ChatGPT行业研究：AIGC商用在即，AI算力景气提升

请阅读最后评级说明和重要声明 -45%-40%-35%-30%-25%-20%-15%-10%-5%0%5%2022-02-252022-07-252022-12-20沪深300指数人工智能指数：931071.CSI投资要点 ➢ ➢ ➢ ➢ ➢ 2 ................................................................................................................. 4 ............................................................................................................................ 4 ................................................................................................... 4 ..................................................................... 5 ............................................................................... 6 ....................................................................................................................... 6 ................................................................................................................ 7 ................................................................................................................... 9 .................................................................................. 12 ........................................................................................................... 12 ................................................................................................ 14 ............................................................................................................................. 16 ............................................................................................................................. 17 1 ............................................................................................................................................... 4 2 .......................................................................................................................................... 5 3 ................................................................................................................................................. 6 4 ................................................................................................................................................. 6 5 ...................................................................................... 7 6 ................................................................................................................................... 7 7 .................................................................................. 8 8 ................................................................................................................. 8 9 .............................................................................................................. 9 10 ........................................................................................ 10 11 .................................................................................................................................... 10 12 ........................................................................................................................................ 11 13 .............................................................................................. 11 14 ..................................................................................................................................... 12 iWeYsUwVnZiZeX7NcM9PpNnNoMoNeRnNnOlOnMnN6MpOpOuOnOpONZmQrM 3 15 ...................................................................................................................... 12 16 .................................................................................................................. 13 17 ...................................................................................................................... 13 18 .................................................................................................................................. 15 19 .......................................................................................................................... 15 20 .......................................................................................................................... 15 1 ............................................................................................................................................ 5 2 ................................................................................................................. 9 3 ...................................................................................................................... 14 4 5 6 7 8 9 10 11 12 13 31.775155.2268427640.7922.81271.4020040060080010001200140020192020202120222023E2024E2025E2026EEFLOPS 14 15 175255361490630776920020040060080010002020202120222023E2024E2025E2026E亿美元486412419142785012060200400600800100012001400201720182019202020212022E2023E亿元 16 17 18