[投资要点事件：公司发布2025 财年第四季度财报，2025Q4 实现营收393.3 亿美元，同比+78%，环比+12%；净利润220.7 亿美元，同比+72%，环比+10%；Non-GAAP 毛利率73.5%，同比减少3.2pct，环比减少1.5pct。业绩超出市场一致预期。CSP 需求维持强劲，B 系列收入超预期2025Q4 数据中心业务收入为355.8 亿美元，环比+16%，全年收入1152...
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