中信证券：大模型密集迭代升级关注模型原厂、AI应用、AI基础设施方向机遇

智通财经04-01

智通财经APP获悉，中信证券发布研报称，2026年以来，国产大模型厂商聚焦Agent及代码能力升级，竞相发布新模型。即将发布的DeepSeek下一代新模型有望延续高性价比开源模型路线，在能力上实现更强记忆功能与超长上下文处理，精进代码、Agent能力的同时并补齐多模态短板，带来模型原厂、AI应用、AI基础设施方向的新投资机遇，该行建议关注这三条投资主线。1)模型原厂：DeepSeek新一代模型有望...

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中信证券：大模型密集迭代升级 关注模型原厂、AI应用、AI基础设施方向机遇

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中信证券：大模型密集迭代升级关注模型原厂、AI应用、AI基础设施方向机遇