为OpenAI保障算力供应的盟友越来越多了。 为OpenAI保障算力供应的盟友越来越多了。 北京时间10月13日晚间，OpenAI和定制ASIC（专用集成电路）厂商博通宣布达成合作，双方将合作开发10吉瓦的定制人工智能加速器，OpenAI将设计加 速器和系统，与博通合作开发和部署。博通将从2026年下半年开始部署相关人工智能加速器和网络系统机架，并于2029年年底完成。 受消息影响，博通盘中涨超10%。 近日OpenAI CEO山姆·奥尔特曼（Sam Altman）在一个访谈中提到，基础设施领域的巨额投资是公司层面的一次战略豪赌，机会一生一次。OpenAI的核心 使命是构建功能强大的AI系统，要达成这一目标，需要在基础设施建设、产品开发及基础研究等领域投入海量资源，基础设施是他目前时间投入最多的 领域。 此前与AMD达成的协议中，涉及AMD向OpenAI发行最多1.6亿股的AMD普通股认股权证，每股价格仅0.01美元。英伟达则计划向OpenAI投资最多1000亿 美元。随着OpenAI大规模部署这两家的芯片，英伟达的注资将逐步到位，OpenAI也能够以较低价格购入AMD股份。为支持基础设施建设，OpenAI近 ...

Group 1 - The core viewpoint is that after three years, the competition in the model arena has not escalated as expected, and the models have started to converge, indicating that the first round of eliminations globally has concluded [1] Group 2 - Currently, the industry is experiencing a "battle of chips," with various companies involved in the production of general-purpose GPUs, including Nvidia, AMD, and others, as well as ASICs from companies like Google, Meta, ByteDance, OpenAI, AWS, Microsoft, Alibaba, and Baidu [2] Group 3 - In the domestic market, there are still dozens of well-known and lesser-known companies producing general-purpose GPUs and custom ASICs, with TSMC being highlighted as the best in this space [3]

Overall Performance - Marvell Technology reported Q4 FY2025 revenue of $1.82 billion, a year-over-year increase of 27.4%, meeting market expectations [4][12] - The company achieved a net profit of $200 million, marking a return to profitability, with adjusted operating income reaching $390 million, up from $216 million in the previous quarter [4][16] Business Segments - Data center business is the largest growth driver, accounting for over 70% of total revenue, with Q4 revenue of $1.366 billion, a year-over-year increase of 78.5% [4][10] - AI-related revenue within the data center segment is estimated at approximately $700 million, driven by demand for custom ASICs from clients like Amazon [4][17] - Enterprise networking and carrier infrastructure segments showed signs of recovery, with revenues of $171 million and $106 million, respectively, both experiencing quarter-over-quarter growth [4][20][22] Future Guidance - For Q1 FY2026, Marvell expects revenue of around $1.88 billion, slightly above market expectations [5] - The company anticipates a GAAP gross margin of 50.5% for the upcoming quarter, indicating a stable outlook [5] AI Business Concerns - Market concerns regarding the growth potential of Marvell's AI business have intensified, particularly in light of the company's guidance for a slowdown in AI revenue growth in the next quarter [7][8] - Despite reaffirming a forecast of over $2.5 billion in AI revenue for FY2026, market expectations have risen to around $3.5 billion, creating a potential disconnect [8] Cost Structure - Operating expenses for Q4 FY2025 were $682 million, with R&D expenses at $499 million, reflecting an 8.6% year-over-year increase [14] - Selling and administrative expenses decreased by 7.7% year-over-year, benefiting from revenue growth [14]