第一财经·2025-10-29 05:58Core Viewpoint - The article highlights the strong demand for AI and its impact on the supply chain, particularly focusing on companies like Industrial Fulian and Jingwang Electronics, which are benefiting from the growth in AI infrastructure and related investments [3][4]. Group 1: Nvidia's Announcements - Nvidia's CEO Jensen Huang announced investments in Nokia and confirmed that the Blackwell chip is in full production, with revenue from Blackwell and the upcoming Rubin architecture expected to exceed $500 billion in 2025 and 2026 [3]. - Huang emphasized the robust demand for AI, stating that as more users adopt AI, the profitability of AI increases, necessitating comprehensive and collaborative computing infrastructure [3]. Group 2: Company Performance - Industrial Fulian reported a revenue of 360.76 billion yuan for the first half of 2025, a year-on-year increase of 35.58%, and a net profit of 12.11 billion yuan, up 38.61% [4]. - The company noted that its AI server revenue grew over 60% year-on-year in Q2, driven by increased capital expenditure from cloud service providers and a higher proportion of investment in AI infrastructure [4]. Group 3: Jingwang Electronics' Developments - Jingwang Electronics achieved a revenue of 7.095 billion yuan in the first half of 2025, a year-on-year increase of 20.93%, while its net profit decreased slightly by 1.06% to 650 million yuan [5]. - The company is facing pressure on its gross margin due to fluctuating metal material prices and strategic investments in high-end capacity, but it is seeing improvements in gross margin levels quarterly [5]. - Jingwang Electronics announced a 5 billion yuan investment in Zhuhai Jinwan to enhance high-end production capacity and address bottlenecks in its manufacturing processes [5].