当下，AI已进入落地应用的加速期，从云端训练、边缘推理到工业控制、智能终端等多元场景都在加速渗透。与之相伴的是，不同AI场景对算力、功耗 及灵活性的需求差异愈发明显。 其中，伴随越来越多的智能设备在边缘侧部署、万物互联加速实现，边缘AI正迎来规模化爆发的关键阶段，作为终端实现本地智能运行与实时决策的核 心支撑，其产业价值日益凸显。 在此背景下，AMD正在不断丰富自适应与嵌入式计算产品组合，基于卓越的性能、灵活的适配能力与极致功耗优化的技术产品优势，为各行各业提供精 准匹配场景需求的差异化价值。 自三年多前收购赛灵思至今，AMD已经构建起包含CPU、GPU、FPGA及自适应SoC的完整产品组合，持续推动围绕着高性能和自适应计算的技术创新， 以独特优势引领下一波智能互联系统发展的浪潮。 这一节点，智东西/芯东西总编辑张国仁在「见智」栏目中独家对话了AMD大中华区嵌入式业务销售高级总监酆毅，聚焦AMD以FPGA为基石拓展的自适 应和嵌入式计算平台，深入探讨AMD正如何与中国客户及生态伙伴携手推进边缘智能的发展，让前沿技术真正的落地生根，共创共赢。 智东西高端访谈栏目「见智」旨在对话全球科技行业头部企业领军人物，探讨 ...

[Table_Invest] 本报告导读： 2025Q3 归母净利润同环比实现高增，积极开拓海外市场，继续推进全线产品出海， 重点布局东南亚、中东等区域。 Q3 净利同环比实现高增，继续推进出海 网宿科技(300017) 网宿科技 2025 年三季报点评 股票研究 /[Table_Date] 2025.11.26 计算机 [Table_Industry] /信息科技 投资要点： | [Table_Finance] 财务摘要(百万元) | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入 | 4,705 | 4,932 | 4,826 | 4,875 | 5,170 | | (+/-)% | -7.4% | 4.8% | -2.1% | 1.0% | 6.0% | | 净利润(归母) | 613 | 675 | 821 | 709 | 744 | | (+/-)% | 221.7% | 10.0% | 21.7% | -13.7% | 5.0% | | 每股净收益(元) | 0.25 | 0 ...

Core Insights - Intel showcased its latest edge AI products and solutions based on the Intel® Core Ultra platform at the 2025 Intel Industry Solutions Conference, highlighting advancements in edge computing and AI capabilities [2] - The company emphasizes the importance of edge computing in providing new opportunities for AI development, leveraging its x86 ecosystem and AI PC leadership to deliver cost-effective edge computing solutions [2][3] - Intel's Core Ultra 200H series processors can deliver 99 TOPS of AI computing power while reducing the need for discrete graphics cards, thus optimizing system power consumption and thermal design [3] Group 1 - The rapid development of edge AI and embodied intelligence technologies is driving a new wave in the robotics market, with innovations such as collaborative robots and autonomous mobile robots becoming more prevalent [4] - Intel's third-generation Core Ultra processors, based on the Intel 18A process, will achieve significant improvements in AI processing and edge-specific functionalities, offering nearly 180 TOPS of AI computing power [4] - The introduction of a new robotics AI software suite and reference motherboard aims to facilitate early development of physical AI solutions, helping customers innovate quickly and reduce development barriers [4][5] Group 2 - Intel is committed to accelerating the development of edge AI by collaborating closely with ecosystem partners, providing AI edge systems to OEMs and ODMs, and offering edge AI kits to ISVs and system integrators [5] - The company has certified over 40 edge AI systems and is focused on creating a more intelligent, efficient, and interconnected future through collaboration across the entire value chain [5]

当前，英特尔酷睿Ultra 200H系列处理器在相同功耗和尺寸限制下，可实现99 TOPS的AI算力，将AI工 作负载整合至单颗芯片，有助于降低对独立显卡的依赖，从而优化系统功耗与散热设计。 面向机器人领域，第三代酷睿Ultra处理器基于Intel 18A制程，预计将AI算力提升至近180 TOPS，并增 强实时控制与环境适应能力。该处理器采用混合CPU架构，在AI计算性能上较前代提升约1.8倍，同时 原生支持时序协调运算（TCC）与时间敏感网络（TSN），适用于工厂、物流及具身智能等高要求场 景。 为进一步加速物理AI解决方案的早期开发，英特尔同期发布了机器人AI软件套件与参考主板，支持 ROS 2标准、视觉语言模型及多任务并行处理，帮助开发者在单一CPU平台上集成控制与AI功能。 凤凰网科技讯 11月20日，在2025英特尔行业解决方案大会上，英特尔集中展示了其基于酷睿 Ultra平台 的新一代边缘AI产品与解决方案，并预告了面向边缘场景的第三代酷睿 Ultra处理器，该产品计划为具 身智能及机器人应用提供更强算力支持。 英特尔副总裁兼中国区软件工程和客户端产品事业部总经理高嵩指出，边缘计算因其丰富的应用 ...

| [編纂]項下的[編纂]數目 : [編纂]股H股(視乎[編纂]行使與否 | | | --- | --- | | 加定) | | | 香港[編纂]數目 : | [编纂]股H股(可予[编纂]) | | 國際[編纂]數目 | : [编纂]股H股(可予编纂]及視乎 | | [编纂]行使與否而定) | | | 最高 编纂] : | 每股H股[編纂]港元,另加1.0%經紀佣金、 | | | 0.0027%證監會交易徵費、0.00565%聯交所 | | | 交易費及0.00015%會財局交易徵費(須於 | | | 申請時以港元繳足,多繳股款可予退還) | | 面值 : | 每股H股人民幣1.00元 | | [编纂] : [编纂] | | | 聯席保薦人、[編纂] | | | 「红鼠（ | | 据港交所11月18日披露，苏州东山精密（002384）制造股份有限公司(简称：东山精密，002384.SZ)递表港交所主板，瑞银集团、海通国际、广发证券 和中信证券为其联席保荐人。根据灼识咨询的资料，东山精密是全球第一大边缘AI设备PCB供应商，产品主要应用于智能手机、个人计算机、汽车、工 业与物联网设备，并正迅速将能力扩展至数据中 ...

智通财经APP获悉，据港交所11月18日披露，苏州东山精密制造股份有限公司(简称：东山精密，002384.SZ)递表港交所主板，瑞银集团、海通国际、广 发证券和中信证券为其联席保荐人。根据灼识咨询的资料，东山精密是全球第一大边缘AI设备PCB供应商，产品主要应用于智能手机、个人计算机、汽 车、工业与物联网设备，并正迅速将能力扩展至数据中心终端市场。 招股书显示，东山精密是一家专注于智能制造领域、具备全球化视野与布局的创新驱动型公司。自成立以来，东山精密在核心产品领域建立了领先的市 场地位。根据灼识咨询的资料，以2024年收入计，公司是全球第一大边缘AI设备PCB供应商、全球第二大软板供应商和全球前三大PCB供应商。 | [編纂]項下的[編纂]數目 : [編纂]股H股(視乎[編纂]行使與否 | | | --- | --- | | 面定) | | | 香港[编纂]數目 | [编纂]股H股(可予[编纂]) | | 國際[編纂]數目 .. | [编纂]股H股(可予[编纂]及視乎 | | [编纂]行使與否而定) | | | 最高编纂] : | 每股H股[編纂]港元,另加1.0%經紀佣金、 | | | 0.0027%證監 ...

Core Insights - Dongshan Precision Manufacturing Co., Ltd. has submitted an application to list on the Hong Kong Stock Exchange, with UBS Group, Haitong International, GF Securities, and CITIC Securities acting as joint sponsors [1] - The company specializes in intelligent manufacturing and has a global perspective, focusing on the design, production, and sales of PCB, precision components, touch panels, LCD modules, and optical modules [1] - According to Zhi Shi Consulting, Dongshan Precision is the largest PCB supplier for edge AI devices globally, the second-largest supplier of flexible printed circuit boards, and ranks among the top three PCB suppliers worldwide based on projected revenue for 2024 [1]

Core Insights - STMicroelectronics has launched the STM32V8, the first 18nm microcontroller designed for high-performance industrial applications, featuring advanced embedded phase-change memory [2][9] - The STM32V8 is the fastest STM32 microcontroller to date, capable of clock speeds up to 800 MHz, and is aimed at replacing larger, power-hungry application processors [3][4] - The microcontroller is selected by SpaceX for its Starlink constellation, highlighting its suitability for high-radiation environments like Low Earth Orbit [5][6] Product Features - The STM32V8 utilizes Arm® Cortex®-M85 core technology, achieving high energy efficiency and robustness, with a maximum junction temperature of 140°C [8] - It incorporates 4MB of embedded non-volatile memory (NVM) and advanced security features, targeting PSA Certified Level 3 compliance [9][10] - The MCU supports a variety of interfaces including 1Gb Ethernet, and is designed for both bare-metal and RTOS-based development [11] Market Positioning - The STM32V8 is positioned for demanding applications such as industrial control, sensor fusion, and robotics, with early-stage access for selected customers and broader availability expected in Q1 2026 [7][9] - The microcontroller's integration into SpaceX's Starlink system demonstrates its capability to meet real-time processing requirements in challenging environments [6][9] Company Overview - STMicroelectronics is a leading semiconductor manufacturer with a commitment to sustainability, aiming for carbon neutrality and 100% renewable electricity sourcing by the end of 2027 [12] - The company serves over 200,000 customers globally, focusing on creating solutions for smarter mobility and efficient energy management [12]

Coral NPU IP已在谷歌开发者网站开源，面向全球开发者开放。芯原将提供商业化的企业级IP版本，并 结合自身丰富的IP储备以及芯片设计与验证能力，为客户的相关芯片提供一站式芯片定制等服务。目 前，芯原正在开发基于Coral NPU IP的验证芯片，面向AI/AR眼镜与智能家居等应用，以加速大语言模 型在边缘端的部署。 芯原股份是一家依托自主半导体IP，为客户提供平台化、全方位、一站式芯片定制服务和半导体IP授权 服务的企业。基于自有的IP，公司已拥有丰富的面向AI应用的软硬件芯片定制平台解决方案，涵盖如智 能手表、AR/VR眼镜等始终在线的轻量化空间计算设备，AI PC、AI手机、智慧汽车、机器人等高效率 端侧计算设备，以及数据中心/服务器等高性能云侧计算设备。 此前财报显示，得益于公司近两年在手订单持续保持高位，随着订单的不断转化，公司研发资源陆续投 入客户项目，公司2025年第三季度实现营业收入12.81亿元，单季度收入创公司历史新高，环比增长 119.26%，同比大幅增长78.38%。 订单方面，2025年第三季度公司新签订单15.93亿元，同比大幅增长145.80%，其中AI算力相关的订单占 比 ...

Core Viewpoint - Ankai Microelectronics (688620.SH) has been awarded the "China Chip" Excellent Market Performance Product Award for its KM01 intelligent vision SoC chip at the 20th "China Chip" Integrated Circuit Industry Promotion Conference, highlighting the company's R&D strength and market performance in the intelligent vision SoC chip sector [1] Group 1 - The KM01 chip stood out among numerous entries, demonstrating the company's innovation capability, technical strength, and market recognition [1] - The award is expected to enhance the company's brand influence and market position in the intelligent vision SoC chip field [1] - The company aims to leverage its core technology and market expansion to continue integrating visual processing with edge AI, providing high-performance and reliable chip solutions for various applications such as smart security, smart cities, and industrial vision [1] Group 2 - The "China Chip" award has been held for twenty consecutive years and is recognized as a significant industry award in China's integrated circuit sector, guided by the Ministry of Industry and Information Technology and organized by the China Electronic Information Industry Development Research Institute [1] - The company is committed to leading the development of new productive forces through technological and product innovation, contributing to the high-quality development of China's integrated circuit industry [1]