专门研究商业牛人 作者： 邱鑫浩 以下文章来源于邱处机 ，作者邱鑫浩 邱处机 . 来源： 邱处机 这个来自江西南昌的天才少年，用十年时间打造了中国 AI 芯片第一股，他凭什么？ 01 2025 年 8 月 27 日， A 股市场诞生了新"股王"。 中科寒武纪科技股份有限公司（以下简称"寒武纪"）股价盘中大涨近 10% ，达到 1464 元 / 股，一度超越贵州茅台，成为 A 股市 场股价最高的企业。截至收盘， 寒武纪市值已经达到 5740 亿元 。 这家专注于 AI 芯片的公司成立于 2016 年， 2020 年登陆科创板，曾经历长达三年的低谷期，股价从历史高点 297.77 元 / 股暴跌 至 46.59 元 / 股，跌幅超过 84% 。 然而，从 2023 年开始，寒武纪开启了惊人的逆袭之路，从不足 50 元 / 股飙升至超过 1400 元 / 股，最大涨幅超过 25 倍。 作为创始人的陈天石，在寒武纪持股 28.63% ，按今天的市值计算，他的身家已经超过 1600 亿元。 ---------------------------------- 天才少年的创业 陈天石是一位典型的"天才少年"。 公开资料显 ...

站在AI时代的风口。 文 ｜ 邱鑫浩 编辑 ｜ 邱处机 来源｜ 邱处机（ID：qiuchuji_1993） 封面来源 ｜ 视觉中国 2025 年 8 月 27 日， A 股市场诞生了新"股王"。 以下文章来源于邱处机 ，作者邱鑫浩 邱处机 . 专门研究商业牛人 早于 2010 年底，在中国科学院计算所一次内部汇报中，陈云霁、陈天石兄弟就提出了研发 AI 芯片的构想——开展人工智能和芯片设计的交叉研究。这 一想法无异于是天方夜谭，因为英伟达在当时也还只是一家卖游戏显卡的公司。 中科寒武纪科技股份有限公司（以下简称"寒武纪"）股价盘中大涨近 10% ，达到 1464 元 / 股，一度超越贵州茅台，成为 A 股市场股价最高的企业。截至 收盘，寒武纪市值已经达到 5740 亿元。 这家专注于 AI 芯片的公司成立于 2016 年， 2020 年登陆科创板，曾经历长达三年的低谷期，股价从历史高点 297.77 元 / 股暴跌至 46.59 元 / 股，跌幅超 过 84% 。 然而，从 2023 年开始，寒武纪开启了惊人的逆袭之路，从不足 50 元 / 股飙升至超过 1400 元 / 股，最大涨幅超过 25 倍。 作为创 ...

Investment Rating - The report does not explicitly provide an investment rating for the green computing industry Core Insights - The report emphasizes the necessity of developing green computing to address the increasing energy consumption and carbon emissions associated with computing power, which is seen as a critical component of high-quality development in the digital economy [7][21] - It highlights the significant growth in computing power in China, with a total scale reaching 280 EFLOPS by the end of 2024, and an average growth rate of nearly 30% over the past five years [7][9] - The report outlines the integration of green computing into various sectors, including energy, manufacturing, retail, transportation, and construction, with over 86% of central enterprises adopting cloud services [9][21] Summary by Sections 1. Background of Green Computing Research - The report identifies the exponential growth in energy demand for computing infrastructure, driven by advancements in AI technologies and distributed computing [19][20] - It discusses the contradiction between the increasing demand for computing power and the limited environmental capacity, necessitating a transformation towards green computing [21][22] 2. Overall Progress in Green Computing - The report notes a tightening of global policies regarding energy consumption and carbon emissions in the computing sector, with various countries implementing stringent regulations [29][30] - In China, policies are shifting from intensive construction to a collaborative model focusing on efficiency, energy consumption, and application [30][31] 3. Development Trends in Computing Equipment - The report highlights the rapid growth of AI servers as a key driver of energy consumption in computing equipment, with global data center IT loads expected to increase significantly by 2030 [48][49] - It mentions that China's computing equipment efficiency is improving, with advancements in chip manufacturing and cooling technologies [51] 4. Industry Dynamics - The report outlines the green computing industry chain, which includes hardware suppliers, energy providers, infrastructure builders, and application customers [37] - It emphasizes the importance of energy efficiency technologies, such as liquid cooling, which is projected to grow significantly in the coming years [41][42] 5. Corporate Practices - The report details various corporate initiatives aimed at achieving carbon neutrality and enhancing energy efficiency, with major tech companies committing to renewable energy usage [43][45] - It highlights the proactive measures taken by Chinese telecom operators to promote green computing and energy collaboration [45][46]