英飞凌最新白皮书提出七大关键预测，描绘了AI供电的未来图景：未来十年，单颗处理器负载电流将达到10,000安培，是当前水平的10倍；电源 架功率等级将突破100千瓦；AI服务器机架功耗将突破1兆瓦；数据中心功耗需求将迈向吉瓦级规模...... 该公司电源与传感器系统事业部总裁Adam White指出，自2022年底ChatGPT发布以来，AI技术的指数级增长带来了前所未有的功率需求挑战，迫 使行业不断突破创新边界。 这些预测涵盖了从垂直供电技术到直流微电网的全方位变革，将对数据中心运营商、设备制造商和投资者产生深远影响。随着AI工作负载的持续 增长，传统的48V供电架构将被高压直流系统取代，而可再生能源的整合也将成为满足庞大能耗需求的关键。 预测一：垂直供电将主导未来处理器架构 英飞凌预测，垂直供电将成为现代处理器的关键技术。 白皮书指出，GPU和TPU采用最先进工艺制程（如台积电N4P），通过多片硅片集成突破单一制程限制。随着芯片尺寸增大、供电电压降至约 0.4V，总电流消耗预计十年内攀升至10,000安培。传统横向供电方式在如此高电流下占用空间庞大且损耗显著，电能将通过主板垂直传递至处理 器背面。 这场由 ...

Core Viewpoint - The rapid adoption of silicon carbide (SiC) in the new energy sector is significantly increasing its market penetration, particularly in charging modules for electric vehicles, driven by the growing demand for high-efficiency power devices [3][12]. Group 1: Collaboration and Innovations - Yuyou Green Energy announced a deepened collaboration with Infineon Technologies to enhance the application of SiC power semiconductor solutions in their charging modules, achieving an efficiency of over 97.5% [4][6]. - The partnership aims to upgrade various charging solutions, including high-quality 40kW/60kW independent air-cooled and liquid-cooled charging modules, as well as V2G (Vehicle-to-Grid) interactive solutions [4][6]. Group 2: Product Development and Efficiency - Yuyou Green Energy is actively developing multiple SiC power modules, with some products achieving a maximum conversion efficiency of 97% [7]. - The company is in various stages of development for several SiC products, including a 40kW ultra-high voltage liquid-cooled module and a 22kW bidirectional DC charging module, with ongoing design and testing phases [7]. Group 3: Market Trends and Adoption - Nearly 20 companies have recently announced their latest SiC application solutions, indicating a growing market interest in SiC power modules [10]. - The increasing power requirements for charging stations, particularly those exceeding 600kW, are driving the demand for higher voltage, power, and density in power modules, making SiC devices an ideal choice [12][14]. Group 4: Cost Efficiency and Environmental Impact - SiC devices can help reduce overall costs and improve energy efficiency, with estimates suggesting significant savings in electricity costs for charging stations using SiC modules [17]. - For example, a charging station with five 480kW chargers could save approximately 21,200 yuan in electricity costs over three years by using SiC modules, while another station could reduce carbon emissions by 12 tons annually [17].

Investment Rating - The industry rating is optimistic, expecting an overall return exceeding 5% above the CSI 300 index in the next six months [9]. Core Insights - The report highlights the rapid commercialization of exoskeleton robots, which are transitioning from specialized medical devices to applications in industrial production, outdoor activities, military training, and elder care [6]. - The global exoskeleton robot market is projected to grow significantly, with an estimated market size of USD 1.8 billion in 2024 and expected to exceed USD 12 billion by 2030, reflecting a compound annual growth rate (CAGR) of 28% [6]. - The report notes that China's "14th Five-Year Plan" includes exoskeletons as a key development area in high-end medical equipment, with some rehabilitation exoskeletons already covered by health insurance [6]. Market Performance - As of May 21, 2025, the CSI 300 index rose by 0.47%, while the machinery sector declined by 0.75%, ranking 26th among all primary industries [3]. - Within the sub-industries, lithium battery equipment saw the highest increase at 1.94%, while semiconductor equipment experienced the largest decline at 1.30% [3]. - Notable stock performances included Xunbang Intelligent (+19.99%), Zhongyou Technology (+18.18%), and Meilun Elevator (+9.99%), while Hengerd (-11.93%), Xinlong Health (-9.95%), and Shenghui Integration (-9.82%) faced significant declines [3]. Company Announcements - Jiangsu Shentong's major shareholder reduced their stake by 3% from 6.91% [4]. - Delong Laser's major shareholder plans to reduce their stake by 3% from 12.09% [4]. - Duopule's major shareholder intends to reduce their stake by 4.85% from 9.33% [4]. - Yilida has repurchased 0.0706% of its total share capital through a stock buyback [4].