因此在摩根士丹利的分析师团队看来，与AI密切相关联的算力产业链领军者以及软件巨头、受益于"大而美"法案与"制造业回流美国"的半导体设备巨头们， 以及消费市场冰火两重天之际实现销售额逆势扩张的多元化必需消费品巨头——比如零售巨头沃尔玛与电商领军者亚马逊，这些投资主题在未来1年可能将 是投资者们在全球股票市场中接连获取"超额阿尔法收益"的最强投资主题。 智通财经APP获悉，华尔街金融巨头摩根士丹利近日发布研报称，基于对各行业领导者们的深度调研，总结出当前以及未来12个月左右股票市场的三大核心 投资趋势，并且根据这些投资趋势汇总出有望在股市持续获得跑赢大盘的超额收益的三大中长期投资主题——即紧密围绕人工智能主题的AI算力产业链领 军者们与受益于AI大浪潮的软件巨头们、受益于特朗普政府一系列利好政策的半导体设备主题以及受益于消费链愈发分裂的必需消费品主题。 大摩表示，首先是全球资金持续聚焦的AI(人工智能)这一最核心且自2023年以来持续强劲的投资趋势，紧随其后的是在全球关税突围战中颇具业绩增长韧性 加之受益于特朗普政府所主导的"大而美"税收与支出法案(即OBBBA法案)、"制造业回流美国"以及"供应链向美国迁移"政 ...

格隆汇8月21日｜在连续六个交易日下跌后，AI应用软件Palantir(PLTR.US)股价盘前上涨2%，报159.13 美元。 ...

金十数据7月24日讯，据国家安全部微信公众号消息，小李是某科研机构研究人员，在撰写一份研究报 告时，为图方便，使用了某AI应用软件，擅自将核心数据及实验成果作为写作素材进行上传，导致该 研究领域涉密信息泄露。事后，小李受到严肃处理。 某科研机构人员违规使用AI软件导致泄密 国安部最新披露 ...

Core Insights - The latest corporate software spending survey by Bank of America indicates a slight downward adjustment in expected growth for enterprise software spending to approximately 9.9% for 2025, influenced by global tariff policies, yet AI-related software spending remains a top priority in corporate budgets [1][8][14] - The demand for AI applications is expected to drive significant growth in enterprise AI software budgets, with projections showing that AI-related spending will account for 27.7% of software budgets in 2025 and increase to 31.6% in 2026 [14][18] - Companies like Palantir, Nvidia, and AMD are positioned to benefit from the robust demand for AI infrastructure, with Palantir's stock surging over 65% since April, reflecting strong performance in the AI and data analytics sector [3][5][26] Group 1: AI Software Spending Trends - The survey reveals that AI software spending is becoming the fastest-growing investment direction for enterprises, with a focus on enhancing operational efficiency and reducing costs [7][18] - Companies are increasingly prioritizing AI investments in cloud infrastructure and back-office operations, with 60% of respondents indicating plans to invest in cloud AI software [23][25] - The shift in AI spending focus from front-end applications to back-office operations highlights a growing trend towards improving internal efficiencies [23][26] Group 2: Market Performance and Projections - The stock performance of AI-focused companies has been robust, with Nvidia and Broadcom seeing significant price increases, indicating strong market confidence in AI infrastructure [3][5] - The strong earnings reports and optimistic outlooks from AI application software providers like C3.ai and Palantir are driving investor interest and stock price increases [5][6] - Anthropic, a notable player in the AI space, has reported a substantial increase in annual revenue, showcasing the growing demand for generative AI applications in the business world [5][6]

文 ｜ 杨帆 许英博 玛西高娃 陈俊云 廖原 王希明 李想 短期来看，AI革命主要通过资本开支扩大拉动宏观总需求。美国2 0 2 3年下半年AI相关资本开支爆发式增长，预计2 0 2 5年美国四大云厂商资本开 支增量为8 6 1亿美元，约占美国GDP的0 . 3%。De e pSe e k出现后，国内大厂加大AI资本开支，阿里已率先宣布未来三年投入超过过去十年。我们 预计2 0 2 5年国内代表性厂商资本开支合计增量1 4 9 8亿元，约占GDP的0 . 11%。在乐观/悲观预期下，增量分别2 1 4 4 / 8 2 2亿元，分别约占GDP的 0 . 1 5%/ 0 . 0 6%。本轮AI资本开支规模可能类似于2 0 2 1 - 2 0 2 2年的新能源资本开支水平，成为传统经济周期的额外拉动因素，并逐步提升其他行 业的生产效率。中长期来看，根据过去几轮技术革命经验，AI革命有望通过提高全要素生产率的方式提振1 - 2%的经济增速，但可能降低单位 GDP增长提供的就业岗位数量。行业维度上，我们用AI渗透度和AI弹性两个维度尝试刻画各个行业的受益程度，信息、教育、金融、制造和大 健康或是受益最多的行业。 ▍ 美 ...