Global Technology_ AI Supply Chain_ Stargate and China Demand Are Coming
2025-02-20 17:54
更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 February 17, 2025 09:00 PM GMT Global Technology M Global Idea AI Supply Chain: Stargate and China Demand Are Coming Stargate is a new component in global AI capex; we are starting to see orders to NVDIA and its ODM partner. As well, China's version of H20 GPU demand is coming back, thanks to DeepSeek application. We like GPU and ASIC in AI semis, preferring NVIDIA to AMD in GPU, Alchip to Marvell in ASIC. Global cloud capex remains robust, indicating strong AI semi/hardware dem ...