格隆汇8月20日｜A股市场半导体板块走强，其中，芯原股份涨近16%，艾为电子涨13%，盛科通信、成 都华微涨超8%，南芯科技涨超7%，寒武纪涨超5%，华海诚科、龙迅股份、润欣科技、航宇微涨超 4%，伟测科技涨超3%。 MACD金叉信号形成，这些股涨势不错！ | 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 688521 | 芯原股份 | # | 15.86 | 775亿 | 181.27 | | 688798 | 艾为电子 | 张 | 13.02 | 214亿 | 32.40 | | 688702 | 盛科通信-し | | 8.76 | 412亿 | 19.76 | | 688709 | 成都华微 | | 8.35 | 247亿 | 25.73 | | 688484 | 南芯科技 | | 7.99 | 211亿 | 38.41 | | 688256 | 寒武纪-U | 1 | 5.61 | 4126亿 | 49.90 | | 600360 | *ST华微 | 1 | 4.97 | 95.26 Z | 11 ...

Core Viewpoint - The global AI server market is expected to grow at a compound annual growth rate (CAGR) of approximately 27.2% from 2022 to 2029, with significant market size projections for 2025 and 2027 [1][4]. Market Dynamics - The shift in performance bottlenecks in the inference era is moving from "computing power" to "transport capacity," necessitating a transition from Scale-Out to Scale-Up network architectures to reduce communication latency and enhance throughput [1][2]. - The internal switch chips in AI servers can be categorized into CPU-GPU connections and GPU-GPU interconnections, which are crucial for high bandwidth and low latency communication within GPU clusters [2]. Competitive Landscape - The AI inference market is diversifying with various acceleration chips, moving away from NVIDIA's dominance, as open standards like PCIe6/7 and UALink create opportunities for third-party interconnect vendors [3]. - Astera Lab is emerging as a key player in the non-NVIDIA ecosystem, actively participating in AMD's UALink and AWS's Trainium NeuronLink, positioning itself for growth alongside AI infrastructure expansion [3]. Market Size Projections - The AI server market is projected to reach approximately 49.139 billion yuan by 2025 and expand to about 102.223 billion yuan by 2027, driven by increasing demand for GPU interconnect switches and CPU-GPU interconnect switches [4]. Investment Recommendations - Companies such as 盛科通信-U (688702.SH) and 海光信息 (688041.SH) are highlighted for their advancements in high-spec Ethernet switch chips and Chiplet interconnect technologies, respectively, with 澜起科技 (688008.SH) also recommended for its PCIe and CXL products [5].

Investment Rating - The report maintains an "Overweight" rating for the electronic industry [1] Core Insights - The AI Scale-Up trend is expected to create a market space worth hundreds of billions for switch chips by 2025 [1] - Key companies recommended for investment include Shengke Communication and Haiguang Information, with a suggestion to pay attention to Lankai Technology [2] Industry Trends - The report highlights a shift in the industry from "computing power" to "operational power" in the inference era, emphasizing the need for lower latency and higher bandwidth through Scale-Up networks [5] - The AI server market is projected to grow significantly, with a compound annual growth rate of approximately 27.2% from 2022 to 2029, leading to a doubling of the switch chip market size from 2025 to 2027 [5][11] - The estimated market size for switch chips is projected to reach approximately 49.139 billion yuan in 2025 and expand to about 102.223 billion yuan by 2027 [5][11] Company Summaries - Shengke Communication is advancing high-spec Ethernet switch chips with a maximum port rate of 800G and a switching capacity of 12.8T/25.6T, with small-scale deliveries expected in 2024 [5] - Haiguang Information is engaged in advanced packaging and high-bandwidth, low-latency Chiplet interconnect research, covering PCIe and CXL support [5] - Lankai Technology has released PCIe 6.x/CXL 3.x Retimer and has already sent samples to customers, with previous versions already in mass production [5] Valuation of Key Companies - Shengke Communication has a total market value of 38.548 billion yuan, with a closing price of 94.02 yuan and an EPS forecast of -0.07 for 2025 [6] - Haiguang Information has a total market value of 354.717 billion yuan, with a closing price of 152.61 yuan and an EPS forecast of 1.23 for 2025 [6]

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 重要内容提示： (会议召开时间：2025年8月28日（星期四）10:00-11:00 (会议召开地点：上海证券交易所上证路演中心 （网址：https://roadshow.sseinfo.com/） (会议召开方式：上证路演中心网络互动 (投资者可于2025年8月21日（星期四）至8月27日（星期三）16:00前登录上证路演中心网站首页点 击"提问预征集"栏目或通过公司邮箱ir@centec.com进行提问。公司将在说明会上对投资者普遍关注的问 题进行回答。 苏州盛科通信股份有限公司（以下简称"公司"）计划于2025年8月25日发布公司《2025年半年度报告》 及其摘要，为便于广大投资者更全面深入地了解公司2025年上半年度经营成果、财务状况，公司计划于 2025年8月28日（星期四）10:00-11:00举行2025年半年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次业绩说明会以网络互动形式召开，公司将针对 ...

Core Points - The company, Suzhou Shengke Communication Co., Ltd., will hold a half-year performance briefing on August 28, 2025, from 10:00 to 11:00 [1][2] - The briefing will be conducted in an interactive online format via the Shanghai Stock Exchange Roadshow Center [2][3] - Investors can submit questions from August 21 to August 27, 2025, and the company will address commonly asked questions during the briefing [2][3] Meeting Details - Meeting Date and Time: August 28, 2025, from 10:00 to 11:00 [1][2] - Meeting Location: Shanghai Stock Exchange Roadshow Center (website: https://roadshow.sseinfo.com/) [1][2] - Participants include the Chairman, General Manager, Independent Directors, and Investor Relations personnel [2] Investor Participation - Investors can participate online on the day of the briefing through the Shanghai Stock Exchange Roadshow Center [2][3] - Questions can be submitted via the Roadshow Center or through the company's email (ir@centec.com) [3]

证券代码：688702 证券简称：盛科通信 公告编号：2025-017 苏州盛科通信股份有限公司 关于召开 2025 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： （网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 8 月 21 日（星期四）至 8 月 27 日（星期三）16:00 前登 录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 ir@centec.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 苏州盛科通信股份有限公司（以下简称"公司"）计划于 2025 年 8 月 25 日发布公司《2025 年半年度报告》及其摘要，为便于广大投资者更全面深入地 了解公司 2025 年上半年度经营成果、财务状况，公司计划于 2025 年 8 月 28 日 （星期四）10:00-11:00 举行 2025 年半年度业绩说明会 ...

截至2025年8月15日 13:05，上证科创板芯片指数强势上涨1.02%，成分股东芯股份上涨13.53%，盛科通信上涨13.49%，芯动联科上涨3.98%，澜起科技、南 芯科技等个股跟涨。科创芯片ETF(588200)上涨1.28%， 冲击5连涨。 截至8月14日，科创芯片ETF近1年净值上涨85.20%，排名可比基金第一，指数股票型基金排名86/2961，居于前2.90%。从收益能力看，截至2025年8月14 日，科创芯片ETF自成立以来，最高单月回报为25.18%，最长连涨月数为4个月，最长连涨涨幅为36.01%，上涨月份平均收益率为8.19%。 东海证券认为，AI领域投资强度仍未放缓，体现长期增长潜力。短期看，由于美国在先进制程、AI芯片等领域具备技术优势，国产芯片短期难以完全替 代，或致使产能爬坡延迟、终端产品涨价、企业盈利水平承压，长期看有望加速国内半导体国产化替代进程，加快本土半导体供应链建设，形成新的国际合 作关系，重塑全球半导体供应链格局。 爱建证券认为，本次AI带动的半导体产业大爆发不同于以往的智能终端周期和供需周期，而是一次不亚于工业革命级别的产业大爆发。未来，半导体工艺 将沿着密度提升 ...

Group 1 - The semiconductor stocks in the A-share market have shown strong performance, with notable increases in share prices for several companies [1] - Shengke Communication saw a rise of nearly 16%, while Dongxin Co. increased by over 13% [1] - Other companies such as Jingfeng Mingyuan, Jiewate, Debang Technology, Ashi Chuang, and Hongwei Technology also experienced gains of over 5% [1] Group 2 - The following table summarizes the performance of key semiconductor stocks, including their percentage increase, total market capitalization, and year-to-date growth [2] - Shengke Communication: 15.95% increase, market cap of 38.5 billion, YTD growth of 11.90% - Dongxin Co.: 13.67% increase, market cap of 46.9 billion, YTD growth of 325.70% - Jingfeng Mingyuan: 8.55% increase, market cap of 8.716 billion, YTD growth of 11.75% - Jiewate: 6.73% increase, market cap of 14.1 billion, YTD growth of 3.17% - Debang Technology: 5.74% increase, market cap of 6.862 billion, YTD growth of 32.15% - Ashi Chuang: 5.31% increase, market cap of 7.413 billion, YTD growth of 101.16% - Hongwei Technology: 5.11% increase, market cap of 6.088 billion, YTD growth of 65.34% [2]

| 代码 | 名称 | 9 | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 688702 | 部科通信-し | | 15.95 | 385亿 | 11.90 | | 688110 | 东芯般份 | 重 | 13.67 | 469亿 | 325.70 | | 688368 | 晶丰明源 | 1 | 8.55 | 87.16亿 | 11.75 | | 688141 | 杰华特 | 1 | 6.73 | 141亿 | 3.17 | | 688035 | 德邦科技 | | 5.74 | 68.62亿 | 32.15 | | 300706 | 阿石创 | 策 | 5.31 | 74.13亿 | 101.16 | | 688711 | 宏微科技 | | 5.11 | 60.88.09 | 65.34 | | 002049 | 紫光国微 | 1 | 4.99 | 656亿 | 20.39 | | 688484 | 南芯科技 | | 4.70 | 199亿 | 30.52 | | 688582 | 芯动联科 | | 4.56 | 282亿 | ...

（文章来源：每日经济新闻） 每经AI快讯，8月15日，半导体芯片股震荡走高，盛科通信午后涨超15%，东芯股份涨超10%，冠石科 技此前涨停，晶丰明源、赛微电子、和林微纳、阿石创等涨幅居前。 ...