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小李飛刀
02-12
1000，小米比华为特斯拉英伟达都牛逼
小李飛刀
02-04
真j8能吹
景顺：DeepSeek的出现，令中美股票的估值差距缩小
小李飛刀
2024-10-02
$A50指数主连 2410(CNmain)$
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href=\"https://www.zhitongcaijing.com/content/detail/1245636.html\">Web Link</a>\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/89c781038d549c253b39cab0aa94f0fa","relate_stocks":{"SOXS":"三倍做空半导体ETF-Direxion Daily","SMH":"半导体指数ETF-HOLDRs","SOXL":"三倍做多半导体ETF-Direxion 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justify;\">此外，赵耀庭提及，如果未来人工智能趋势是基于推理的模型，中国人工智能公司有机会在更公平的环境中竞争。目前，美国并无就向中国出口ASIC实施重大限制。尚不能确定未来哪家全球半导体公司将在制造推理芯片上占据领先地位。与GPU相比，推理芯片的价格及制造难度均较低，因此，许多大型科技公司(包括中国科技公司)均有望成为强有力的参与者。如果未来人工智能更少地依赖于先进的运算能力，而是更多地依赖于推理能力，则这项软件优化转变可能会让更多的人工智能公司有机会获得公平竞争的机会。</p></body></html>","source":"highlight_zhitongcaijin","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>景顺：DeepSeek的出现，令中美股票的估值差距缩小</title>\n<style 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href=\"https://www.zhitongcaijing.com/content/detail/1245636.html\">Web Link</a>\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/89c781038d549c253b39cab0aa94f0fa","relate_stocks":{"SOXS":"三倍做空半导体ETF-Direxion Daily","SMH":"半导体指数ETF-HOLDRs","SOXL":"三倍做多半导体ETF-Direxion Daily"},"source_url":"https://www.zhitongcaijing.com/content/detail/1245636.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"1126233898","content_text":"近日，景顺亚太区(日本除外)环球市场策略师赵耀庭表示，DeepSeek及人工智能的发展，引发市场对AI领域巨额投资是否物有所值的疑问。当前，美国股市高度集中只是暂时现象，适宜对美国市场采取同等权重的配置方法。相对于美国超大型股，更偏好中小型股；而相对美国股票，更偏好中国股票。中国股票(尤其是中国科技公司)的估值较美国同业公司存在大幅折让，与人工智能发展差距缩小的情况类似，中国股票与美国股票的估值差距亦在缩小。赵耀庭认为，随着投资者开始预期未来市场对高科技半导体芯片的需求将下降，上周美国股市蒸发数千亿美元。投资者近期开始发现，DeepSeek这家鲜为人知的中国人工智能公司已实现与美国人工智能巨头相媲美的性能表现水平。最令人震惊的是，尽管在获得先进半导体芯片的渠道方面受限，但DeepSeek仍以极低的成本取得突破性发展。赵耀庭指出，事件更广泛的影响可能是，尽管美国对硬件出口实施限制，但中国科技公司仍能实现创新，特别是在软件方面。但DeepSeek的创始人近期亦表示，公司面临的最大问题是无法获得先进芯片。与此同时，由于现有模型已达到数据峰值，美国人工智能软件的发展似乎已趋于稳定。美国科技巨头的高层承认，未来的发展可能需要建立全新的模型，即基于推理(而非原始数据)的模型。这一发展可能会使未来的人工智能模型转为更依赖特定应用积体电路(ASIC)，而非目前的图像处理器(GPU)。此外，赵耀庭提及，如果未来人工智能趋势是基于推理的模型，中国人工智能公司有机会在更公平的环境中竞争。目前，美国并无就向中国出口ASIC实施重大限制。尚不能确定未来哪家全球半导体公司将在制造推理芯片上占据领先地位。与GPU相比，推理芯片的价格及制造难度均较低，因此，许多大型科技公司(包括中国科技公司)均有望成为强有力的参与者。如果未来人工智能更少地依赖于先进的运算能力，而是更多地依赖于推理能力，则这项软件优化转变可能会让更多的人工智能公司有机会获得公平竞争的机会。","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":355652036911496,"gmtCreate":1727831285965,"gmtModify":1727831986677,"author":{"id":"3525217560630248","authorId":"3525217560630248","name":"小李飛刀","avatar":"https://static.tigerbbs.com/f1f86cc88a6589a6efd9b6ea8131da43","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3525217560630248","authorIdStr":"3525217560630248"},"themes":[],"htmlText":"<a 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