金吾财讯 | 摩根士丹利发研报指，11月，前五大原始设计制造商（ODM）的笔记本电脑（NB）出货量与该行的估计一致，为1030万台，环比增长2%，同比下降3.8%。该行维持对2024年第四季度NB出货量的估计为3120万台，即环比下降8%，同比增长3%。该行指，纬创、仁宝、英业达的11月出货量符预期，而广达的出货量比该行的预测高出3%，和硕的出货量则比该行的预测低7%。至于2025年第一季度，预计笔记本电脑出货量为2870万台，环比下降8%，同比持平。该行认为，由于第三季度和第四季度连续两个季度的出货量低于季节性水平，加上2025年第一季度将推出更多主流的x86架构AI PC型号，价格点更低，以及潜在关税前的紧急订单，因此料第一季度的出货量可能会高于历史季节性水平。
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