英伟达新高下，AI服务器业“卖身”求生与算力“价格崩塌”

Core Insights - Nvidia's stock price has reached a historic high, indicating strong market confidence in AI technologies and the need for increased computational power for inference tasks [1] - The AI server industry is experiencing significant changes, with companies like JMT planning major asset restructurings to enhance their computational capabilities [3] Industry Developments - JMT announced plans to acquire control of Sytong Helix, which may constitute a major asset restructuring aimed at expanding its computational business [3] - Huibo Yuntong disclosed plans to acquire 67.91% of Baode Computer and raise supporting funds, reflecting ongoing consolidation in the AI server market [3] - There are mixed opinions on the acquisitions, with some industry players viewing them as survival strategies while others see them as attempts to boost stock prices [3] Market Dynamics - The increasing technical barriers in AI chip technology are reducing the bargaining power and choices for AI server manufacturers, leading to a potential decrease in the number of global AI server firms [3] - A model manufacturer noted that the A series cards have seen the largest price drops due to the emergence of new series, narrowing their use cases and decreasing their value [3] - The AI application market is characterized by high customer concentration and strong downstream bargaining power, which is expected to drive prices down [4] Stock Market Reactions - Despite some industry experts suggesting that the "golden period" for AI may be over, Nvidia's stock performance has positively influenced related sectors, with companies like Shenghong Technology and Xinyisheng reaching historic highs [4]