关注 Q1 业绩有望超预期方向。我们认为，AI 核心算力硬件、存储芯片及模组、涨价方向（覆铜板、电子布、被 动元件等）、半导体材料等方向 Q1 业绩有望超预期。AI 算力硬件方面，台积电、博通、英伟达等海外大厂对 26Q1 业绩展望乐观。台积电预估 26Q1 美元营收 346-358 亿美元，按中位数测算，环比增长 4%，同比增长 38%。英伟 达指引 2026 年 2-4 月营收 780 亿美元，环比增长 14.5%，同比增长 76.9%。博通指引 2026 年 2-4 月营收 220 亿 美元，同比增长 47%。从海外 AI 产业链大厂对 26Q1 的业绩预测来看，AI 需求持续强劲，英伟达 GB300 积极拉 货，Rubin 量产在即，3 月产业链开始积极备货，研判 26Q1 AI 算力硬件同比保持快速增长。存储芯片及模组方 面，大幅涨价趋势延续，美光指引 FY26Q3（2026 年 3-5 月）营收 335±7.5 亿美元，环比增长约 40%，同比增长 约 260%，DRAM、NAND 价格持续上行。美光 FY26Q2 营收环比增长 75%，主要靠涨价趋势，位元出货量环比增长为 个位数，研判 FY26 ...

[Table_Page] 深度分析|专用设备 证券研究报告 [Table_Title] AI 珠峰系列五 CPO 渐行渐近，有望重构高效算力互连架构 [Table_Summary] 核心观点： [Table_Grade] 行业评级 买入 前次评级 买入 报告日期 2026-03-29 [Table_PicQuote] 相对市场表现 -20% -6% 8% 22% 36% 50% 03/25 05/25 08/25 10/25 01/26 03/26 专用设备 沪深300 | [分析师： Table_Author]孙柏阳 | | --- | | SAC 执证号：S0260520080002 | | 021-38003680 | | sunboyang@gf.com.cn | | 分析师： 汪家豪 | | SAC 执证号：S0260522120004 | | SFC CE No. BWR740 | | 021-38003792 | | wangjiahao@gf.com.cn | | 分析师： 王宁 | | SAC 执证号：S0260523070004 | | 021-38003627 | | shwangnin ...

博通半导体解决方案事业群总裁Charlie Kawwas表示，生成式AI的爆发式成长，需要一套开放且无 须妥协的端对端织网架构(Fabric)。从业界首款且唯一出货的102T以太网路交换器，到领先市场的 400G/lane光学DSP，博通不断创新并超越市场，透过开放标准解决最复杂的电力和频宽挑战，实现 垂直扩展、水平扩展和跨域扩展的连接。我们正按照计划蓝图成功地迈向200T的目标，并为合作伙 伴打造全球最大规模AI丛集所需的可互通、低功耗基础架构。 在OFC 2026期间，博通推出业界首款400G/lane光学DSP解决方案Taurus，并可搭配博通的400G电 吸收调变激光器(EML)与光电二极管(PD)。此一包括400G/lane光学DSP和400G EML/PD的解决方 案，能协助光学模组制造商，开发具成本效益且低功耗的1.6T收发器，更为未来支援204.8T交换平 台的3.2T光学收发器奠定坚实基础。 博通(Broadcom)近日在美国光纤通讯展期间做出一系列重要宣布。在产品面，该公司发表多款针对 吉瓦级(Gigawatt-scale)AI丛集所设计的开放、可扩展且高效能AI基础架构组合，包括3.5D ...

A lot has happened for Broadcom ( AVGO ) since I last rated it a Buy back in early September 2025 and I want to revisit my thesis as to see if the company can still lead the chargeAs a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil&Gas and consumer goods. Basically, anything that has been unloved for u ...

A lot has happened for Broadcom ( AVGO ) since I last rated it a Buy back in early September 2025 and I want to revisit my thesis as to see if the company can still lead the chargeAs a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil&Gas and consumer goods. Basically, anything that has been unloved for u ...

Broadcom Inc. (NASDAQ:AVGO) is one of the 10 High Growth Mega Cap Stocks to Buy and Hold for Next 10 Years. On March 24, Broadcom Inc. (NASDAQ:AVGO) and Carahsoft Technology Corp. announced that they had secured a five-year, $970M blanket purchase agreement from the Defense Information Systems Agency. The deal marks an expansion of AVGO’s role in U.S. defense technology. The agreement is designed to streamline and consolidate software contracts across multiple Department of Defense agencies, including the ...

Broadcom (NASDAQ: AVGO) is proving to be one of the biggest beneficiaries of the artificial intelligence (AI) revolution. Yet the scale of its opportunity may still be underappreciated, especially as AI spending is shifting from experimentation to real-time deployments. Image source: Getty Images. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Con ...

Investing in artificial intelligence (AI) has been the backbone of the stock market during the past few years, and several exciting investment opportunities have emerged. I think there are several AI stocks that are worth buying right now, although there are likely many more available.These are my top-10 AI stocks to buy right now, and I think that these make for an excellent starting point for anyone looking to get going in AI investing. NvidiaNvidia (NVDA 2.17%) has been the top AI stock pick for a long t ...

Not every investor is interested in technology stocks. The sector can be prone to boom-and-bust cycles, and the enthusiasm for certain technologies (ahem, virtual reality) doesn't always translate into wins for investors.But about 32% of the S&P 500 are tech stocks, and much of the gains the market makes come from this sector. That should be enough to convince you that holding at least a handful of tech stocks for the long term is a smart move. Here are three you should consider buying now. Broadcom's niche ...

Broadcom ( AVGO ) builds Serializer/Deserializer (“SerDes”) into the chips they co-design with customers, enabling high-speed connections between them within AI clusters. The analog circuits in the SerDes receiver do the preliminary work of amplifying and shaping the degraded signal before handing it offI'm an individual investor heavily influenced by Warren Buffett and Charlie Munger. Munger's 1994 USC Business School Speech is something I think about a lot: "Over the long term, it's hard for a stock to ea ...