招财日报2025.2.24 半导体、中国医药/网易云音乐、AIA、联影医疗点评

招银国际
24 Feb

行业点评半导体 - 主题投资与大趋势:阿里巴巴宣布增加资本支出,利好国内AI基础设施供应商阿里巴巴发布2025财年三季度财报,并宣布未来三年的资本支出将大幅上升,预计总额将超越公司过去十年累计资本支出,根据我们的计算,预计2026-2028年间每年将达到约人民币1200亿元。我们认为,中国的云厂商正加快在算力基础设施上的资本支出,以追赶海外云服务提供商(如亚马逊、Meta、微软和谷歌)的投资步伐。...

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