Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82
jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!
随机图片

jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!

更新时间: 浏览次数: 848

400电话:123456(点击咨询)
jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!各观看免费《今日汇总》
jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!各热线观看免费2025已更新(2025已更新)








jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!各区点热线观看免费《今日发布》
Random Image jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!电话








7天观看免费人工电话为您、jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!团队在调度中心的统筹调配下,线下专业及各地区人员团队等专属,整个报修流程规范有序,后期同步跟踪查询公开透明。








所有团队均经过专业培训、持证上岗,所用产品配件均为原厂直供,








jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!各观看免费《今日汇总》2025已更新(今日/推荐)








jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!电话区域:








嘉峪关市








桂林市(恭城瑶族自治县、叠彩区、永福县、临桂区、阳朔县、雁山区、灵川县、灌阳县、秀峰区、七星区、龙胜各族自治县、平乐县、象山区、兴安县、荔浦市、资源县、全州县)








七台河市(茄子河区、桃山区、勃利县、新兴区)








天水市(张家川回族自治县、武山县、秦州区、麦积区、秦安县、清水县、甘谷县)  阜新市(太平区、海州区、彰武县、清河门区、新邱区、阜新蒙古族自治县、细河区)








鞍山市(铁东区、立山区、岫岩满族自治县、千山区、海城市、台安县、铁西区)








湘西土家族苗族自治州(永顺县、吉首市、保靖县、花垣县、龙山县、古丈县、泸溪县、凤凰县)








伊犁哈萨克自治州(奎屯市、新源县、尼勒克县、霍尔果斯市、霍城县、巩留县、昭苏县、伊宁县、特克斯县、伊宁市、察布查尔锡伯自治县)黄石市(阳新县、黄石港区、铁山区、大冶市、西塞山区、下陆区)








鹤壁市(山城区、浚县、淇滨区、淇县、鹤山区)  淮安市(盱眙县、淮阴区、淮安区、金湖县、涟水县、洪泽区、清江浦区)








宁波市(象山县、慈溪市、奉化区、北仑区、宁海县、镇海区、余姚市、海曙区、鄞州区、江北区)








柳州市(三江侗族自治县、融安县、融水苗族自治县、柳城县、柳北区、鹿寨县、鱼峰区、柳江区、城中区、柳南区)








三亚市(崖州区、吉阳区、海棠区、天涯区)








汕尾市(海丰县、城区、陆丰市、陆河县)








黄南藏族自治州(同仁市、尖扎县、河南蒙古族自治县、泽库县)








西双版纳傣族自治州(景洪市、勐海县、勐腊县)








揭阳市(揭东区、普宁市、榕城区、揭西县、惠来县)








株洲市(茶陵县、芦淞区、醴陵市、渌口区、攸县、炎陵县、石峰区、天元区、荷塘区)








天津市(河东区、宁河区、北辰区、河西区、红桥区、滨海新区、南开区、河北区、宝坻区、武清区、和平区、蓟州区、西青区、东丽区、静海区、津南区)








西安市(雁塔区、新城区、莲湖区、周至县、长安区、灞桥区、鄠邑区、临潼区、未央区、蓝田县、高陵区、阎良区、碑林区)








漳州市(长泰区、东山县、芗城区、诏安县、南靖县、平和县、龙海区、龙文区、华安县、漳浦县、云霄县)








济南市(莱芜区、商河县、历下区、章丘区、钢城区、槐荫区、长清区、历城区、市中区、平阴县、天桥区、济阳区)








楚雄彝族自治州(大姚县、永仁县、牟定县、姚安县、南华县、禄丰市、楚雄市、武定县、双柏县、元谋县)








衢州市(柯城区、龙游县、常山县、开化县、衢江区、江山市)








哈密市(伊州区、巴里坤哈萨克自治县、伊吾县)








中山市








海口市(美兰区、琼山区、秀英区、龙华区)








长沙市(开福区、天心区、岳麓区、浏阳市、雨花区、芙蓉区、宁乡市、长沙县、望城区)








扬州市(高邮市、江都区、广陵区、仪征市、邗江区、宝应县)
400电话:123456(点击咨询)
jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!各观看免费《今日汇总》《今日发布》
jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!各观看免费《今日汇总》(2025已更新)








jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!各观看免费《今日汇总》【2025已更新列表】
jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!电话








7天观看免费人工电话为您、jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!团队在调度中心的统筹调配下,线下专业及各地区人员团队等专属,整个报修流程规范有序,后期同步跟踪查询公开透明。








所有团队均经过专业培训、持证上岗,所用产品配件均为原厂直供,








jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!中心2025已更新(今日/推荐)








jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!电话区域:








汉中市(洋县、勉县、南郑区、汉台区、镇巴县、宁强县、城固县、留坝县、西乡县、佛坪县、略阳县)








伊春市(南岔县、大箐山县、汤旺县、金林区、友好区、丰林县、铁力市、嘉荫县、伊美区、乌翠区)








驻马店市(确山县、上蔡县、驿城区、汝南县、平舆县、新蔡县、遂平县、正阳县、西平县、泌阳县)








延安市(宝塔区、宜川县、延长县、安塞区、子长市、黄陵县、延川县、吴起县、富县、甘泉县、洛川县、志丹县、黄龙县)  江门市(鹤山市、台山市、新会区、恩平市、江海区、蓬江区、开平市)








丹东市(振安区、东港市、凤城市、元宝区、振兴区、宽甸满族自治县)








温州市(泰顺县、龙湾区、苍南县、瓯海区、文成县、瑞安市、洞头区、平阳县、永嘉县、鹿城区、龙港市、乐清市)








拉萨市(达孜区、尼木县、墨竹工卡县、城关区、当雄县、曲水县、林周县、堆龙德庆区)湘潭市(湘潭县、雨湖区、韶山市、湘乡市、岳塘区)








深圳市(龙华区、福田区、宝安区、坪山区、南山区、盐田区、龙岗区、罗湖区、光明区)  张家口市(涿鹿县、康保县、宣化区、阳原县、怀安县、下花园区、崇礼区、桥东区、万全区、沽源县、尚义县、张北县、赤城县、桥西区、怀来县、蔚县)








孝感市(云梦县、孝南区、应城市、孝昌县、安陆市、汉川市、大悟县)








厦门市(思明区、翔安区、湖里区、海沧区、集美区、同安区)








儋州市达州市(达川区、通川区、宣汉县、渠县、大竹县、开江县、万源市)








信阳市(罗山县、息县、浉河区、淮滨县、潢川县、光山县、新县、商城县、平桥区、固始县)








黔西南布依族苗族自治州(贞丰县、兴义市、望谟县、兴仁市、册亨县、普安县、晴隆县、安龙县)








延边朝鲜族自治州(汪清县、延吉市、珲春市、和龙市、龙井市、图们市、敦化市、安图县)








芜湖市(无为市、南陵县、繁昌区、镜湖区、弋江区、鸠江区、湾沚区)








贵港市(港南区、覃塘区、港北区、平南县、桂平市)








玉林市(福绵区、陆川县、北流市、玉州区、博白县、容县、兴业县)








烟台市(莱山区、招远市、莱州市、牟平区、龙口市、蓬莱区、海阳市、芝罘区、莱阳市、栖霞市、福山区)








安庆市(大观区、桐城市、岳西县、怀宁县、望江县、宜秀区、太湖县、宿松县、迎江区、潜山市)








焦作市(温县、博爱县、修武县、武陟县、孟州市、沁阳市、中站区、山阳区、马村区、解放区)








湖州市(德清县、吴兴区、南浔区、安吉县、长兴县)








吉林市(丰满区、永吉县、蛟河市、磐石市、昌邑区、船营区、舒兰市、桦甸市、龙潭区)








金华市(武义县、永康市、兰溪市、金东区、东阳市、婺城区、义乌市、浦江县、磐安县)








许昌市(禹州市、魏都区、襄城县、鄢陵县、长葛市、建安区)








迪庆藏族自治州(维西傈僳族自治县、德钦县、香格里拉市)








铜川市(宜君县、王益区、印台区、耀州区)








南充市(高坪区、营山县、阆中市、南部县、蓬安县、顺庆区、嘉陵区、西充县、仪陇县)

  业内期盼的“英伟达平替”,价值开始显现了!

  4月18日晚,国内领先的AI芯片设计企业寒武纪发布2024年报和2025年一季报。年报显示,2024年公司实现总营收11.74亿元,同比增长65.56%;归母净利润亏损4.52亿元,其中第四季度盈利首次转正。今年一季报更是惊人,公司实现总营收11.11亿元,几乎相当于2024年全年的收入,同比增长4230.22%;实现净利润3.55亿元,同比扭亏为盈。

  分析人士认为,寒武纪业绩的增长表明,国内人工智能芯片已经崛起。在英伟达部分芯片遭禁的背景之下,寒武纪的平替价值正在显现。去年四季度和今年一季度,寒武纪存货余额分别为17.74亿元和27.55亿元,分别环比增加7.6亿元和9.8亿元,存货余额持续创历史新高。而从最近两个季度存货转收入的趋势来看,的确也在持续增长。显示在英伟达芯片受限背景之下,寒武纪备货充足,主力芯片出货可能持续增加。

  惊人的业绩

  日前,寒武纪公布了去年年报和今年一季报,其业绩表现的确惊人。该公司2024年公司实现总营业收入11.74亿元,同比增长65.56%。其中,云端产品线收入占比高达99.30%,较上年同期增长1187.78%;今年一季度,公司实现总营业收入11.11亿元,同比增长4230.22%,实现归母净利润3.55亿元,实现扭亏为盈;今年一季度毛利率为55.99%,较2024年56.71%的毛利率略有下降。

  重要的不是实现了多少业绩,而是业绩增长的趋势和原因。

  寒武纪今年一季度营收大幅增长,几乎相当于去年全年营收。寒武纪在公告中表示,这主要得益于公司在人工智能领域的市场拓展和技术应用的推进。其业绩也出现大幅转正,公司方面表示,主要系报告期内营业收入较上年同期大幅增长,本报告期归属于上市公司股东的净利润及归属于上市公司股东的扣除非经常性损益后的净利润由负转正所致。

  在细节上,更有看点。存货方面,寒武纪今年一季度存货为27.55亿元,较2024年末的17.74亿元,增长超50%。虽然存货增加,但去年的17.74亿存货转化成了今年一季度的11.11亿元。那么,后续市场就可以预期,今年一季度27.55亿元的存货究竟会转化成多大规模的营收和利润。特别是英伟达部分芯片出口受限的背景之下。

  同时,预付账款端显示,寒武纪2025年一季度末预付账款9.73亿元,较2024年年末的7.74亿元同样大幅提升,这意味着公司还处在积极备货当中。

  天风证券认为,存货+预付款连续三个季度处于上升趋势,结合公司现金的减少和预付款、存货与收入的联动关系,可以看到公司的供应链有极强的韧性,同时也预计二季度有更高的收入体量。存货的细则中委托加工物资占比较高,如果从成本端计算并假设合理的比例,公司现有的储备值得看好。

  国产替代趋势正在到来

  有券商研究认为,寒武纪今年一季报可能还只是冰山一角,偶露峥嵘。未来的大趋势可能正在到来。

  从寒武纪管理层表述上看,训练能力上加入对DeepSeek的支持,各类分布式训练与推理的技术已经支持,主持主导国内和国际多类标准的编制。成绩上互联网客户快速突破,第一大客户占比79%。这些都符合产业追踪的信息,其软件易用是核心,这样的能力可以在其他客户身上复制和裂变。

  该机构认为,一方面财报质量较高,另一方面产业链追踪的信息都能在财报内得到体现,这意味着后续表现大概率比今年一季报好,持续增强的趋势刚刚开始。市场担心的生产问题,有分歧的利润率问题,在财报里均有较好的回复。

  部分芯片被禁后,产业已开始加速落地国产化,英伟达下一代阉割款产品的竞争力很难保持。供不应求的大趋势下,国产卡量价齐升的局面已出现明确迹象,产业正向的反馈值得期待。

  天风证券认为,从存货这一前瞻指标和下游的需求看,预计二季度收入与利润释放会更好;目前伴随着H20面临许可证+英伟达计提报表损失,预计国内可能面临超过80万H20芯片的算力缺口,但国内多模态模型与AIAgent产业趋势在即,算力缺口背景下国产算力的重要程度进一步提高。

  美国可能会出现一家新的最大的信用卡公司。  

  美国联邦储备委员会理事会和货币监理署周五宣布,第一资本银行(CapitalOne)已获批收购发现金融服务公司(DiscoverFinancialServices)并与之合并。

  这项全股票交易在一年多前首次宣布,一旦完成,将使第一资本银行在与摩根大通、美国银行和花旗集团等竞争对手的信用卡发行银行的竞争中取得重大优势,因为这些银行本身并不处理交易业务。

  这也将为第一资本银行带来新的收入来源,即从其收取的商户手续费中获利。

  特朗普政府在很大程度上被认为对企业合并更为友好。在特朗普去年11月赢得大选后,第一资本银行和发现金融服务公司的股票随即上涨,其他一些正在尝试合并或此前曾完全取消合并交易的公司的股票也出现了上涨。

新闻结尾 jy被堵肚子胀得厉害,畅享无限动漫资源,尽在指尖轻松获取!的相关文章
为什么到了春天很多人都想出去旅游?
为什么很多受抑郁折磨的年轻人,不愿到心理咨询室或医院去看「心理医生」?是觉得费用贵还是怕丢面子?
经常在外面吃饭有什么危害?
我被困在了无限循环的奇怪酒店里面!
万斯颁奖时把球队冠军奖杯弄散架
世界经济进入大停滞了吗
  • 友情链接:
  • 撒旦和路西法放在中国神话里是什么级别的神? 高盛最新预测:今年美国逼近0增长 张丹峰羡慕于小彤11岁出道

    查看更多评价 ∨