Investment Rating - The report does not explicitly state an investment rating for the semiconductor industry Core Insights - AI computing chips are considered the "engine of the AI era," with significant growth in global computing demand driven by the ChatGPT trend and the acceleration of AI model iterations [6][12] - The global computing scale is expected to grow from 1397 EFLOPS in 2023 to 16 ZFLOPS by 2030, with a compound annual growth rate (CAGR) of 50% from 2023 to 2030 [25][28] - The AI computing chip market is dominated by GPUs, with a rapid growth in the custom ASIC chip market anticipated due to the increasing demand for AI computing [6][42] Summary by Sections 1. AI Computing Chips as the "Engine of the AI Era" - The ChatGPT trend has led to a surge in global tech companies accelerating their AI model development, with major players like Google, Meta, and Alibaba launching and iterating on AI models [6][12] - The demand for AI servers, which are essential for generative AI applications, is expected to drive significant growth in the AI server market, projected to reach $158.7 billion by 2025 [29] 2. Dominance of GPUs and Growth of Custom ASIC Market - AI computing chips are primarily used in cloud, edge, and terminal applications, with GPUs currently being the mainstream choice [6][42] - NVIDIA holds a dominant position in the global GPU market, with over 95% market share in AI server acceleration chips [42] - The custom ASIC chip market is expected to grow rapidly, with a projected CAGR of 45% from 2023 to 2028, driven by the need for diversified supply chains and enhanced bargaining power among cloud vendors [6][42] 3. DeepSeek's Role in Accelerating Domestic AI Computing Chip Development - DeepSeek's technological innovations are expected to enhance the efficiency of domestic AI computing chips, facilitating their rapid development and increasing market share [6][7] 4. Development of AI Computing Chip Industry in Henan Province - Henan Province is focusing on building a robust AI computing chip industry, establishing a core hub for computing resource scheduling and attracting upstream chip enterprises [9][10]
半导体:AI算力芯片是“AI时代的引擎”,河南省着力布局