昨天晚上，AMD CEO 苏姿丰，又在华尔街掀起了一阵风；她说：到 2030 年，AI 数据中心市场将突破 1 万亿美元。 这句话听起来像在吹牛，但，如果你了解过去 10 年她如何让AMD起死回生，就知道，这个人从来不是说空话的人。 01 首先，为了降低认识门槛，快速过下她是谁？ 很多人知道英伟达的黄仁勋，因为他特别会造梦；但不少人对苏姿丰这个名字有点陌生。她的英文名叫 Lisa Su，是AMD现任的CEO兼董事长。 2014 年，她从一个纯技术背景的工程师，一步步走到这家老牌芯片公司的最高位。 要说履历，她堪称「理工界的女天花板」： 麻省理工学院（MIT）电气工程博士，先后在 IBM 和 Freescale 半导体担任高管；她的专长不是营销、演讲，是让晶体管如何变得更聪明。 接手 AMD 那一年，公司基本快要崩盘，市场份额被英特尔吊打，市值不到 30 亿美元，连员工都在担心明天还有没有班上。 结果不到 10 年，她硬是把 AMD 拉回了牌桌。CPU 端推出的 Ryzen 系列，一口气击穿了 Intel 的防线；GPU 端的 Instinct 系列，对标的正是 NVIDIA。 如果你对这些产品不太熟，也没关系 ...

Summary of Laser Weapon Industry Conference Call Industry Overview - The laser weapon industry is characterized by its strong directionality, good coherence, and monochromaticity, making it a significant representative in modern combat fields. The weapons can be categorized into soft kill and hard kill based on damage principles, and can be platform-mounted as space-based, airborne, naval, and ground-based systems [1][3][4]. Key Developments in the U.S. Military - The U.S. Army has planned a multi-layered air defense and missile defense system, utilizing multi-task high-energy laser systems and tactical laser vehicles to destroy incoming munitions and intercept rockets and artillery [1][5]. - The U.S. Air Force has a three-step strategy to gradually enhance laser weapon power and applications, aiming for over 30 kW hard kill systems by 2030 [5][10]. - The U.S. Navy has initiated the Odin project, procuring 60 kW Helios systems to counter drones and small boats, with plans for a 300 kW high-energy laser system for anti-ship missile interception [1][9]. Technical Characteristics and Applications - Laser weapons are noted for their high energy concentration, speed (light speed), high accuracy, reusability, and cost-effectiveness. They can be classified into soft kill (blinding) and hard kill (melting or burning) categories, with power requirements varying significantly [2][3][4]. - Naval applications are favored due to the larger size of ships allowing for stable high-power supply, making them more suitable for high-power laser weapons [1][8]. Global Developments - Other countries, including Australia and Israel, are also advancing their laser weapon technologies. Australia’s EOS company received a $71 million order for a 100 kW laser defense system, while Israel successfully used laser weapons in military operations [11]. - China has made significant strides in developing domestic solid-state laser technologies and anti-drone systems, showcasing capabilities through various military and industrial entities [12][14]. Investment Opportunities - Companies like Ruike Laser are expected to gain attention in the upcoming industrialization wave of laser weapons. Investors are advised to monitor these companies for potential investment opportunities [7][18]. - The development of low-altitude economies necessitates enhanced low-altitude security, which will drive the growth of a comprehensive low-altitude defense system, including directed energy weapons [18]. Challenges and Market Dynamics - The laser weapon market is influenced by global conflicts, such as the Russia-Ukraine conflict, which highlights the urgent need for directed energy weapons [17]. - The revenue of companies like Ruike Laser has been affected by pricing factors, impacting net profits despite a significant portion of revenue coming from continuous fiber laser applications [15][16]. Conclusion - The laser weapon industry is poised for growth, driven by military advancements and the need for modern defense solutions. Key players in the market are expected to play crucial roles in this evolving landscape, presenting potential investment opportunities for stakeholders.