AI PC 将迎换机周期及商业模式升级,AI 服务器受益CSP capex 上行周期考虑到FY2025Q3 一次性递延所得税影响、以及AI PC 及AI 服务器业务盈利能力提升,我们将FY2025-2027 财年归母净利润预测由12.71/14.62/17.23 亿美元上调至16.02/17.50/21.99 亿美元,同比增速分别为58.5%/9.2%/25.7%,同时考虑了可转债20%的潜在摊薄...
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