的HBM3 等最新产品...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2618132573?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2026-03-12 00:00","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2618132573","market":"hk","top_or_hot":-1,"title":"电子行业周报：佰维存储业绩向好 国产算力产业链持续看好","media":"东方财富证券股...","content":"<div>\n<p>本周沪深300 指数下跌1.07，上证指数下跌0.93，深证成指下跌2.22%，创业板指下跌2.45%。申万电子指数下跌5.07%，在31 个申万行业中涨幅排名第28。2026 年年初至今，申万电子指数上涨7.09%，排名14/31。【本周观点】AI 推理主导创新，看好推理需求导向的Opex 相关方向，主要为：存储+电力+ASIC+超节点。1、存储：随着长江存储新产品和长鑫的HBM3 等最新产品...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260312205721a6baf37e&s=b\">网页链接</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>电子行业周报：佰维存储业绩向好 国产算力产业链持续看好</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n电子行业周报：佰维存储业绩向好 国产算力产业链持续看好\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-12 00:00 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260312205721a6baf37e&s=b><strong>东方财富证券股...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>本周沪深300 指数下跌1.07，上证指数下跌0.93，深证成指下跌2.22%，创业板指下跌2.45%。申万电子指数下跌5.07%，在31 个申万行业中涨幅排名第28。2026 年年初至今，申万电子指数上涨7.09%，排名14/31。【本周观点】AI 推理主导创新，看好推理需求导向的Opex 相关方向，主要为：存储+电力+ASIC+超节点。1、存储：随着长江存储新产品和长鑫的HBM3 等最新产品...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260312205721a6baf37e&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"06809","symbol_name":"澜起科技","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260312205721a6baf37e&s=b","article_id":"2618132573","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260312205721a6baf37e&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2618132573","pubTimestamp":1773244800,"columns":[],"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"本周沪深300 指数下跌1.07，上证指数下跌0.93，深证成指下跌2.22%，创业板指下跌2.45%。申万电子指数下跌5.07%，在31 个申万行业中涨幅排名第28。2026 年年初至今，申万电子指数上涨7.09%，排名14/31。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"06809":"澜起科技","00981":"中芯国际","BK1163":"半导体产品","03986":"兆易创新"},"translate_title":"Electronic Industry Weekly: Baiwei Storage Performance Improving Domestic Computing Power Industry Chain Continues to Be Optimistic","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00981":0.9,"06809":0.9,"03986":0.9},"content_text":"本周沪深300 指数下跌1.07，上证指数下跌0.93，深证成指下跌2.22%，创业板指下跌2.45%。申万电子指数下跌5.07%，在31 个申万行业中涨幅排名第28。2026 年年初至今，申万电子指数上涨7.09%，排名14/31。【本周观点】AI 推理主导创新，看好推理需求导向的Opex 相关方向，主要为：存储+电力+ASIC+超节点。1、存储：随着长江存储新产品和长鑫的HBM3 等最新产品逐渐突破，叠加数据中心对于SSD 及HBM 需求快速提升导致供需错配，激发了长存及长鑫扩产动能。我们判断今年有望是两存扩产大年，建议重点关注国产存力产业链的整体机会：NAND&DRAM 半导体（长存相关）产业链：中微公司、拓荆科技、安集科技、京仪装备、中科飞测、微导纳米；长鑫&HBM 存储芯片相关产业链：北方华创、兆易创新、精智达、汇成股份；存储原厂：美光、海力士、三星、闪迪、兆易创新、聚辰股份等。2、电力：看好电力产业链产品，重点关注用电侧和发电侧的新技术：发电侧：三环集团；用电侧：中富电路、顺络电子、东方钽业、英诺赛科、华峰测控。3、 ASIC：看好 ASIC 推理全栈模式，预期未来 ASIC 份额提升，关注国内外主要 CSP 厂商：ASIC 芯片：博通集成、寒武纪、芯原股份；配套：沪电股份、福晶科技。4、超节点：预计未来机柜模式会迭代，看好高速互联、机柜代工、液冷散热、PCB 等需求增长，建议关注：高速互联：澜起科技、万通发展、盛科通信；机柜代工：工业富联；液冷散热：中石科技、捷邦科技等；PCB：生益科技、菲利华、东材科技、鼎泰高科、大族数控、芯碁微装等。国产化方向：从供给侧看，国内先进制程良率&产能爬升，推动国产算力芯片供给侧将有较大幅度改善，从需求侧看，国内CSP 厂商商业化模式逐渐明朗，AI 相关资本开支持续向上，同时国内模型也在持续迭代，有望带动国产算力在训练侧的放量需求，建议重点关注国产算力产业链的整体机会：先进工艺制造：中芯国际（港股）、华虹半导体（港股）、燕东微；国产算力龙头：寒武纪、海光信息、芯原股份；先进封装：通富微电、长电科技、甬硅电子、长川科技、金海通等；先进设备：北方华创、拓荆科技、微导纳米。端侧：豆包AI 手机开售，看好26 年端侧产品迭代，建议关注：果链：苹果、立讯精密、蓝思科技；SOC：瑞芯微、恒玄科技、晶晨股份；AI 眼镜：歌尔股份、水晶光电；其他：中兴通讯、传音控股、豪威集团。【风险提示】国际局势等宏观因素影响需求复苏、关键技术突破不及预期、中美摩擦加剧带来全球产业链重构。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2618132573","isCrawlerRequest":true}

电子行业周报：佰维存储业绩向好 国产算力产业链持续看好

精彩评论

电子行业周报：佰维存储业绩向好国产算力产业链持续看好