{"id":645954,"date":"2026-06-24T03:59:16","date_gmt":"2026-06-24T10:59:16","guid":{"rendered":"https:\/\/nai500.com\/blog\/2026\/06\/ai-mu-nvda-amd-intc-googl\/"},"modified":"2026-06-24T04:30:04","modified_gmt":"2026-06-24T11:30:04","slug":"ai-mu-nvda-amd-intc-googl","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/06\/ai-mu-nvda-amd-intc-googl\/","title":{"rendered":"AI \u4ea4\u6613\u8fce\u6765\u9996\u6b21\u771f\u6b63\u56de\u8c03\uff0c\u7f8e\u5149\u8d22\u62a5\u6210\u534a\u5bfc\u4f53\u884c\u4e1a &#8220;\u5fc3\u7535\u56fe&#8221;"},"content":{"rendered":"<p>\u79d1\u6280\u80a1\u77ed\u6682\u5598\u606f\u540e\u518d\u5ea6\u627f\u538b\u3002AI \u70ed\u95e8\u6807\u7684\u8fde\u7eed\u906d\u9047\u629b\u552e\u4e4b\u540e\uff0c\u671f\u6307\u6b63\u8bd5\u56fe\u4f01\u7a33\uff0c\u800c\u5e02\u573a\u5c06\u76ee\u5149\u7262\u7262\u9501\u5b9a<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=MU\">\u7f8e\u5149\u79d1\u6280\uff08Micron Technology, MU\uff09<\/a>\u8d22\u62a5 \u2014\u2014 \u8fd9\u4efd\u4e1a\u7ee9\u88ab\u89c6\u4e3a\u6574\u4e2a\u534a\u5bfc\u4f53\u677f\u5757\u7684 &#8220;\u5fc3\u7535\u56fe&#8221;\u3002\u83b7\u5229\u4e86\u7ed3\u906d\u9047\u4f30\u503c\u7729\u6655\uff0c\u5229\u7387\u7126\u8651\u5c42\u5c42\u52a0\u7801\uff0cAI \u4ea4\u6613\u7a81\u7136\u8bb0\u8d77\uff1a\u5b83\u4e5f\u4f1a\u6709\u56de\u64a4\u3002<\/p>\n<p>\u8fc7\u53bb\u516b\u4e2a\u5c0f\u65f6\u5185\uff0c\u6700\u6d3b\u8dc3\u7684\u8d44\u91d1\u6d41\u52a8\u4ecd\u96c6\u4e2d\u5728\u540c\u4e00\u6279 &#8220;\u5143\u51f6&#8221; \u8eab\u4e0a\uff1a\u5185\u5b58\u3001AI \u52a0\u901f\u5668\uff0c\u4ee5\u53ca\u5c06\u5b83\u4eec\u53d8\u73b0\u7684\u4e91\u5e73\u53f0\u3002<\/p>\n<h2>\u7f8e\u5149\u8d22\u62a5\uff1a\u5185\u5b58\u5468\u671f\u7684\u5341\u5b57\u8def\u53e3<\/h2>\n<p>\u7f8e\u5149\u79d1\u6280\u65e0\u7591\u662f\u4eca\u65e5\u4ea4\u6613\u91cf\u4e4b\u738b\uff0c\u7ea6 4500 \u4e07\u80a1\u6362\u624b\u3002\u6295\u8d44\u8005\u5728\u76d8\u540e\u4e1a\u7ee9\u53d1\u5e03\u524d\u7d27\u6025\u8c03\u4ed3\uff0c\u8bd5\u56fe\u5728\u6628\u65e5 13% \u7684\u66b4\u8dcc\u4e4b\u540e\u91cd\u65b0\u5b9a\u4ef7\u5185\u5b58\u5229\u6da6\u7387\u3002<\/p>\n<p>\u5e02\u573a\u5173\u6ce8\u7684\u6838\u5fc3\u6709\u4e09\uff1aAI \u5185\u5b58\u9700\u6c42\u7684\u771f\u5b9e\u5f3a\u5ea6\u3001HBM \u4f9b\u7ed9\u8282\u594f\uff0c\u4ee5\u53ca\u5b9a\u4ef7\u8d8b\u52bf\u3002\u4eca\u5e74\u4ee5\u6765\u80a1\u4ef7\u4e00\u8def\u72c2\u98d9\u7684\u7f8e\u5149\uff0c\u5728\u79d1\u6280\u80a1\u629b\u552e\u6f6e\u4e2d\u66b4\u9732\u4e86 AI \u5185\u5b58\u4ea4\u6613\u7684\u62e5\u6324\u7a0b\u5ea6\u3002\u7ade\u4e89\u6742\u97f3\u4e5f\u5728\u5347\u6e29 \u2014\u2014SK \u6d77\u529b\u58eb\u8ba1\u5212\u901a\u8fc7\u7f8e\u56fd\u5b58\u6258\u51ed\u8bc1\uff08ADR\uff09\u5728\u7eb3\u65af\u8fbe\u514b\u878d\u8d44\u8fd1 300 \u4ebf\u7f8e\u5143\uff0c\u610f\u5473\u7740\u4e00\u4e2a\u8d44\u91d1\u96c4\u539a\u7684\u5bf9\u624b\u6b63\u5728\u903c\u8fd1\u5168\u7403\u5e02\u573a\u4efd\u989d\u3002<\/p>\n<p>\u671f\u6743\u5e02\u573a\u9690\u542b\u6ce2\u52a8\u7387\u5df2\u5347\u81f3\u9ad8\u4f4d\uff0c\u591a\u7a7a\u53cc\u5411\u8d44\u91d1\u6d3b\u8dc3\uff0c\u57fa\u91d1\u540c\u65f6\u5bf9\u51b2\u4e0b\u884c\u7f3a\u53e3\u548c\u4e0a\u884c\u903c\u7a7a\u98ce\u9669\u3002\u5173\u952e\u5728\u4e8e\u4ea7\u54c1\u7ed3\u6784\u4e0e\u5229\u6da6\u7387\uff1a\u82e5\u7f8e\u5149\u5c55\u793a HBM \u51fa\u8d27\u91cf\u6301\u7eed\u722c\u5761\u3001\u6bdb\u5229\u7387\u8def\u5f84\u53ef\u4fe1\u4e14 capex \u4e0d\u5931\u63a7\uff0c\u6b64\u6b21\u56de\u8c03\u66f4\u50cf\u662f\u673a\u4f1a\u7a97\u53e3\uff1b\u82e5\u6307\u5f15\u505c\u7559\u5728 &#8220;\u4e0b\u534a\u5e74\u518d\u8bf4&#8221;\uff0c\u6295\u8d44\u8005\u5c06\u91cd\u65b0\u5b9a\u4ef7\u5468\u671f\u800c\u975e\u68a6\u60f3\uff0c\u4f30\u503c\u538b\u7f29\u6216\u8fdc\u672a\u7ed3\u675f\u3002<\/p>\n<h2>\u9f99\u5934\u4f17\u751f\u76f8\uff1a\u4ece\u5b8c\u7f8e\u5230\u4f18\u79c0\u7684\u91cd\u5b9a\u4ef7<\/h2>\n<p><a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=NVDA\">\u82f1\u4f1f\u8fbe\uff08Nvidia, NVDA\uff09<\/a>\u7684\u5bbf\u9189\u4ecd\u5728\u5ef6\u7eed\u3002AI \u786c\u4ef6\u677f\u5757\u7684\u540c\u60c5\u6027\u629b\u552e\u3001\u706b\u70ed\u884c\u60c5\u964d\u6e29\uff0c\u52a0\u4e0a\u65b0\u7ade\u4e89\u8005\u7684\u9ad8\u8c03\u53d1\u58f0\uff0c\u90fd\u8ba9\u5e02\u573a\u5f00\u59cb\u8d28\u7591\u8d85\u9ad8\u5229\u6da6\u7387\u7684\u53ef\u6301\u7eed\u6027\u3002Cerebras \u4e0a\u5e02\u540e\u9996\u6b21\u66f4\u65b0\u867d\u51f8\u663e\u4e86\u82f1\u4f1f\u8fbe\u5546\u4e1a\u6a21\u5f0f\u7684\u96be\u4ee5\u590d\u5236\uff0c\u4f46\u4e5f\u63d0\u9192\u4ea4\u6613\u8005\uff1a\u89ca\u89ce\u8d85\u5927\u89c4\u6a21\u4e91\u5382\u5546\u9884\u7b97\u7684\u4f9b\u5e94\u5546\u8fdc\u4e0d\u6b62\u4e00\u5bb6\u3002\u5229\u7387\u4e0a\u884c\u5bf9\u957f\u4e45\u671f\u6210\u957f\u80a1\u540c\u6837\u4e0d\u53cb\u597d\u3002<\/p>\n<p><a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=AMD\">AMD\uff08Advanced Micro Devices, AMD\uff09<\/a>\u7684\u6267\u884c\u6ea2\u4ef7\u6b63\u63a5\u53d7\u5ba1\u8ba1\u3002MI300 \u7684\u589e\u957f\u52a8\u80fd\u4e0e AI \u677f\u5757\u6574\u4f53\u9707\u8361\u5f62\u6210\u5f20\u529b\u3002\u6295\u8d44\u8005\u9700\u8981\u5728 &#8220;\u8d85\u5927\u89c4\u6a21\u4e91\u5382\u5546\u8ba2\u5355\u80dc\u5229&#8221; 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