471 lines
38 KiB
HTML
471 lines
38 KiB
HTML
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<title>一体机核心标的弹性测算 - 深度投研报告</title>
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<div class="container mx-auto p-4 sm:p-6 lg:p-8">
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<!-- Header -->
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<header class="text-center mb-16">
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<h1 class="text-4xl md:text-6xl font-bold fui-glow-text bg-clip-text text-transparent bg-gradient-to-br from-white to-purple-300">
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一体机核心标的弹性测算
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</h1>
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<p class="mt-4 text-lg text-purple-200">深度投研报告</p>
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<div class="mt-2 text-xs text-gray-500">
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北京价值前沿科技有限公司 AI投研agent：“价小前投研” 呈现 | 本报告为AI合成数据，投资需谨慎
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</div>
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</header>
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<!-- Insight Section -->
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<main class="space-y-16">
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<section id="insight">
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<h2 class="text-3xl font-bold text-center section-title">概念深度洞察 (Concept Insight)</h2>
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<div class="fui-glass-card rounded-3xl p-8 mb-12 prose-custom max-w-none">
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<h3>0. 核心观点摘要</h3>
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<p>AI一体机正从一个前沿概念迅速转变为由<strong class="text-purple-300">数据安全</strong>和<strong class="text-purple-300">便捷部署</strong>需求驱动的、具备清晰商业模式的成长性赛道。当前市场正处于从主题炒作向<strong class="text-teal-300">基本面驱动过渡的关键阶段</strong>。其核心投资逻辑在于，一体机作为AI算力普惠化的关键载体，将为相关硬件制造商、软件集成商和上游核心组件供应商带来显著的<strong class="text-teal-300">业绩弹性</strong>和<strong class="text-purple-300">价值重估</strong>机会。</p>
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</div>
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<div class="fui-bento-grid">
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<div class="fui-glass-card rounded-3xl p-6 col-span-1 md:col-span-2 space-y-4">
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<h3 class="text-xl font-semibold text-purple-300 border-b border-purple-500/30 pb-2">催化事件与时间线</h3>
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<ul class="space-y-3 text-sm">
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<li class="fui-key-point"><strong class="text-gray-200">技术成熟 (24年底-25年初):</strong> 国产大模型(DeepSeek)与国产算力(昇腾, 海光)生态完善，奠定一体机技术基础。</li>
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<li class="fui-key-point"><strong class="text-gray-200">需求爆发 (25年Q1):</strong> 云大厂率先发力，央国企、金融机构成主力，核心诉求为“快速部署”与“数据安全”。<span class="data-highlight ml-2">3月27日银行会议到场超800人</span>，验证需求火爆。</li>
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<li class="fui-key-point"><strong class="text-gray-200">产品密集发布 (25年2-3月):</strong> 浪潮、曙光等厂商集中发布产品，市场从概念认知转向<span class="data-highlight">业绩弹性量化分析</span>。</li>
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<li class="fui-key-point"><strong class="text-gray-200">商业模式验证 (25年Q2+):</strong> 标杆项目落地（国网部署30台），私有化部署成本从“千万级”降至“<span class="data-highlight">百万级(200-300万)</span>”，Q2成为业绩兑现关键节点。</li>
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</ul>
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</div>
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<div class="fui-glass-card rounded-3xl p-6 space-y-4">
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<h3 class="text-xl font-semibold text-purple-300 border-b border-purple-500/30 pb-2">核心驱动力</h3>
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<ul class="space-y-3 text-sm">
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<li class="fui-key-point"><strong class="text-gray-200">数据安全:</strong> 首要驱动力，国央企、金融私有化部署需求迫切。</li>
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<li class="fui-key-point"><strong class="text-gray-200">降本增效:</strong> 部署门槛从千万级降至百万级，拓宽客户群体。</li>
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<li class="fui-key-point"><strong class="text-gray-200">快速部署:</strong> “开箱即用”特性满足快速上线需求，加速商业落地。</li>
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<li class="fui-key-point"><strong class="text-gray-200">国产化浪潮:</strong> 适配国产芯片，保障供应链安全，符合信创政策。</li>
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</ul>
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</div>
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<div class="fui-glass-card rounded-3xl p-6 space-y-4">
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<h3 class="text-xl font-semibold text-purple-300 border-b border-purple-500/30 pb-2">预期差分析</h3>
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<ul class="space-y-3 text-sm">
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<li class="fui-key-point"><strong class="text-teal-300">积极预期差:</strong> 市场或低估“软硬一体”带来的<span class="data-highlight">更高附加值和毛利率</span>（可达市场平均2-3倍）。</li>
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<li class="fui-key-point"><strong class="text-teal-300">被忽视的关键点:</strong> 上游核心组件（液冷、存储）弹性可能更大，单GPU液冷模组<span class="data-highlight">4000元</span>，单AI芯片存储<span class="data-highlight">1000美金</span>，价值量高。</li>
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<li class="fui-key-point"><strong class="text-red-400">消极预期差:</strong> 量化模型未形成共识，部分弹性测算假设或过于乐观，存在“预期打满”风险。</li>
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</ul>
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</div>
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</div>
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<div class="fui-glass-card rounded-3xl p-8 mt-12 prose-custom max-w-none">
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<h3>产业链图谱与核心公司剖析</h3>
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<div class="overflow-x-auto">
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<table class="table table-sm">
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<thead>
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<tr>
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<th>产业链环节</th>
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<th>核心领域</th>
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<th>代表公司</th>
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<th>核心逻辑</th>
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</tr>
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</thead>
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<tbody>
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<tr class="hover">
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<td rowspan="3" class="font-bold align-middle bg-slate-800/50">上游：核心软硬件</td>
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<td>AI芯片/算力卡</td>
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<td class="font-mono">海光信息, 华为(昇腾)</td>
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<td>国产算力底座，一体机性能核心，出货量是行业景气度风向标。</td>
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</tr>
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<tr class="hover">
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<td>核心组件</td>
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<td class="font-mono">鸿富瀚(液冷), 兆易创新(存储)</td>
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<td>“卖水”环节，高价值量，确定性高，弹性巨大。</td>
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</tr>
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<tr class="hover">
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<td>基础软件/大模型</td>
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<td class="font-mono">DeepSeek, 麒麟信安, 科大讯飞</td>
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<td>一体机“灵魂”，决定应用生态和智能化水平。</td>
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</tr>
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<tr class="hover">
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<td rowspan="3" class="font-bold align-middle bg-slate-800/50">中游：一体机集成与制造</td>
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<td>传统服务器龙头</td>
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<td class="font-mono">浪潮信息, 中科曙光, 紫光股份</td>
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<td>硬件规模领导者，拥有供应链和渠道优势，是市场放量的基石。</td>
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</tr>
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<tr class="hover">
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<td>OEM/ODM厂商</td>
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<td class="font-mono text-teal-300">智微智能</td>
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<td class="text-teal-300">逻辑最纯粹的“卖铲人”，直接与出货量挂钩，弹性最高。</td>
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</tr>
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<tr class="hover">
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<td>软件/安全厂商</td>
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<td class="font-mono text-purple-300">深信服, 亚信安全</td>
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<td class="text-purple-300">差异化竞争者，通过“软件定义硬件”获取高附加值和超额利润。</td>
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</tr>
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<tr class="hover">
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<td class="font-bold align-middle bg-slate-800/50">下游：渠道与最终用户</td>
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<td>最终用户</td>
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<td class="font-mono">金融(银行), 政务, 能源, 央国企</td>
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<td>需求的核心来源，特别是对数据安全要求高的行业。</td>
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</tr>
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</tbody>
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</table>
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</div>
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<blockquote class="mt-6">
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<p><strong class="text-lg">投资启示：</strong> 最具投资价值的细分环节依次为：<br>1. <strong class="text-teal-300">上游核心组件 (确定性最高)</strong> <br>2. <strong class="text-purple-300">具备核心技术壁垒的OEM/ODM厂商 (弹性最高)</strong> <br>3. <strong class="text-indigo-300">“软件定义硬件”的解决方案商 (利润率最高)</strong></p>
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</blockquote>
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</div>
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</section>
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<section id="market-intelligence">
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<h2 class="text-3xl font-bold text-center section-title">市场情报深度挖掘 (Market Intelligence)</h2>
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<div x-data="{ tab: 'roadshow' }" class="fui-glass-card rounded-3xl p-2 sm:p-4">
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<div class="tabs tabs-boxed justify-center bg-black/20">
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<a class="tab" :class="{ 'tab-active': tab === 'roadshow' }" @click="tab = 'roadshow'">路演纪要</a>
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<a class="tab" :class="{ 'tab-active': tab === 'news' }" @click="tab = 'news'">新闻数据</a>
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<a class="tab" :class="{ 'tab-active': tab === 'report' }" @click="tab = 'report'">研报精粹</a>
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</div>
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<div class="p-4 sm:p-6 min-h-[300px]">
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<!-- Roadshow Content -->
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<div x-show="tab === 'roadshow'" x-transition class="space-y-4 prose-custom max-w-none">
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<h4 class="text-lg font-semibold text-purple-300">核心路演观点</h4>
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<ul>
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<li><strong>需求爆发验证 (天风计算机 2025-03-25/27):</strong> 央国企、金融机构（尤其银行）需求激增，从定制开发转向直接采购一体机。一场会议原计划300人，实际到场超800人，验证行业热度。</li>
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<li><strong>商业模式与定价 (亚信安全&阿里云 2025-03-27):</strong> 商业模式为“软件+硬件+安全”全栈整合。将私有化部署成本从“千万级”降至“<span class="data-highlight">200-300万元</span>”，单台性能媲美华为2台H20服务器但成本仅1/3。国网已部署30台，阿里云目标年内出货<span class="data-highlight">3000台</span>。</li>
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<li><strong>核心标的与业绩弹性 (方正计算机 2025-02-18):</strong> 以海南华铁为例，测算其2026年AI业务利润<span class="data-highlight">4.5亿元</span> (30倍PE)，对应<span class="data-highlight">135亿元</span>市值增量。</li>
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<li><strong>业绩兑现节点:</strong> 普遍预期订单将在 <strong class="text-teal-300">2025年Q2</strong> 开始大规模转化为收入和利润。</li>
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</ul>
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</div>
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<!-- News Content -->
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<div x-show="tab === 'news'" x-transition class="space-y-6 prose-custom max-w-none">
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<h4 class="text-lg font-semibold text-purple-300">关键弹性测算案例</h4>
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<div class="fui-glass-card rounded-2xl p-4 border border-purple-500/30">
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<h5 class="font-bold">液冷散热标的弹性测算 (以鸿富瀚为例)</h5>
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<blockquote>
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<p>AI一体机/服务器放量直接驱动散热需求。测算逻辑如下：<br>
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- <strong class="text-gray-200">北美NV业务:</strong> 市场空间60亿，若鸿富瀚占10%份额，对应6亿收入，<span class="data-highlight">1.5亿利润弹性</span>。<br>
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- <strong class="text-gray-200">台达代工业务:</strong> 市场空间252亿，悲观假设占2.5%份额，对应7亿收入，<span class="data-highlight">1亿业绩弹性</span>。<br>
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- <strong class="text-gray-200">市值弹性汇总:</strong> <span class="data-highlight">50亿主业 + 45亿NV + 30亿台达 = 125亿市值</span>。</p>
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</blockquote>
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</div>
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<div class="fui-glass-card rounded-2xl p-4 border border-teal-500/30">
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<h5 class="font-bold">AI芯片存储标的弹性测算 (以兆易创新为例)</h5>
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<blockquote>
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<p>AI芯片对高性能存储需求巨大。测算逻辑如下：<br>
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- <strong class="text-gray-200">核心假设:</strong> 字节26年算力卡需求<span class="data-highlight">200万张</span>，20%用自研。单卡WOW存储价值量<span class="data-highlight">1000美金</span>。<br>
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- <strong class="text-gray-200">收入测算:</strong> 200万张 * 20% * 1000美金 = 4亿美金收入。<br>
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- <strong class="text-gray-200">利润与市值弹性:</strong> 按35%净利率，带来<span class="data-highlight">新增10亿利润</span>。给予50倍估值，对应<span class="data-highlight">新增500亿市值</span>。</p>
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</blockquote>
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</div>
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</div>
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<!-- Report Content -->
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<div x-show="tab === 'report'" x-transition class="space-y-4 prose-custom max-w-none">
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<h4 class="text-lg font-semibold text-purple-300">核心研报观点</h4>
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<ul>
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<li><strong>估值弹性基准 (西部证券):</strong> 建议使用<strong class="text-teal-300">2021年净利润</strong>作为基准（未受疫情等影响），与当前市值计算PE，作为评估标的估值弹性的指标，寻找历史低位、修复空间大的白马股（如海康威视）或高景气赛道成长股（如寒武纪）。</li>
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<li><strong>市场空间与渗透率 (Canalys):</strong> 预测大中华区AI PC渗透率将从2024年的13%快速提升至<span class="data-highlight">2027年的62%</span>。一体机作为PC的一种形态，市场空间广阔。</li>
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<li><strong>类比弹性测算 (“全民智驾”研报):</strong> 智驾域控制器可视为一种高度集成“一体机”。通过预测渗透率（8.5%→35%）和价格带来估算市场规模（芯片CAGR 66%，激光雷达CAGR 58%），为一体机市场规模测算提供了方法论参考。</li>
|
||
<li><strong>产业链关联标的 (多份研报):</strong> 关注地产链（广联达、捷顺科技）、环保碳核算（聚光科技、雪迪龙）、物联网“端云一体”（博实结）等领域的一体化解决方案供应商，其业务模式与一体机逻辑相通，有望受益于行业数字化转型。</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</section>
|
||
|
||
<section id="elasticity-visualization">
|
||
<h2 class="text-3xl font-bold text-center section-title">核心标的市值弹性可视化 (Market Cap Elasticity)</h2>
|
||
<div class="fui-glass-card rounded-3xl p-4 sm:p-6">
|
||
<div id="elasticityChart" style="width: 100%; height: 500px;"></div>
|
||
</div>
|
||
</section>
|
||
|
||
<section id="stock-list">
|
||
<h2 class="text-3xl font-bold text-center section-title">一体机核心标的详细列表 (Core Targets)</h2>
|
||
|
||
<div class="space-y-12">
|
||
<div>
|
||
<h3 class="text-xl font-semibold mb-4 text-purple-300">一体机厂商与解决方案提供商 (图1)</h3>
|
||
<div class="overflow-x-auto fui-glass-card rounded-2xl p-2">
|
||
<table class="table table-zebra w-full">
|
||
<thead>
|
||
<tr>
|
||
<th>标的 (Stock)</th>
|
||
<th>核心逻辑 (Reason)</th>
|
||
<th>其他标签 (Tags)</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=300245" target="_blank" class="link link-hover">天玑科技 (300245)</a></td><td>推出PriData超融合一体机，通过软件定义方式整合计算、存储、网络，简化IT基础架构。</td><td><div class="badge fui-tag">AI一体机</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=300454" target="_blank" class="link link-hover">深信服 (300454)</a></td><td>推出深信服一朵云，面向AI升级，为基于DeepSeek大模型的场景提供智算承载和应用构建平台。</td><td><div class="badge fui-tag">AI一体机</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=002415" target="_blank" class="link link-hover">海康威视 (002415)</a></td><td>推出文搜存储系列产品，将多模态大模型算法与嵌入式智能硬件结合，实现在轻量化硬件平台上落地。</td><td><div class="badge fui-tag">AI一体机</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=002236" target="_blank" class="link link-hover">大华股份 (002236)</a></td><td>推出大华神算，深度融合多模态大模型与嵌入式硬件架构，用于突破边缘侧复杂场景的智能分析瓶颈。</td><td><div class="badge fui-tag">AI一体机</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=000977" target="_blank" class="link link-hover">浪潮信息 (000977)</a></td><td>推出浪潮DeepSeek“推理一体机”，全面兼容DeepSeek系列模型，单机即可完成百亿级参数模型的实时推理。</td><td><div class="badge fui-tag">AI一体机</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=000066" target="_blank" class="link link-hover">中国长城 (000066)</a></td><td>推出长城擎天GF7280 V5 AI训推一体机，适配国产天数、沐曦等GPU算力卡和DeepSeek R1模型。</td><td><div class="badge fui-tag">AI一体机</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=603019" target="_blank" class="link link-hover">中科曙光 (603019)</a></td><td>推出曙光DeepSeek人工智能一体机，内置AI管理平台，全面适配DeepSeek全家桶及国内外主流开源大模型。</td><td><div class="badge fui-tag">AI一体机</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=688158" target="_blank" class="link link-hover">优刻得 (688158)</a></td><td>推出优刻得DeepSeek满血版大模型一体机，支持沐曦、昇腾等国产AI芯片，提供从算力获取到应用开发的全栈式解决方案。</td><td><div class="badge fui-tag">AI一体机</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=688327" target="_blank" class="link link-hover">云从科技 (688327)</a></td><td>推出从容大模型训推一体机，基于昇腾AI平台，具备模型训练、推理、管理全流程功能。</td><td><div class="badge fui-tag">AI一体机</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=002212" target="_blank" class="link link-hover">天融信 (002212)</a></td><td>推出融信DeepSeek安全智算一体机，深度融合并预装DeepSeek-R1等各版本模型。</td><td><div class="badge fui-tag">AI一体机</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=688590" target="_blank" class="link link-hover">新致软件 (688590)</a></td><td>推出新致信创一体机，以海光GPU服务器为算力基石，搭载自主设计DCU芯片，可搭载满血版Deepseek模型。</td><td><div class="badge fui-tag">AI一体机</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=301236" target="_blank" class="link link-hover">软通动力 (301236)</a></td><td>推出软通动力DeepSeek应用方案一体机，集成预装DeepSeek大模型，对“算力+模型+应用”三重引擎进行优化。</td><td><div class="badge fui-tag">AI一体机</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=002230" target="_blank" class="link link-hover">科大讯飞 (002230)</a></td><td>推出“星火+DeepSeek双引擎一体机”，为塔式一体机，支持办公室灵活部署，加速业务创新。</td><td><div class="badge fui-tag">AI一体机</div></td></tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-xl font-semibold mb-4 text-teal-300">市场人气与涨停个股分析 (图2)</h3>
|
||
<div class="overflow-x-auto fui-glass-card rounded-2xl p-2">
|
||
<table class="table table-zebra w-full">
|
||
<thead>
|
||
<tr>
|
||
<th>标的 (Stock)</th>
|
||
<th>核心逻辑 (Reason)</th>
|
||
<th>标签 (Tag)</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=603496" target="_blank" class="link link-hover">恒为科技 (603496)</a></td><td>推出昇腾DeepSeek一体机，分为训推一体机与推理一体机两种类型。</td><td><div class="badge badge-error">涨停个股</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=002369" target="_blank" class="link link-hover">卓翼科技 (002369)</a></td><td>代工HW昇腾一体机</td><td><div class="badge badge-error">涨停个股</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=603118" target="_blank" class="link link-hover">共进股份 (603118)</a></td><td>代工HW昇腾一体机</td><td><div class="badge badge-error">涨停个股</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=688327" target="_blank" class="link link-hover">云从科技 (688327)</a></td><td>与华为联合发布的训算一体机配备了异质AI硬件及分布式计算平台，是华为昇腾一体机优先合作商。</td><td><div class="badge badge-error">涨停个股</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=603660" target="_blank" class="link link-hover">苏州科达 (603660)</a></td><td>具备为客户提供基于DeepSeek不同参数的一体机产品和行业定制需要。</td><td><div class="badge badge-error">涨停个股</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=300017" target="_blank" class="link link-hover">网宿科技 (300017)</a></td><td>旗下子公司爱捷云正式推出爱捷云DeepSeek智算一体机。</td><td><div class="badge badge-error">涨停个股</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=002261" target="_blank" class="link link-hover">拓维信息 (002261)</a></td><td>拓维信息智能数据标注一体机。</td><td><div class="badge badge-error">涨停个股</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=300846" target="_blank" class="link link-hover">首都在线 (300846)</a></td><td>发布Deepseek加持全国产算力政务智能体一体机。</td><td><div class="badge badge-error">涨停个股</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=300454" target="_blank" class="link link-hover">深信服 (300454)</a></td><td>同架构混合云一体机，AI安全能力出色，AICP算力底座，还原十倍推理性能。</td><td><div class="badge badge-warning">人气个股</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=688041" target="_blank" class="link link-hover">海光信息 (688041)</a></td><td>隐私计算一体机，基于海光计算底座，异构加速芯片DCU结合，全链路安全可控。</td><td><div class="badge badge-warning">人气个股</div></td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=001339" target="_blank" class="link link-hover">智微智能 (001339)</a></td><td>携手英特尔发布了绿色AI一体机，由Intel、清华同方、智微智能和TCL华星共同研发。</td><td><div class="badge badge-warning">人气个股</div></td></tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-xl font-semibold mb-4 text-indigo-300">DeepSeek生态核心合作伙伴 (图3)</h3>
|
||
<div class="overflow-x-auto fui-glass-card rounded-2xl p-2">
|
||
<table class="table table-zebra w-full">
|
||
<thead>
|
||
<tr>
|
||
<th>标的 (Stock)</th>
|
||
<th>核心逻辑 (Reason)</th>
|
||
<th>产品名称 (Product)</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=002261" target="_blank" class="link link-hover">拓维信息 (002261)</a></td><td>基于“昇腾+鲲鹏”打造，完成软硬件对DeepSeek满血版671B与各蒸馏版适配。</td><td>拓维信息智能数据标注一体机</td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=600050" target="_blank" class="link link-hover">中国联通 (600050)</a></td><td>基于“星罗”算力平台预置多尺寸模型，由通智一体化算力网支撑。</td><td>DeepSeek一体机</td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=601728" target="_blank" class="link link-hover">中国电信 (601728)</a></td><td>基于“息壤”算力平台，支持DeepSeek-R1全流程服务。</td><td>息壤智算一体机-DeepSeek版</td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=000938" target="_blank" class="link link-hover">紫光股份 (000938)</a></td><td>集成高性能计算单元，支持DeepSeek全系列模型，优化数据处理与推理速度。</td><td>新华三 DeepSeek智能一体机</td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=000977" target="_blank" class="link link-hover">浪潮信息 (000977)</a></td><td>全面兼容DeepSeek系列模型，单机可完成百亿级参数模型的实时推理。</td><td>浪潮 DeepSeek“推理一体机”</td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=603019" target="_blank" class="link link-hover">中科曙光 (603019)</a></td><td>内置AI管理平台SothisAI3.0，适配DeepSeek全系列模型及国内外主流开源模型。</td><td>曙光 DeepSeek人工智能一体机</td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=002230" target="_blank" class="link link-hover">科大讯飞 (002230)</a></td><td>提供塔式和机房部署两种形态，覆盖多种部署场景，助力开发者和科创企业加速业务创新。</td><td>“星火+DeepSeek双引擎一体机”</td></tr>
|
||
<tr><td><a href="https://valuefrontier.cn/company?scode=688152" target="_blank" class="link link-hover">麒麟信安 (688152)</a></td><td>采用国产鲲鹏920服务器+华为昇腾AI卡，搭载自研安全操作系统，无缝兼容DeepSeek全系列模型。</td><td>麒麟信安全国产化智算一体机</td></tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</section>
|
||
</main>
|
||
</div>
|
||
|
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|
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|
||
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|
||
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|
||
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|
||
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|
||
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|
||
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|
||
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|
||
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|
||
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|
||
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|
||
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|
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|
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||
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