Core Insights - The company has officially launched the world's first single cabinet-level 640-card super node, scaleX640, which was showcased at the Wuzhen Internet of Things Expo [1] - The scaleX640 super node features a "one-to-two" high-density architecture, achieving ultra-high-speed bus interconnection within a single cabinet, and can form a thousand-card computing unit through dual-node combinations [1] - Compared to similar products in the industry, the scaleX640 has doubled its overall computing performance and increased cabinet computing density by 20 times [1] - In applications such as MoE trillion-parameter model training and inference, the system-level performance improves by 30%-40% compared to traditional solutions [1] - The company maintains a positive outlook on its technological leadership and product competitiveness in the intelligent computing infrastructure sector, with net profit forecasts for 2025-2027 at 2.652 billion, 2.984 billion, and 3.349 billion yuan, representing year-on-year growth of 38.8%, 12.5%, and 12.2% respectively [1] - Valuation-wise, the company is compared to server manufacturers, with a target price of approximately 126 yuan based on a 62x PE valuation for 2026, maintaining a "strong buy" rating [1]

随后更具代表性的是阿里磐久AL128超节点，该产品刷新了单柜支持128张加速卡的纪录，算力集成度达到384超节点的4倍。并且，阿里在软硬件协同优 化方面进展迅速，其自研的通义千问模型，可基于磐久AL128超节点实现训练端到端加速比3倍提升，展现出独到的落地应用能力。 最新公布的则是曙光scaleX640超节点，作为世界首个单机柜级640卡超节点，算力集成度达到了昇腾384的20倍。并且，scaleX640完全基于AI计算开放 架构设计，可以兼容主流智算生态，支持不同类型的加速卡，进而实现AI模型、业务应用快速无缝迁移与深度优化。 2025年是国产超节点爆发元年，浪潮、中兴、华为、阿里、中科曙光等厂商纷纷加入计算集群建设，不仅将算力集成规模推向新高度，更在算力密度、 生态兼容方面接连取得突破，开辟出国产智算基础设施系统化升级更优路径。 根据产品发布节奏来看，华为昇腾率先打破AI算力互联瓶颈，构建出彼时业界最大规模高速总线互联超节点——昇腾384（单机柜32卡，共12个机 柜），这也几乎代表了华为在通信、计算等领域的集大成之作，为国产超节点引来巨大声量。 以超节点最前沿的scaleX640为例，数据显示，在冷却技 ...