\u4e2d\u570b\u5546\u696d\u5a92\u9ad4\u672c\u9031\u6307\u51fa\u4e00\u9805\u5f15\u4eba\u6ce8\u76ee\u7684\u8f49\u5411\uff1a\u767e\u5ea6\u78ba\u8a8d\u5176\u6676\u7247\u90e8\u9580\u6606\u4f96\u82af\u6b63\u671d\u9999\u6e2f\u5206\u62c6\u53ca\u4e0a\u5e02\u63a8\u9032\uff0c\u540c\u6642\u8b66\u544a\u4ea4\u6613\u4e26\u975e\u677f\u4e0a\u91d8\u91d8\u3002\u516c\u53f8\u5728\u672c\u5730\u5a92\u9ad4\u7684\u4e2d\u6587\u8072\u660e\u4e2d\u4f7f\u7528\u4e86\u5e38\u898b\u63aa\u8fad\uff0c\u6307\u51fa\u64ec\u8b70\u4ea4\u6613\u201c\u5c1a\u5b58\u4e0d\u78ba\u5b9a\u6027\u201d\u3002\u6642\u9593\u9ede\u4e26\u975e\u5076\u7136\u3002\u5728\u6469\u723e\u7dda\u7a0b\uff08Moore Threads\uff09\u65bc\u4e0a\u6d77\u5927\u7206\u767c\u5f8c\uff0c\u5927\u9678\u6295\u8cc7\u4eba\u518d\u6b21\u8ffd\u9010\u672c\u571f\u534a\u5c0e\u9ad4\u4e0a\u5e02\u3002\u6606\u4f96\u82af\u7684\u6d88\u606f\u5728\u4ee5\u5c08\u7528 GPU \u65b0\u5275\u4f54\u4e3b\u5c0e\u7684\u5f85\u4e0a\u5e02\u540d\u55ae\u4e2d\u52a0\u5165\u4e86\u4e00\u500b\u5927\u578b\u4e92\u806f\u7db2\u516c\u53f8\uff0c\u4f7f\u9999\u6e2f\u5728\u5176\u65b0\u5236\u5ea6\u4e0b\u6210\u70ba\u672a\u76c8\u5229\u6df1\u79d1\u6280\u7684\u4e0a\u5e02\u5834\u5730\u3002<\/p>\n
\u5e02\u5834\u53cd\u61c9\uff1a\u9999\u6e2f\u79d1\u6280\u80a1\u8d70\u9ad8\uff0cA \u80a1\u6676\u7247\u518d\u53d7\u8ffd\u6367\u3002\u9031\u4e00\u767e\u5ea6\u5728\u9999\u6e2f\u958b\u76e4\u4e0a\u6f32\u7d04 3%\uff0c\u5ef6\u7e8c\u524d\u4e00\u4ea4\u6613\u65e5\u7684\u6f32\u52e2\uff0c\u4ea4\u6613\u54e1\u62bc\u6ce8\u5206\u62c6\u53ef\u63ed\u793a\u5176 AI \u904b\u7b97\u696d\u52d9\u7684\u50f9\u503c\u3002\u6046\u751f\u79d1\u6280\u677f\u584a\u5728\u534a\u5c0e\u9ad4\u76f8\u95dc\u500b\u80a1\u4e0a\u51fa\u73fe\u9022\u4f4e\u8cb7\u76e4\uff0c\u800c\u53d7\u5730\u7522\u8207\u9280\u884c\u62d6\u7d2f\uff0c\u6574\u9ad4\u6046\u751f\u6307\u6578\u8868\u73fe\u843d\u5f8c\u3002\u5883\u5167\u65b9\u9762\uff0c\u53d7\u4e0a\u9031\u4e94\u6469\u723e\u7dda\u7a0b\u5728\u4e0a\u6d77\u9996\u767c\u5927\u6f32\u7684\u6fc0\u52f5\uff0c\u5e02\u5834\u5c0d\u6676\u7247\u88fd\u9020\u5546\u7684\u60c5\u7dd2\u4fdd\u6301\u6a02\u89c0\uff0c\u672c\u5730\u5a92\u9ad4\u628a\u8a72\u516c\u53f8\u9996\u65e5\u6578\u500d\u6f32\u5e45\u8b6c\u55bb\u70ba\u201c\u4e2d\u570b\u5c0f\u82f1\u5049\u9054\u201d\u3002\u9019\u80a1\u71b1\u60c5\u4e5f\u5ef6\u4f38\u81f3 MetaX Integrated Circuits\uff0c\u8a72\u516c\u53f8\u63a8\u9032\u4e0a\u6d77\u914d\u552e\u4e26\u5c07\u516c\u5e03\u914d\u80a1\u7d50\u679c\u3002\u884c\u60c5\u986f\u793a\u4e00\u500b\u7c21\u55ae\u6545\u4e8b\uff1a\u5728\u653f\u7b56\u8207\u6d41\u52d5\u6027\u7a97\u53e3\u4e0b\uff0c\u6295\u8cc7\u4eba\u6b63\u5728\u8f2a\u52d5\u56de\u6d41\u570b\u5167\u904b\u7b97\u9818\u57df\uff0c\u767e\u5ea6\u7684\u78ba\u8a8d\u6070\u597d\u5951\u5408\u8a72\u4e3b\u984c\u3002<\/p>\n
\u70ba\u4f55\u9078\u64c7\u9999\u6e2f\uff1a\u7b2c 18C \u7ae0\u9069\u5408\u6606\u4f96\u82af\u5c6c\u6027\u3002\u9999\u6e2f\u70ba\u5c08\u696d\u79d1\u6280\u516c\u53f8\u8a2d\u8a08\u7684\u4e0a\u5e02\u6846\u67b6\u5141\u8a31\u71df\u6536\u504f\u4f4e\u6216\u5c1a\u672a\u7372\u5229\u7684\u6df1\u79d1\u6280\u4f01\u696d\u5728\u7d93\u904e\u9069\u5ea6\u5e02\u503c\u8207\u57fa\u77f3\u652f\u6301\u4e0b\u4e0a\u5e02\u3002\u6839\u64da\u6e2f\u4ea4\u6240\u7684\u4e2d\u6587\u8cc7\u6599\uff0c\u8a72\u5236\u5ea6\u88ab\u63cf\u8ff0\u70ba\u652f\u6301\u5177\u5099\u300c\u5c08\u696d\u79d1\u6280\u516c\u53f8\u300d\u8207\u672a\u76c8\u5229\u7279\u6027\u7684\u516c\u53f8\u3002\u9019\u5c0d\u6606\u4f96\u82af\u5f88\u91cd\u8981\uff1a\u8a72\u516c\u53f8\u5728 2024 \u5e74\u7d04\u9304\u5f97\u4eba\u6c11\u5e63 20 \u5104\u5143\u6536\u5165\u8207\u4eba\u6c11\u5e63 2 \u5104\u5143\u6de8\u8667\u640d\uff0c\u4e26\u9810\u671f\u5728 2025 \u5e74\u65bc\u8d85\u904e\u4eba\u6c11\u5e63 35 \u5104\u5143\u92b7\u552e\u4e0b\u9054\u5230\u6536\u652f\u5e73\u8861\u3002\u5c0d\u65bc\u4e00\u500b\u5f9e ADR \u8207\u96d9\u91cd\u4e0a\u5e02\u6bcd\u516c\u53f8\u5206\u62c6\u51fa\u4f86\u7684\u55ae\u4f4d\uff0c\u9999\u6e2f\u8def\u5f91\u5408\u60c5\u5408\u7406\uff0c\u53ef\u89f8\u53ca\u5357\u5411\u8cc7\u91d1\uff0c\u4e14\u95dc\u9375\u5728\u65bc\u53ef\u907f\u958b STAR Market \u90a3\u5df2\u88ab GPU \u985e\u80a1\u64e0\u6eff\u7684\u6392\u968a\u3002\u5206\u62c6\u4ea6\u53ef\u8b93\u767e\u5ea6\u5c07\u77fd\u6676\u6295\u8cc7\u8207\u63a1\u8cfc\u5728\u4e0d\u9055\u53cd\u6f38\u9032\u7684\u51fa\u53e3\u7ba1\u5236\u4e0b\u5708\u5b58\uff0c\u540c\u6642\u900f\u904e\u4f9b\u61c9\u5408\u7d04\u7dad\u6301\u5546\u696d\u95dc\u4fc2\u3002<\/p>\n
\u62c6\u5206\u4f30\u503c\u62c6\u89e3\uff1a\u50f9\u503c\u91cb\u653e\u771f\u5be6\uff0c\u4f46\u975e\u5fb9\u5e95\u6539\u8b8a\u5c40\u52e2\u3002\u4e2d\u6587\u8ca1\u7d93\u5a92\u9ad4\u5831\u5c0e\u6307\u51fa\u6606\u4f96\u82af\u5728\u65b0\u4e00\u8f2a\u878d\u8cc7\u5f8c\u7684\u6700\u65b0\u521d\u59cb\u4f30\u503c\u7d04\u70ba\u4eba\u6c11\u5e63 210 \u5104\u5143\u3002\u767e\u5ea6\u76ee\u524d\u6301\u80a1 59.45%\uff0c\u8f03 2021 \u5e74\u5206\u62c6\u5f8c\u7d04 70% \u4e0b\u6ed1\u3002\u4ee5\u8a72\u6301\u80a1\u6bd4\u4f8b\u8a08\u7b97\uff0c\u767e\u5ea6\u7684\u6301\u80a1\u50f9\u503c\u7d04\u70ba\u4eba\u6c11\u5e63 125 \u5104\u5143\uff0c\u7d04\u5408 17 \u5104\u7f8e\u5143\u3002\u5373\u4fbf IPO \u5e36\u4f86\u6ea2\u50f9\uff0c\u5c0d\u6bcd\u516c\u53f8\u5e02\u503c\u800c\u8a00\u6b64\u6578\u76ee\u91cd\u8981\u4f46\u4e0d\u81f3\u65bc\u6539\u8b8a\u57fa\u672c\u6295\u8cc7\u8ad6\u9ede\u3002\u66f4\u76f4\u63a5\u7684\u5f71\u97ff\u662f\u300c\u8996\u89ba\u5316\u300d\uff1a\u5206\u90e8\u7d93\u6fdf\u6027\u8b8a\u5f97\u53ef\u898b\uff0c\u82e5\u6295\u8cc7\u4eba\u8a8d\u70ba\u5176 AI \u6280\u8853\u68e7\u80fd\u5728\u4e0d\u88dc\u8cbc\u96c6\u5718\u6676\u7247\u958b\u767c\u7684\u60c5\u5f62\u4e0b\u7522\u751f\u56de\u5831\uff0c\u767e\u5ea6\u7684\u4f30\u503c\u4e58\u6578\u6216\u5c07\u91cd\u4f30\u3002\u6606\u4f96\u82af\u8207\u767e\u5ea6\u96f2\u53ca\u5176 ERNIE \u6a21\u578b\u7684\u95dc\u806f\u5728\u6b64\u8655\u5f88\u91cd\u8981\u3002\u82e5\u6606\u4f96\u82af\u7684\u5916\u90e8\u92b7\u552e\u6301\u7e8c\u64f4\u5927\u2014\u2014\u672c\u5730\u5a92\u9ad4\u6307\u51fa\u5176\u92b7\u552e\u5728\u5169\u5e74\u5167\u5df2\u6210\u9577\u2014\u2014\u8a72\u55ae\u4f4d\u53ef\u4ee5\u5728\u6bcd\u516c\u53f8\u4e4b\u5916\u591a\u5143\u5316\uff0c\u4e26\u6e1b\u5c11\u88ab\u8996\u70ba\u95dc\u806f\u6536\u5165\u7684\u5370\u8c61\u3002<\/p>\n
\u653f\u7b56\u9806\u98a8\uff1a\u570b\u5167 GPU \u63a8\u9032\u8207\u5927\u57fa\u91d1\u4e09\u671f\u3002\u5317\u4eac\u7684\u8a0a\u606f\u4e00\u8cab\u660e\u78ba\uff1a\u52a0\u901f\u81ea\u4e3b\u904b\u7b97\u3002\u5728\u904e\u53bb\u4e00\u5e74\u9593\uff0c\u4e2d\u6587\u653f\u7b56\u6587\u4ef6\u5f37\u8abf\u95dc\u9375\u6280\u8853\u7684\u300c\u81ea\u4e3b\u53ef\u63a7\u300d\u3002\u570b\u5bb6\u96c6\u6210\u96fb\u8def\u7522\u696d\u6295\u8cc7\u57fa\u91d1\u7b2c\u4e09\u671f\u4ee5\u6578\u5343\u5104\u5143\u898f\u6a21\u555f\u52d5\uff0c\u4e26\u4e14\u5404\u7701\u7d1a\u57fa\u91d1\u7d1b\u7d1b\u8ddf\u9032\u3002\u9019\u4e9b\u8cc7\u91d1\u6b63\u5728\u63a8\u52d5\u4e0a\u5e02\u71b1\u6f6e\u3002\u672c\u5730\u982d\u689d\u5c07\u6469\u723e\u7dda\u7a0b\u7684\u98c6\u5347\u8207\u5c0d\u300c\u534a\u5c0e\u9ad4\u81ea\u7d66\u300d\u4fe1\u5fc3\u7684\u56de\u5347\u639b\u9264\uff0c\u800c\u4e0a\u6d77\u7684\u79d1\u5275\u677f\u4ecd\u7136\u662f\u6676\u7247\u8a2d\u8a08\u8005\u504f\u597d\u7684\u4e0a\u5e02\u5730\u3002\u9999\u6e2f\u5247\u70ba\u8f03\u5927\u578b\u4f01\u696d\u5206\u62c6\u8207\u79c1\u6709\u7368\u89d2\u7378\u63d0\u4f9b\u4e86\u96e2\u5cb8\u88dc\u5145\u3002\u4e00\u5bb6\u8207\u767e\u5ea6\u76f8\u95dc\u7684\u767c\u884c\u9ad4\u70ba\u4ecd\u5728\u91cd\u5efa IPO \u4fe1\u5fc3\u7684\u5e02\u5834\u63d0\u4f9b\u652f\u6490\uff0c\u4e26\u5411\u5357\u5411\u8cc7\u91d1\u5c55\u793a\u4e00\u500b\u653f\u7b56\u8a8d\u53ef\u7684\u8cc7\u7522\u985e\u5225\u3002<\/p>\n
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