大摩闭门会议-看空还是看多AI支出-deepseek对端侧AI影响-智能手机的投资机会-原文-AI-纪要

摘要 • US hyperscalers initially provide conservative capex guidance, often revised upwards based on supplier data. In August 2024, Asian tech analysts projected higher capex estimates compared to their US counterparts, highlighting a divergence in initial projections that eventually converge. • Major hyperscalers' upward revision of capex forecasts positively impacts the supply chain, exceeding initial expectations for 2024. This positive outlook extends to GPU demand and broader data center infrastructure i ...