中芯国际 (981 HK; 57.2港元;目标价:67港元) 从 DeepSeek 趋势再看中芯国际投资价值DeepSeek 的成功代表国产大模型的突围,而 Deepseek 后续成长仍需产业链协同发展(主要制约因素仍是算力),DeepSeek 的开源生态可以更好支持硬件厂商适配,例如可以对 MLA 算子优化提升推理效率。在此背景下中芯国际先进制程产能作为国产算力根基,其战略价值进一步凸显。此外,...
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