大行評級|交銀國際:國產大模型或加速國產芯片使用 利好中芯國際和華虹半導體
交銀國際發表報吿表示,1月22日前後,杭州深度求索公司DeepSeek發佈兩款開源人工智能大模型(DeepSeek-R1/DeepSeek-R1-zero)並取得與海外領先模型相似或者更好的性能。兩款模型基於之前發佈的DeepSeek-V3, 其訓練僅用280萬小時的英偉達H800GPU算力(約560萬美元)。該行認為,國產高效開源模型的興起意味着大模型的訓練和推理成本或有大幅度降低。另外,決定中國人工智能發展的因素將會是國產自主創新,這包括AI大模型算法的發展和半導體硬件的國產替代。
交銀國際認為,模型門檻降低在利好國產算力芯片的同時,或對整個國產半導體產業鏈的業務產生積極影響,包括利好國產晶圓代工公司中芯國際和華虹半導體的產能利用率等業務指標,以及利好國產半導體設備,包括北方華創等的設備需求。
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