锐捷网络 20250625 摘要 瑞杰网络 2025 年战略重心转向数据中心市场，特别是互联网领域，预 计该市场将保持增长，而运营商市场因产品策略调整或将面临下滑，但 毛利率有望维持良好水平。 公司海外市场聚焦 SMB 和企业网产品，SMB 产品占比约 70%，园区网 和企业网相关网络设备及网关、软件产品约占 20%，预计海外业务需求 空间广阔。 2025 年二季度交付加速主要源于执行 2024 年四季度的字节跳动和腾 讯合同，以及去年合同的延续，并非新增资本开支。 400G PH5 产品已进入量产和批量交付阶段，毛利率预计回归至 15%- 20%之间，互联网数据中心所有品类产品综合毛利率约为 20%-21%。 公司正积极参与国内云厂商自研芯片架构带来的算力需求提升趋势，重 点关注 AI Fabric 和 Scale-up 超节点方案，并已推出相关产品应用于英 伟达系列算力连接。 公司已完成 B20 适配，并在海外数据中心实现 B20 与以太网交换设备 互联，搭建万卡级计算环境，解决 InfiniBand 交换机成本问题。 2025 年 1-5 月，瑞杰网络整体经营情况显示，数据中心交换业务保持高速增 长，I ...

黄志明认为，AI创新和网络安全不是平衡的关系，而是在AI创新发展中必须兼顾安全，有新的AI应用时，首先必 须考虑安全。 谈网络安全： 随着智能化浪潮的深入推进，智能体和AI垂直应用快速普及，人工智能为网络安全产业的发展带来了前所未有的 机遇与挑战。 6月25日，世界经济论坛第十六届新领军者年会（"夏季达沃斯论坛"）召开期间，思科全球副总裁兼大中华区首席 执行官黄志明接受了南都记者采访。他表示，当前企业工作模式对AI依赖程度加大，能够被网络攻击的范围也随 之扩大，网络攻击无国界，在各个国家都会面临同样的风险。 企业网安发展缓慢与AI投资增加有关 南都：思科发布的2025《网络安全就绪指数》显示，中国仅有 5%的企业达到"成熟"就绪阶段，与去年持平，整体 网络安全就绪水平偏低。为何中国企业对网安应对的成熟度进展较慢？ 黄志明：我理解不仅是中国企业，全世界企业对网安应对的成熟度进展水平线是差不多的，都发展比较缓慢。 究其原因跟投资有一定关系，我们看到过去一年，很多企业在网络安全上的投资都有下降趋势，可能跟AI爆火， 很多企业增加了在AI技术领域的投资有关。我们跟企业交流的时候也会提醒，AI 带来的网络安全风险更高， ...

中国台湾地区ASUStek Computer Inc., Taipei City, Taiwan、美国ASUS Computer International, Fremont, Calif.、中国台湾地区D-Link Corporation, Taipei, Taiwan、美国D-Link Systems, Inc., Irvine, Calif.、美国 Linksys Holdings, Inc., Irvine, Calif.、美国Linksys USA, Inc., Irvine, Calif.、美国Plume Design Inc., Palo Alto, Calif.为列名被告。 美国国际贸易委员会将于立案后45天内确定调查结束期。除美国贸易代表基于政策原因否决的情况外， 美国国际贸易委员会在337案件中发布的救济令自发布之日生效并于发布之日后的第60日起具有终局效 力。 据中国贸易救济信息网，6月17日，美国国际贸易委员会（ITC）投票决定对特定Wi-Fi路由器、Wi-Fi设 备、网状Wi-Fi网络设备及其组件（Certain Wi-Fi Routers, Wi-Fi Devices, Mesh ...

Juniper Networks (JNPR) Update Summary Industry Overview - The discussion revolves around the AI infrastructure and its application in network operations, particularly focusing on data center (DC) networks and lifecycle management. Core Points and Arguments - **AI Model Processing**: Emphasis on the challenges related to AI model processing, specifically regarding job completion time and storage complexity of raw data [1] - **Network Lifecycle Management**: The lifecycle of network operations is segmented into three phases: Day Zero (planning), Day One (provisioning), and Day Two (ongoing operations). This structured approach is crucial for effective network management [1][2] - **Intent-Based Networking**: The concept of intent-based networking is highlighted, where the focus is on describing the intended outcomes rather than device-specific configurations. This approach aims to enhance network reliability and performance [2] - **Dynamic Load Balancing**: Discussion on adaptive flow balancing and explicit congestion notification (ECN) signaling to manage network congestion effectively. This is essential for maintaining optimal network performance [3] - **Priority-Based Flow Control**: The importance of priority-based flow control (PFC) in switch-to-switch communication is noted, which helps in reducing packet loss and improving overall network efficiency [3] Other Important Content - **Reliability and Performance**: The ongoing operations phase (Day Two) is critical for ensuring reliability in network performance, indicating that continuous monitoring and adjustments are necessary [2] - **Automation in Network Management**: The integration of automation in the network lifecycle is suggested to streamline operations and enhance efficiency [1][3]

If there was ever a Dow Industrials stock that should be labeled "buy and hold at your own risk," it is Cisco Systems, Inc. (NASDAQ: CSCO ). I can't think of a stockI'm Rob Isbitts, founder of Sungarden Investment Publishing. I run the new investing group Sungarden Investors Club, a community dedicated to navigating the modern investment climate with humility, discipline, and a non-traditional approach to income investing. I've been charting investments since the 1980s, and I spent decades an an investment ...

Core Viewpoint - Cisco Systems (CSCO) shares have increased by approximately 1.3% since the last earnings report, underperforming the S&P 500 index [1] Group 1: Earnings Report Insights - The recent earnings report indicates that estimates for Cisco have trended upward over the past month [2] - The stock has received a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the upcoming months [4] Group 2: VGM Scores - Cisco has an average Growth Score of C and a Momentum Score of C, while it received a D grade for Value, placing it in the bottom 40% for that investment strategy [3] - The overall aggregate VGM Score for Cisco is D, which is significant for investors not focused on a single strategy [3]

2022 年，TP-Link 分拆为内销（普联技术）和外销（联洲国际），后者专注海外市场。 以下文章来源于伯乐在线 ，作者伯小乐 TP-Link 在美国路由器市场占有约 65% 的份额，与美国 300 多家互联网提供商合作，它也是购物网站亚马逊的热销首选品牌，并为美国国防部和其他联邦政府机 构提供互联网通信服务。 伯乐在线 . 不过在 2024 年 12 月，美方以所谓"国家安全风险"为由，对 TP-Link 展开调查。当时媒体报道称可能要美方计划于 2025 年内实施禁售，不过截至目前为止，暂未 有明确要封杀。也许美方还在推动进程吧。 伯乐在线分享IT互联网职场和精选干货文章（原域名已不再维护）。组织维护10万+star的开源技术资源库，包括：Python, Java, C/C++, Go, JS, CSS, Node.js, PHP, .NET 等 6 月 12 日，TP-Link 外销主体联洲国际的上海张江 WiFi 芯片部门被曝闪电裁员，流程迅速（上午通知、下午签字、晚上离职），赔偿方案为 N+3。 社交媒体上已有前员工证实裁员。部分员工对高额赔偿表示认可，但网上也有网友认为这是长期高压加班后的"创伤 ...

Advanced Micro Devices, Inc. AMD and Cisco Systems, Inc. CSCO shares are higher in Wednesday's extended trading session after The Information reported the companies will invest in a Saudi AI-related cloud project. Last month, Cisco and AMD announced they will be joining HUMAIN's alliance to build Saudi Arabia's future AI infrastructure.Read Next: Nvidia’s Jensen Huang Sparks Quantum Stock Frenzy"The Gulf region’s AI revolution is truly impressive, and Cisco is proud to play a key role in ensuring it is impl ...

据人民日报6月10日报道，任正非在访谈中表示，中国在中低端芯片上是可以有机会的，中国数十、上 百家芯片公司都很努力。 其表示硅基芯片，我们用数学补物理、非摩尔补摩尔，利用集群计算的原理，可以达到满足我们现在的 需求。还提到人工智能也许是人类社会最后一次技术革命。 国盛证券指出，进入大模型时代以来，随着集群规模加速扩大，计算卡之间的互联要求快速提升。国内 如豆包，可灵等优秀大模型不断扩张，将带动国内算力建设上行，国产交换机作为构建中国算力集群的 核心环节，将打开新的上升周期。 公司方面，据长江证券表示， 国金证券也表示，海外大模型厂商在2024年已开始大规模部署800G交换机用于训练。在国内大模型市 场中，800G交换机在组网中已初现端倪。Dell'Oro Group预计到2025年800G交换端口采用率有望超过 400G数据中心交换端口，将占数据中心交换机端口的25%以上。 其还指出，当前CPO行业处于快速发展阶段。行业内的领军企业如英特尔、博通和美满科技等已推出多 款基于CPO技术的量产产品。 根据智研咨询数据，全球CPO交换机的销售量预计将从2023年的5万端口迅速增长至2027年的450万端 口。大集群 ...

Core Insights - The partnership between Ruijie Networks and AMD aims to address the increasing global demand for computing power and the acceleration of digital transformation in China [1][8] - The collaboration focuses on a dual-driven model of "computing architecture innovation and scenario innovation" to provide efficient solutions for key areas such as intelligent computing centers and cloud desktops [1][5] Group 1: Market Context - According to a report by IDC and Inspur, China's intelligent computing power is expected to reach 1037.3 EFLOPS by 2025, representing a 43% year-on-year growth, with an even higher growth rate of 74.1% anticipated for 2024 [1] - The increasing demand for computing power is driven by applications in generative AI and autonomous driving, making the integration of network infrastructure and computing capabilities a core issue for industrial intelligence [1] Group 2: Technical Collaboration - The fourth-generation AMD EPYC processors utilize a 5nm process with up to 96 cores and support for PCIe 5.0 and CXL 1.1 memory expansion, achieving a 2.7 times improvement in energy efficiency compared to previous generations [2] - The collaboration includes the development of a dual-A cloud desktop solution that reduces total cost of ownership (TCO) by 30% and an AI training cluster based on a Rack Scale architecture that supports 64 interconnected GPUs [5] Group 3: Product Features - Ruijie Networks has introduced intelligent gateways in the data center network field, integrating AMD processors to achieve deep collaboration between computing and networking [4] - The RG-CS7010 cloud server, equipped with dual EPYC processors, supports 128 physical cores and has improved virtualization performance by 200% compared to previous models, making it suitable for high-frequency interaction scenarios in education and healthcare [4] Group 4: Strategic Goals - The partnership aims to build a self-controlled computing ecosystem, leveraging Ruijie Networks' self-developed Rack Scale architecture compatible with domestic GPUs to create a differentiated competitive edge in AI training clusters [6] - The collaboration aligns with national strategies such as "East Data West Computing" and aims to meet the goal of achieving a Power Usage Effectiveness (PUE) of less than 1.25 for new data centers by 2025 [7] Group 5: Future Outlook - The companies plan to launch the next generation of EPYC processors based on the sixth-generation Zen6 architecture and Ruijie's next-generation intelligent switches by 2025, which will enhance computing density and network bandwidth [7] - This partnership represents a significant shift in industry logic, aiming to overcome traditional IT architecture performance bottlenecks through deep collaboration between computing and networking [7][8]