可以开麦再试一下声音喂喂喂可以吗对你可以好的好的不好意思各位同志们大家晚上好我是国内通讯组的张宁诗佳光子相信经过今天这几天这个蹦比较大经过市场的反馈大家也看到了这个标的我们也是给大家在这个时间点吧系统的汇报一下一下公司 我们的深度报告起了名字,叫硅工时代芯片及工程系列平台这是我们深度思考过的一个想过的一个结果也体现了我们一贯的研究思路为什么叫硅工时代我们看到在2024年的时候大家比较确认的就是市场上最主流的公司在1.6T的时代1.4光波的时代可能在最早的交付 而且在很多近期的市场观点也看到2025年6.141万亿的降盟汇光的方案也是最主要的抓手之一这个呢而且汇光的非常多的技术包括固有PSA啊CNN光源啊等等的那些器件都是和未来的CPU技术是一脉相承的这个趋势是非常确定的而且这个信号在2024年应该是释放的比较充分所以我们在那个时候必须想如果是在2025年随着1.67的固有规模化的灾祸 特别是在最后以后运行一段时间我们看到如果1.0T的规划规模块和200G EMR2方案的1.0T规模块在运行的美利均性上跟方面没有太大差距的话那么我们想随着时间的推移那么辉光规模块就只剩下了一些优势第一个成本第二就是它的将来的这个 ...

Key Points - **Industry/Company Involved**:释迦光子三级报 (Company) - **Core Views and Arguments**: The company has showcased impressive performance with significant changes in gross margin and profit [1]. - **Other Important Content**: N/A

Industry Investment Rating - The report does not explicitly provide an overall investment rating for the quantum computing industry [1][2][3] Core Views - The global quantum computing industry has made significant progress in technology, products, industrial applications, and financing in the first half of 2024, showing great development potential [8] - Quantum chip technology has diversified, with breakthroughs in neutral atom routes, such as the California Institute of Technology trapping over 6,100 neutral atoms with a coherence time of 12.6 seconds [8] - Quantum computing cloud platforms are maturing, with companies continuously adding new features, tools, and services to lower the threshold and cost of using quantum computing [10] - Despite the progress, quantum computing industry financing activities have not returned to previous levels due to the global economic situation and intense international competition [3] Industry Progress Overview - Quantum chip technology has seen advancements in multiple routes, including superconducting, ion trap, photon, and neutral atom, with neutral atom technology achieving significant breakthroughs [8] - Control systems are developing towards low temperature, precision, and integration, with companies like Bluefors and Intel introducing new products [8] - Dilution refrigerators are crucial in quantum computing, with Chinese companies making significant progress in domestic alternatives, breaking the monopoly of European and American companies [15] - Quantum computing cloud platforms are integrating with supercomputers, such as the Q-Exa alliance integrating a 20-qubit quantum computer into Germany's SuperMUC-NG supercomputer [10] - Downstream applications of quantum computing are expanding into defense, finance, and medicine, with potential value in areas like cryptography and drug development [10] Upstream Progress - Dilution refrigerators are a key focus, with European and American companies iterating products and Chinese companies accelerating commercialization [15] - Quantum control systems are advancing in low temperature, precision, and integration, with breakthroughs in laser processing and microwave readout modules [17][18] - Quantum chip technology is improving in process optimization, photonic integration, and packaging, with companies like Intel and Keysight making significant contributions [19][20] Midstream Hardware Progress - Superconducting quantum computing has seen progress in new structures and processes, with companies like Terra Quantum and Zhejiang University achieving breakthroughs [23][24] - Ion trap quantum computing focuses on increasing qubit numbers, with Quantinuum and Tsinghua University making significant advancements [25][26] - Neutral atom quantum computing has shown rapid development, with breakthroughs in qubit numbers and coherence times, such as the California Institute of Technology's achievement [27][28] - Photonic quantum computing has advantages in coherence and scalability, with progress in quantum error correction and qubit control [29][30] - Semiconductor quantum computing is progressing in architecture design and protocol development, with companies like Intel and Diraq making advancements [31][32] - Diamond color center quantum computing is still in the early stages, with progress in qubit expansion and coherence time [33][34] - New quantum computing schemes are emerging, such as bilayer graphene as a quantum computing platform, offering new possibilities [35][36] Midstream Software Progress - Quantum algorithms based on variational, hybrid, probabilistic, amplitude estimation, and machine learning methods are improving efficiency and performance [38][39] - Error correction, mitigation, and suppression techniques are advancing, with companies like IBM and Quantinuum making significant contributions [41][42][43] - The trade-off between fault tolerance and execution efficiency remains a challenge, with ongoing research to improve quantum computing accuracy and reliability [44] Cloud Platform Progress - Quantum cloud platforms are making progress in hybrid computing power and application cooperation, with companies integrating quantum computers into supercomputing clusters [61][62] - Companies are continuously adding new features, tools, and services to improve user experience and lower the threshold for using quantum computing [61][62] Downstream Application Cooperation - Quantum computing applications are expanding into defense, education, finance, medicine, chemical materials, energy, and artificial intelligence [64] - Early-stage exploration is the focus, with education and training being the most active area, followed by defense and finance [64] - Industry collaborations are leveraging quantum computing to solve complex problems and optimize business processes, driving the application of quantum computing technology [68] Investment and Financing - Global quantum computing investment has slowed, with a negative growth rate in the first half of 2024, reflecting cautious investor sentiment [70][71] - Investment focus is shifting from hardware to software, with more funding going to quantum software companies [75][76] - The Americas lead in hardware investment, while Asia, Europe, and Australia also focus on hardware due to technological and policy considerations [76] Policy - National quantum policies are increasing, with China and the US showing the strongest support for quantum technology [78][79] - Policies are guiding the optimization and upgrading of the industry structure, with countries like the US, Canada, and the UK making significant commitments [78][79]

Industry Overview - The PQC (Post-Quantum Cryptography) market is in its early growth stage, with an estimated market size of $100 million in 2023, and is projected to reach $8.6 billion by 2030, with a CAGR of 89% [65] - The fastest-growing sectors are public utilities (130x growth) and healthcare (94x growth) by 2030, with healthcare, energy & industrial, and financial services being the largest sectors, each accounting for 20%, 18%, and 13% of the market respectively [65] - The PQC industry is expected to experience rapid growth due to increasing demand for quantum-resistant encryption solutions across various sectors, driven by the potential threat of quantum computing to existing cryptographic systems [65] Key Players and Companies - Major tech companies like IBM, Microsoft, Google, and QuSecure are actively developing PQC solutions, with Google already implementing PQC algorithms in its Chrome browser [31][62] - Companies such as QuSecure, SandboxAQ, and WISeKey are leading in providing PQC solutions for government and military applications, with QuSecure securing contracts with the US Air Force and Army [56][57] - Startups like QRCrypto, Crypto Quantique, and Cryptonext Security have raised funding in 2023, indicating growing investor interest in the PQC sector [45][46] Government and Military Applications - The US government is actively adopting PQC solutions, with QuSecure providing encryption services for the US Air Force, Space Force, and NORAD [56] - France's investment in PQC includes a contract with HENSOLDT to develop quantum-resistant technologies under the national quantum strategy [56][57] - The US Department of Defense and DISA (Defense Information Systems Agency) are collaborating with private companies like SandboxAQ to implement end-to-end PQC management solutions [57] Financial Sector - HSBC is pioneering PQC adoption in the financial sector, partnering with Quantinuum to integrate quantum-resistant encryption into its systems [59] - Singapore's Monetary Authority (MAS) has issued guidelines urging financial institutions to prepare for quantum threats by integrating PQC and QKD (Quantum Key Distribution) technologies [59] - Quantum Resistant Ledger (QRL) has launched a blockchain platform using NIST-recommended PQC algorithms, offering enhanced security against quantum attacks [59] Communication and Technology - QuSecure has successfully demonstrated quantum-resistant satellite communication, marking a milestone in secure data transmission using PQC [61] - Google has integrated PQC into Chrome (version 116) using the X25519Kyber768 hybrid algorithm, combining classical and post-quantum encryption for enhanced security [62] - Apple has upgraded its iMessage platform with PQ3, a hybrid encryption protocol combining ECC (Elliptic Curve Cryptography) and PQC algorithms, set to replace existing protocols by 2024 [62][63] Research and Development - The UAE's Technology Innovation Institute has launched CryptographicEstimators, an open-source software library for evaluating PQC algorithm security, though it remains in early stages [69] - NIST is leading global PQC standardization efforts, with the first set of PQC algorithms (CRYSTALS-Kyber, CRYSTALS-Dilithium, and SPHINCS+) expected to be finalized by 2024 [70] - Companies like IBM and QuSecure are developing quantum-safe roadmaps and tools to facilitate the transition to PQC for enterprises and governments [48][71] Future Trends - Hybrid encryption systems combining classical and PQC algorithms are emerging as a dominant trend, ensuring compatibility with existing systems while providing quantum-resistant security [68] - Quantum computing companies like IBM and China's Turing Quantum are expanding into the PQC space, developing quantum-resistant encryption chips and solutions [72] - The PQC industry is poised for significant growth, driven by standardization efforts, government policies, and increasing awareness of quantum threats, with more companies expected to enter the market in the coming years [73]