摩尔投研精选·2025-10-28 10:19Group 1 - The article discusses the importance of building a modern infrastructure system, emphasizing the need for integrated planning and sustainable operations [1] - It highlights the necessity of advancing new infrastructure, particularly in information communication networks and major technological facilities [1] - The article also mentions the enhancement of transportation systems and energy infrastructure to ensure resilience and coverage in weak areas [1] Group 2 - The concept of "Supernode" is introduced as a new generation of computing infrastructure, with leading companies like NVIDIA and Huawei launching their own Supernode products [2] - Supernodes are designed to support parallel computing tasks and accelerate data exchange between GPUs, significantly reducing training cycles for large models [4] - The article notes that the shift to Supernodes increases power consumption and communication complexity, leading to investment opportunities in related sectors such as AI chip manufacturers and server producers [4] Group 3 - The article identifies key companies involved in the Supernode ecosystem, including domestic AI chip leaders and high-end CPU manufacturers [4][5] - It emphasizes the potential for growth in companies producing Supernode servers and those providing supporting technologies like PCB and liquid cooling solutions [4]