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指数大涨中国闪崩
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指数大涨中国闪崩
指数大涨中国闪崩
·
12-03
$富时中国H50指数主连 2512(FCHmain)$
买山寨币也不玩A股诈骗市场
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指数大涨中国闪崩
指数大涨中国闪崩
·
11-26
$富时中国H50指数主连 2511(FCHmain)$
已经全面闪崩新低，不要看虚假指数！涨就是割肉跑路
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209
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指数大涨中国闪崩
指数大涨中国闪崩
·
11-21
$MSCI中国A50指数主连 2512(MCAmain)$
中国虚假指数闪崩必然，不是银行就能信的
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指数大涨中国闪崩
指数大涨中国闪崩
·
11-20
$纳斯达克中国金龙指数(HXC)$
看嘣
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453
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指数大涨中国闪崩
指数大涨中国闪崩
·
11-20
$纳斯达克中国金龙指数(HXC)$
崩的
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389
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指数大涨中国闪崩
指数大涨中国闪崩
·
11-20
$谷歌(GOOG)$
谷歌第一！
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112
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指数大涨中国闪崩
指数大涨中国闪崩
·
11-19
$富时中国H50指数主连 2511(FCHmain)$
坚持看空不烦躁，一个始终如一收割韭菜的市场！
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143
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2
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指数大涨中国闪崩
指数大涨中国闪崩
·
11-18
不着急你们
美股三大指数期货“跳水”，纳斯达克100指数期货跌1%
美股三大指数期货集体“跳水”。
美股三大指数期货“跳水”，纳斯达克100指数期货跌1%
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指数大涨中国闪崩
指数大涨中国闪崩
·
11-18
$NQ100指数主连 2512(NQmain)$
最看空A股市场，必须闪崩诈骗局面
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279
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指数大涨中国闪崩
指数大涨中国闪崩
·
11-17
果然牛比，把豆包，文心一言甩几条街！和Deepseek类似，更优
阿里千问APP公测引爆软件板块：估值与盈利双见底，AI应用加速落地，行业初现复苏曙光！
华西证券指出，阿里巴巴AI战略正向C端突破，“千问”的品牌升级标志着产品进入全新发展阶段，并认为C端AI应用有望成为2026年的重要突破方向。国盛证券以行业业绩数据证实AI已成为增长“赋能者”，并分析指出当前计算机板块的“低配”状态，在政策催化下可能迎来资金回流，驱动行业景气度持续回升。
阿里千问APP公测引爆软件板块：估值与盈利双见底，AI应用加速落地，行业初现复苏曙光！
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谷歌第一！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/502298176688216","isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":501936544669800,"gmtCreate":1763562156686,"gmtModify":1763563142021,"author":{"id":"3464587978783849","authorId":"3464587978783849","name":"指数大涨中国闪崩","avatar":"https://static.tigerbbs.com/8b3f25808bbc56ad4b78fbe0295b1a86","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3464587978783849","authorIdStr":"3464587978783849"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/FUT/FCHmain\">$富时中国H50指数主连 2511(FCHmain)$ </a> 坚持看空不烦躁，一个始终如一收割韭菜的市场！","listText":"<a href=\"https://laohu8.com/FUT/FCHmain\">$富时中国H50指数主连 2511(FCHmain)$ </a> 坚持看空不烦躁，一个始终如一收割韭菜的市场！","text":"$富时中国H50指数主连 2511(FCHmain)$ 坚持看空不烦躁，一个始终如一收割韭菜的市场！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/501936544669800","isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":501485455123328,"gmtCreate":1763440902317,"gmtModify":1763442646700,"author":{"id":"3464587978783849","authorId":"3464587978783849","name":"指数大涨中国闪崩","avatar":"https://static.tigerbbs.com/8b3f25808bbc56ad4b78fbe0295b1a86","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3464587978783849","authorIdStr":"3464587978783849"},"themes":[],"title":"","htmlText":"不着急你们","listText":"不着急你们","text":"不着急你们","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/501485455123328","repostId":"1137915346","repostType":2,"repost":{"id":"1137915346","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1763440386,"share":"https://www.laohu8.com/m/news/1137915346?lang=&edition=full","pubTime":"2025-11-18 12:33","market":"us","language":"zh","title":"美股三大指数期货“跳水”，纳斯达克100指数期货跌1%","url":"https://stock-news.laohu8.com/highlight/detail?id=1137915346","media":"老虎资讯综合","summary":"美股三大指数期货集体“跳水”。","content":"<html><head></head><body><p>周二午间时段，美股三大指数期货集体“跳水”，截至发稿纳斯达克100指数期货跌幅约1%，标普500指数期货跌超0.7%，道指期货跌超0.5%。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6c382733856ac9bc3015582ba0f2aefd\" title=\"\" tg-width=\"1176\" tg-height=\"438\"/></p><p></p></body></html>","collect":0,"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>美股三大指数期货“跳水”，纳斯达克100指数期货跌1%</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; 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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美股三大指数期货“跳水”，纳斯达克100指数期货跌1%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2025-11-18 12:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>周二午间时段，美股三大指数期货集体“跳水”，截至发稿纳斯达克100指数期货跌幅约1%，标普500指数期货跌超0.7%，道指期货跌超0.5%。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6c382733856ac9bc3015582ba0f2aefd\" title=\"\" tg-width=\"1176\" tg-height=\"438\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/347452cc99fb488c45ccd900fcf3aa20","relate_stocks":{},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137915346","content_text":"周二午间时段，美股三大指数期货集体“跳水”，截至发稿纳斯达克100指数期货跌幅约1%，标普500指数期货跌超0.7%，道指期货跌超0.5%。","news_type":1,"symbols_score_info":{"NQmain":2,"YMmain":2,"ESmain":2}},"isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":501487198642416,"gmtCreate":1763440811602,"gmtModify":1763442646461,"author":{"id":"3464587978783849","authorId":"3464587978783849","name":"指数大涨中国闪崩","avatar":"https://static.tigerbbs.com/8b3f25808bbc56ad4b78fbe0295b1a86","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3464587978783849","authorIdStr":"3464587978783849"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/FUT/NQmain\">$NQ100指数主连 2512(NQmain)$ </a> 最看空A股市场，必须闪崩诈骗局面","listText":"<a href=\"https://laohu8.com/FUT/NQmain\">$NQ100指数主连 2512(NQmain)$ </a> 最看空A股市场，必须闪崩诈骗局面","text":"$NQ100指数主连 2512(NQmain)$ 最看空A股市场，必须闪崩诈骗局面","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/501487198642416","isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":501067181732168,"gmtCreate":1763371568630,"gmtModify":1763372945370,"author":{"id":"3464587978783849","authorId":"3464587978783849","name":"指数大涨中国闪崩","avatar":"https://static.tigerbbs.com/8b3f25808bbc56ad4b78fbe0295b1a86","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3464587978783849","authorIdStr":"3464587978783849"},"themes":[],"title":"","htmlText":"果然牛比，把豆包，文心一言甩几条街！和Deepseek类似，更优","listText":"果然牛比，把豆包，文心一言甩几条街！和Deepseek类似，更优","text":"果然牛比，把豆包，文心一言甩几条街！和Deepseek类似，更优","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/501067181732168","repostId":"2584861720","repostType":2,"repost":{"id":"2584861720","kind":"highlight","weMediaInfo":{"introduction":"追踪全球财经热点，精选影响您财富的资讯，投资理财必备神器！","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1763367933,"share":"https://www.laohu8.com/m/news/2584861720?lang=&edition=full","pubTime":"2025-11-17 16:25","market":"sh","language":"zh","title":"阿里千问APP公测引爆软件板块：估值与盈利双见底，AI应用加速落地，行业初现复苏曙光！","url":"https://stock-news.laohu8.com/highlight/detail?id=2584861720","media":"华尔街见闻","summary":"华西证券指出，阿里巴巴AI战略正向C端突破，“千问”的品牌升级标志着产品进入全新发展阶段，并认为C端AI应用有望成为2026年的重要突破方向。国盛证券以行业业绩数据证实AI已成为增长“赋能者”，并分析指出当前计算机板块的“低配”状态，在政策催化下可能迎来资金回流，驱动行业景气度持续回升。","content":"<html><head></head><body><blockquote><p>华西证券指出，阿里巴巴AI战略正向C端突破，“千问”的品牌升级标志着产品进入全新发展阶段，并认为C端AI应用有望成为2026年的重要突破方向。国盛证券以行业业绩数据证实AI已成为增长“赋能者”，并分析指出当前计算机软件板块的“低配”状态，在政策催化下可能迎来资金回流，驱动行业景气度持续回升。</p></blockquote><p style=\"text-align: justify;\">随着阿里巴巴宣布旗下AI应用“千问”开启公测，一场关于人工智能从企业端（B端）走向消费端（C端）的竞速赛正式拉开帷幕。这一标志性事件不仅点燃了资本市场对AI应用商业化的热情，也为长期处于估值与盈利双重底部的软件板块注入了强心剂，预示着行业复苏的曙光或已初现。</p><p>11月16日，阿里巴巴官宣其旗舰AI应用正式由“通义”更名为“千问”，并向公众开放测试。市场的反应立竿见影，在千问APP上线消息的刺激下，周一AI应用板块集体大涨，三六零、宣亚国际等多只软件相关个股触及涨停，东方国信、蓝色光标跟涨。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa73ff803b3530d08a842e31576b1673\" tg-width=\"834\" tg-height=\"414\"/></p><p style=\"text-align: justify;\">分析人士认为，阿里千问APP的推出，是其AI战略从重资产扩张转向高效变现阶段的体现。华西证券在一份报告中明确指出：“我们认为，伴随阿里最新季报中阿里云AI收入超预期的增长，AI产品正在逐渐成为阿里云增长的核心驱动力，‘通义’App正式完成品牌升级更名为‘千问’，软件版本从3.60.0升级至5.0.0，标志产品进入全新发展阶段。<strong>在当前时点，我们认为重点关注阿里在AI侧从to B向to C突破进展，C端AI 应用有望成为2026年重要突破方向之一。”</strong></p><h2 id=\"c\">阿里战略转向，全力押注C端超级入口</h2><p style=\"text-align: justify;\">“千问”APP的推出，是阿里巴巴AI战略的一次重大升级。据媒体报道，这是继AI基建和淘宝闪购之后，阿里今年宣布的又一个集团战略级项目，由CEO吴泳铭亲自拍板，意在打造一个AI原生的C端超级应用入口。</p><p style=\"text-align: justify;\">此次从“通义”到“千问”的更名，更是一次精心策划的品牌统一行动，旨在将开发者社区中已颇具影响力的“Qwen”模型品牌，与面向大众的消费级产品直接关联。据华尔街见闻此前文章，有知情人士透露，阿里计划将旗下多个AI应用整合至“千问”品牌下，打造一款消费者首选的一站式应用，未来还将逐步增加代理式AI功能，以支持在淘宝等平台上的购物体验。</p><p style=\"text-align: justify;\">此次公测的版本，不仅搭载了阿里性能最强的Qwen3-Max模型，还采用了极简设计，并默认开启联网搜索功能以确保信息的时效性，试图解决大模型固有的“幻觉”问题。此举标志着阿里正全面参与到与字节跳动“豆包”、腾讯“元宝”等应用的竞争中，争夺AI时代稀缺的用户注意力入口。</p><p style=\"text-align: justify;\">值得注意的是，据中国基金报消息，华为即将于11月21日发布一项AI领域的突破性技术，旨在解决算力资源利用效率的难题。该技术通过软件创新，可将GPU、NPU等算力资源的利用率从行业平均的30%至40%显著提升至70%，从而大幅释放算力硬件潜能。</p><p style=\"text-align: justify;\">据悉，这项技术能够实现对英伟达、昇腾及其他三方算力的统一资源管理与利用，屏蔽硬件差异，为AI训练和推理提供更高效的资源支撑。</p><p style=\"text-align: justify;\">值得注意的是，<strong>华为此次的技术路线与以色列AI初创公司Run:ai存在共同性</strong>。Run:ai自2018年成立以来，一直专注于GPU调度技术，致力于打造能将AI模型拆分并行运行的平台，<strong>其核心产品是基于Kubernetes构建的软件平台，通过动态调度、池化、分片等技术优化GPU资源利用率。</strong>该公司在2024年底被英伟达以7亿美元收购，凸显了算力资源调度技术在AI产业中的战略价值。</p><h2 id=\"5c3e77a0\">行业景气回暖，业绩超预期打消市场疑虑</h2><p style=\"text-align: justify;\">此前，“AI吞噬软件”论调曾一度给计算机软件板块蒙上阴影，加剧了投资者的观望情绪。然而，最新的行业财报数据正有力地驱散这一疑虑。</p><p style=\"text-align: justify;\">根据国盛证券的研究报告，多家计算机领军企业在2025年第三季度的业绩表现优异，增长显著提速。报告数据显示，金山办公、海康威视、深信服、合合信息等公司，其单季度营收或归母净利润同比增长率相较二季度均有明显提升。以金山办公为例，其25Q3归母净利润同比增长高达35.42%，远超Q2的-2.83%，主要得益于AI新产品的落地推广和信创业务的加速。这表明，对于具备核心竞争力和强大执行力的公司而言，AI非但不是“吞噬者”，反而成为驱动增长的“赋能者”。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9eef20856ac3961d41297b95d4476668\" tg-width=\"1024\" tg-height=\"403\"/></p><h2 id=\"c767104b\">机构配置处低位，政策与监管新规构成潜在催化</h2><p style=\"text-align: justify;\">从资金配置角度看，软件行业正处于一个有利的起点。据基金三季报重仓持股数据显示，2025Q3基金重仓持股总市值中，计算机板块占比仅为2.68%，处于近年来的相对低位，且已连续两个季度下降。与此同时，年初至今该行业的涨幅也落后于通信、电子等其他科技板块。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7170a0ec516686c0c1a0e4fd1242bb37\" tg-width=\"1024\" tg-height=\"469\"/></p><p style=\"text-align: justify;\">国盛证券认为，这种“低配”状态可能迎来转机。中国证监会近期就《公开募集证券投资基金业绩比较基准指引》征求意见，旨在强化业绩基准的约束作用，限制基金投资风格的过度偏离。</p><p style=\"text-align: justify;\">分析认为，该新规一旦实施，将利好计算机等当前被低配的板块，可能引导资金回流。此外，国家发改委等部门印发的《深化智慧城市发展推进全域数字化转型行动计划》以及国务院常务会议部署加快场景培育等政策利好，也为行业景气度的持续回升提供了坚实支撑。</p></body></html>","collect":0,"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>阿里千问APP公测引爆软件板块：估值与盈利双见底，AI应用加速落地，行业初现复苏曙光！</title>\n<style 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href=\"https://wallstreetcn.com/articles/3759527\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7064c4d7d0e0e65c6e1138157a714384","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://wallstreetcn.com/articles/3759527","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2584861720","content_text":"华西证券指出，阿里巴巴AI战略正向C端突破，“千问”的品牌升级标志着产品进入全新发展阶段，并认为C端AI应用有望成为2026年的重要突破方向。国盛证券以行业业绩数据证实AI已成为增长“赋能者”，并分析指出当前计算机软件板块的“低配”状态，在政策催化下可能迎来资金回流，驱动行业景气度持续回升。随着阿里巴巴宣布旗下AI应用“千问”开启公测，一场关于人工智能从企业端（B端）走向消费端（C端）的竞速赛正式拉开帷幕。这一标志性事件不仅点燃了资本市场对AI应用商业化的热情，也为长期处于估值与盈利双重底部的软件板块注入了强心剂，预示着行业复苏的曙光或已初现。11月16日，阿里巴巴官宣其旗舰AI应用正式由“通义”更名为“千问”，并向公众开放测试。市场的反应立竿见影，在千问APP上线消息的刺激下，周一AI应用板块集体大涨，三六零、宣亚国际等多只软件相关个股触及涨停，东方国信、蓝色光标跟涨。分析人士认为，阿里千问APP的推出，是其AI战略从重资产扩张转向高效变现阶段的体现。华西证券在一份报告中明确指出：“我们认为，伴随阿里最新季报中阿里云AI收入超预期的增长，AI产品正在逐渐成为阿里云增长的核心驱动力，‘通义’App正式完成品牌升级更名为‘千问’，软件版本从3.60.0升级至5.0.0，标志产品进入全新发展阶段。在当前时点，我们认为重点关注阿里在AI侧从to B向to C突破进展，C端AI 应用有望成为2026年重要突破方向之一。”阿里战略转向，全力押注C端超级入口“千问”APP的推出，是阿里巴巴AI战略的一次重大升级。据媒体报道，这是继AI基建和淘宝闪购之后，阿里今年宣布的又一个集团战略级项目，由CEO吴泳铭亲自拍板，意在打造一个AI原生的C端超级应用入口。此次从“通义”到“千问”的更名，更是一次精心策划的品牌统一行动，旨在将开发者社区中已颇具影响力的“Qwen”模型品牌，与面向大众的消费级产品直接关联。据华尔街见闻此前文章，有知情人士透露，阿里计划将旗下多个AI应用整合至“千问”品牌下，打造一款消费者首选的一站式应用，未来还将逐步增加代理式AI功能，以支持在淘宝等平台上的购物体验。此次公测的版本，不仅搭载了阿里性能最强的Qwen3-Max模型，还采用了极简设计，并默认开启联网搜索功能以确保信息的时效性，试图解决大模型固有的“幻觉”问题。此举标志着阿里正全面参与到与字节跳动“豆包”、腾讯“元宝”等应用的竞争中，争夺AI时代稀缺的用户注意力入口。值得注意的是，据中国基金报消息，华为即将于11月21日发布一项AI领域的突破性技术，旨在解决算力资源利用效率的难题。该技术通过软件创新，可将GPU、NPU等算力资源的利用率从行业平均的30%至40%显著提升至70%，从而大幅释放算力硬件潜能。据悉，这项技术能够实现对英伟达、昇腾及其他三方算力的统一资源管理与利用，屏蔽硬件差异，为AI训练和推理提供更高效的资源支撑。值得注意的是，华为此次的技术路线与以色列AI初创公司Run:ai存在共同性。Run:ai自2018年成立以来，一直专注于GPU调度技术，致力于打造能将AI模型拆分并行运行的平台，其核心产品是基于Kubernetes构建的软件平台，通过动态调度、池化、分片等技术优化GPU资源利用率。该公司在2024年底被英伟达以7亿美元收购，凸显了算力资源调度技术在AI产业中的战略价值。行业景气回暖，业绩超预期打消市场疑虑此前，“AI吞噬软件”论调曾一度给计算机软件板块蒙上阴影，加剧了投资者的观望情绪。然而，最新的行业财报数据正有力地驱散这一疑虑。根据国盛证券的研究报告，多家计算机领军企业在2025年第三季度的业绩表现优异，增长显著提速。报告数据显示，金山办公、海康威视、深信服、合合信息等公司，其单季度营收或归母净利润同比增长率相较二季度均有明显提升。以金山办公为例，其25Q3归母净利润同比增长高达35.42%，远超Q2的-2.83%，主要得益于AI新产品的落地推广和信创业务的加速。这表明，对于具备核心竞争力和强大执行力的公司而言，AI非但不是“吞噬者”，反而成为驱动增长的“赋能者”。机构配置处低位，政策与监管新规构成潜在催化从资金配置角度看，软件行业正处于一个有利的起点。据基金三季报重仓持股数据显示，2025Q3基金重仓持股总市值中，计算机板块占比仅为2.68%，处于近年来的相对低位，且已连续两个季度下降。与此同时，年初至今该行业的涨幅也落后于通信、电子等其他科技板块。国盛证券认为，这种“低配”状态可能迎来转机。中国证监会近期就《公开募集证券投资基金业绩比较基准指引》征求意见，旨在强化业绩基准的约束作用，限制基金投资风格的过度偏离。分析认为，该新规一旦实施，将利好计算机等当前被低配的板块，可能引导资金回流。此外，国家发改委等部门印发的《深化智慧城市发展推进全域数字化转型行动计划》以及国务院常务会议部署加快场景培育等政策利好，也为行业景气度的持续回升提供了坚实支撑。","news_type":1,"symbols_score_info":{"09988":0.6,"BABA":1.5}},"isVote":1,"tweetType":1,"viewCount":597,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}